EQT Private Equity to sell Adamo to Ardian Infrastructure
EQT is pleased to announce that the EQT Mid Market Europe fund (“EQT Private Equity”) has agreed to sell Adamo Telecom (“Adamo” or “the Company”) to Ardian Infrastructure (“Ardian”). Headquartered in Barcelona, Spain, Adamo is currently the fastest growing and leading open access rural fiber-to-the-home (FTTH) platform in Spain. With a unique nationwide footprint, the […]
KKR appoints Independent Director
KKR & Co has appointed Evan Spiegel as a new Independent Director, bringing the total of independent directors on the company’s Board to eleven out of fifteen seats. Spiegel is the Co-Founder and Chief Executive Officer of Snap Inc, a publicly traded camera company that believes reinventing the camera represents the greatest opportunity to improve […]
Private equity firm Hellman & Friedman matches rival offer for Germany’s Zooplus
U.S. private equity company Hellman & Friedman said on Thursday it has matched a rival offer from Swedish private equity firm EQT AB to acquire Zooplus AG, one of Europe’s largest online pet supply retailers, for about 3.36 billion euros ($3.88 billion). Hellman & Friedman’s 470-euros-per-share offer for Zooplus comes after EQT topped an earlier […]
EQT Private Equity to sell majority stake in VFS Global to Blackstone
EQT is pleased to announce that the EQT VII fund (“EQT Private Equity”) has signed a definitive agreement to sell a majority stake in VFS Global (the “Company”) to private equity funds managed by Blackstone (”Blackstone”). EQT Private Equity will retain a minority position in the Company alongside Blackstone and the Kuoni and Hugentobler Foundation […]
Carlyle appoints new Chief Development Officer
Carlyle has appointed Ryan Selwood, former Head of Direct Private Equity at Canada Pension Plan Investment Board (CPP Investments), as Managing Director and Chief Development Officer. In this newly created position, Selwood will be involved in a range of investment and management activities across Carlyle, working alongside many in leadership to drive major priorities including […]
Investcorp eyes India private equity growth and capital boost for online retailer
Bahrain-based Investcorp aims to more than double its private equity investments in India over the next few years and is currently looking to raise new capital for online retailer FreshToHome, in which it invested last year, an executive said. Investcorp is currently managing around $300 million of private equity investments in India, a large majority […]
Tikehau Capital to exceed €5bn climate-dedicated AUM by 2025
Tikehau Capital, a global alternative asset management group, today is aimingto manage at least €5 billion of AUM, dedicated exclusively to the fight against climate change, by 2025. This will provide Tikehau Capital with sizeable means to invest in companies and projects driving the decarbonisation of the economy to a more sustainable future. This significant […]
UK private equity firm DPI raises $900m for African investments
Development Partners International exceeded its initial target of raising $800m for its African Development Partners III Fund Development Partners International (DPI), a UK-based private equity firm that invests in Africa, has raised $900m to invest in companies on the continent. The firm exceeded its initial target of raising $800m for its African Development Partners III […]
Softbank Vision Fund 2 leads $200m Series E round in Andela
Softbank Vision Fund 2 has led a Series E $200m investment in Andela, a global network for remote engineering talent, that values the company at $1.5bn Other investors in the round included new investor Whale Rock and existing investors: Generation Investment Management, Chan Zuckerberg Initiative, and Spark Capital. Lydia Jett, Founding Partner at SoftBank Investment […]
TPG, Johor Corp Weigh Taking Malaysia’s KPJ Healthcare Private
U.S. private equity firm TPG Capital and Malaysian state-owned investment company Johor Corp. are considering a plan to take Malaysia’s KPJ Healthcare Bhd. private, according to people with knowledge of the matter. The San Francisco-based firm and the investment arm of the Johor state government are in talks with banks to finance the potential deal […]
