KKR to launch its two first ESG credit funds
Private equity firm KKR & Co Inc is preparing to launch its first two credit funds dedicated to investing based on environmental, social and corporate governance (ESG) principles later this year, according to an internal memo seen by Reuters. The second fund, KKR Credit ESG Accelerator Fund, will be a global sustainability-focused fund deploying a range […]
Private equity platform doubles assets under management
Moonfare aims to open up the asset class to a wider group of investors Private equity platform Moonfare has topped €2bn in assets under management as the asset class, historically reserved for the ultra-wealthy, has become more open to everyday investors, raising new opportunities and risks. Although Moonfare can only sell its services to “sophisticated […]
Inflexion leads SteriPack buyout
Inflexion has led the buyout of SteriPack Group Ltd (SteriPack), a global contract manufacturer serving the medical device, pharmaceutical and diagnostic markets. The investment is being made from Buyout Fund VI which closed on £2.5 billion in March 2022. The funding from Inflexion will support the business to continue to scale globally as it benefits […]
Barings and Partners Group provide financing to support Arcline’s CoreDux acquisition
Barings and Partners Group, acting on behalf of their respective clients, have acted as the lenders on secured credit facilities backing Arcline Investment Management’s investment in CoreDux, a specialised manufacturer of ultra-high purity flexible gas and fluid conveyance components and sub-systems. Arcline’s investment adds to the firm’s expertise backing innovative businesses in the flow control […]
Brookfield pours record US$12B into European deals
Brookfield Asset Management Inc. is heading into Europe’s swelling market storm with its checkbook open. As many of its rivals refrain from committing capital to the region amid an ever-growing list of risk factors, the US$725 billion Canadian investment giant is making plans to buy in sectors ranging from clean energy to technology, open new offices and […]
£15bn KKR-led Power Networks takeover ‘collapses over price increase’
The £15bn takeover of the UK’s biggest electricity distributor has collapsed, according to reports. A consortium led by private equity giant KKR and Australia Macquarie had struck a deal to buy UK Power Networks from Hong Kong’s CK Infrastructure Holdings (CKI). CKI originally purchasing the electricity network business in 2010 for around £5.5 billion. It […]
KKR leads investor group in $20bn bid for Deutsche Telekom arm
KKR & Co is backing a consortium leading the race to acquire a stake in Deutsche Telekom’s wireless tower portfolio, according to a report by Bloomberg. The report cites unnamed sources as revealing that KKR has teamed with Global Infrastructure Partners and Stonepeak to make an offer, which is reportedly being seen as more attractive […]
Bain Capital to complete €1.7B ITP Aero acquisition from Rolls-Royce
Bain Capital is set to complete its €1.7 billion acquisition of ITP Aero from Rolls-Royce within the next few weeks according to a report by Private Equity Insights. The deal for the Spanish engineering business, which produces the engines for the Eurofighter Typhoon fighter jet, was originally expected to complete last Thursday, but was held […]
Barings closes third vintage of European Private Loan strategy at €7B
Barings has completed fundraising for its European Private Loan Fund and associated vehicles, attracting total investable capital of €7 billion. The €7 billion raised exceeded Barings’ initial target. The European investment team has deployed €6 billion in the last 18 months across more than 80 transactions, resulting in the third vintage being over 50% invested. This successful […]
Clearlake Capital and Motive Partners complete acquisition of BETA+ from LSEG
Clearlake Capital Group and Motive Partners have closed the acquisition of the BETA+ assets including BETA Post-trade Processing, Maxit, and Digital Investor, from the London Stock Exchange Group (LSEG). Effective immediately, the company will operate as BetaNXT, reflecting its evolved strategic vision. Additionally, Clearlake and Motive Partners have formed a long-term strategic partnership with LSEG, through […]
