A GIC Star Private Equity Investor Is Leaving to Start New Fund

The GIC Pte executive who made savvy bets on private companies that went on to have record-breaking listings in Indonesia and the Philippines is leaving the Singapore sovereign wealth fund to start his own firm, according to people familiar with the matter. Amit Kunal, managing director of private equity in Southeast Asia, plans to start […]

Spark Infra to open books to KKR consortium after sweetened $3.8 bln bid Reuters

Spark Infrastructure (SKI.AX) on Wednesday agreed to open its books to a consortium that includes private equity giant KKR & Co Inc (KKR.N) after the group tabled a third buyout offer, valuing the Australian electricity infrastructure investor at A$5.13 billion ($3.78 billion). The offer, the latest in a flurry of buyout bids in Australia this year, comes nearly two […]

Private equity firms acquiring top CMOs at a rapid rate: GlobalData

Acquisitions of pharmaceutical contract manufacturing organisations (CMOs) are increasing, and the most common type of acquirer is private equity (PE) firms, which view the industry as a prudent choice for a return on investment, according to GlobalData. The company’s report, ‘M&A in the Contract Manufacturing Industry: Implications and Outlook – 2021 Edition,’ highlights that between […]

McGuireWoods wants to diversify private equity

If you fill a room with private equity professionals, chances are that you won’t find many faces of women and people of color. A pair of partners at McGuireWoods hope a new initiative they launched in January can help change that. Securities department chair Greg Kilpatrick and tax and employee benefits department chair Gerald Thomas […]