Edition:
United Kingdom

Chibuike Oguh

Advent raises $2 billion debut technology private equity fund

18 Sep 2019

U.S. private equity firm Advent International said on Wednesday it has completed fundraising for its first technology fund after six months, with total investor commitments reaching its cap of $2 billion.

CORRECTED-Advent raises $2 billion debut technology private equity fund

18 Sep 2019

Sept 18 U.S. private equity firm Advent International said on Wednesday it has completed fundraising for its first technology fund after six months, with total investor commitments reaching its cap of $2 billion. The buyout firm said the fund, Advent Global Technology, will invest in companies in the software and data sectors, primarily in North America and Europe. Reuters reported on Advent's being close to completing the fundraising in July.

Blackstone raises $20.5 billion for largest ever real estate fund

12 Sep 2019

U.S. private equity firm Blackstone Group Inc said on Wednesday it has raised the largest ever real estate fund, amassing $20.5 billion to be invested in property assets around the world.

Blackstone raises $20.5 billion for largest ever real estate fund

12 Sep 2019

Sept 11 U.S. private equity firm Blackstone Group Inc said on Wednesday it has raised the largest ever real estate fund, amassing $20.5 billion to be invested in property assets around the world.

Exclusive: KKR explores $5 billion sale of Epicor Software - sources

22 Aug 2019

Buyout firm KKR & Co Inc is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion (4.08 billion pounds), including debt, people familiar with the matter said on Thursday.

Advent International nears $2 billion fundraising goal for tech fund - sources

01 Aug 2019

Advent International, a U.S. private equity firm with $36 billion in assets under management, is set to raise $2 billion for its new technology-focused fund, people familiar with the matter said on Wednesday.

Carlyle to give shareholders a vote in switch to corporation

31 Jul 2019

Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first U.S. private equity firm to hold shareholder votes.

Carlyle to give shareholders a vote in switch to corporation

31 Jul 2019

July 31 Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first U.S. private equity firm to hold shareholder votes.

KKR's distributable earnings beat estimates despite steep decline

25 Jul 2019

Private equity firm KKR & Co Inc reported a smaller than expected 19% drop in second-quarter distributable earnings on Thursday, as a surge in transaction and management fee revenue helped offset some of the decline in performance fee income.

Blackstone reports better-than-expected second quarter distributable earnings

18 Jul 2019

Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year, more than most analysts expected.

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