Colony Capital To Buy Some Of Abraaj's Key Funds | Cpi Financial News | Banking And Financial News,islamic Business And Finance, Commercial Banking
Staff in eight offices will be transferred as part of the agreement. : Colony Capital Inc. agreed to buy some of Abraaj's key funds and oversee others as the Dubai-based private equity firm attempts a court-supervised restructuring amid allegations of misused funds. The US asset manager reached an initial agreement to acquire Abraaj's Latin America, sub-Saharan Africa, North Africa and Turkey funds management business, as well as its limited partnership interests in the underlying funds, Abraaj said in an emailed statement without mentioning the value of the deal. Staff in eight offices will be transferred as part of the agreement.
Colony Capital To Buy Some Of Abraaj's Key Funds | Cpi Financial News | Banking And Financial News,islamic Business And Finance, Commercial Banking
Staff in eight offices will be transferred as part of the agreement. : Colony Capital Inc. agreed to buy some of Abraaj's key funds and oversee others as the Dubai-based private equity firm attempts a court-supervised restructuring amid allegations of misused funds. The US asset manager reached an initial agreement to acquire Abraaj's Latin America, sub-Saharan Africa, North Africa and Turkey funds management business, as well as its limited partnership interests in the underlying funds, Abraaj said in an emailed statement without mentioning the value of the deal. Staff in eight offices will be transferred as part of the agreement.
Herff Jones Owner Varsity Brands Sold To Bain Capital | 2018-06
Bain Capital has agreed to buy Varsity Brands, the owner of BSN Sports and Indianapolis-based Herff Jones, in a deal estimated at $2.5 billion.
Gamestop May Be In Talks With Buyout Firms, Including Sycamore Partners | Business
GameStop's board, which is in the process of searching for a new CEO, may also be talking with private equity firms interested in a buyout of the video game retailer. Discussions underway include private equity firm Sycamore Partners, according to...
Vintage Capital To Buy Rent-a-center In A Deal Valued At $1.37b | Reuters
June 18 (Reuters) - Rent-A-Center Inc said on Monday it would be taken private by buyout firm Vintage Capital Management in a deal that values the rent-to-own furniture retailer at $1.37 billion, including net debt.
California Cryobank And Cord Blood Registry To Be Combined By Gi Partners To Create A Leading Life
LOS ANGELES, June 15, 2018 /PRNewswire/ -- California Cryobank, the world's leading donor sperm and donor egg bank, announced today that it has signed a definitive agreement for GI Partners, a private equity investment firm, to acquire the company from leading healthcare investors...
Kkr Nears Agreement To Acquire Envision For About $5.5 Billion: Source
June 10 (Reuters) - Private equity firm KKR & Co is nearing an agreement to acquire U.S. physician services provider Envision Healthcare Corp for $46 a share, or about $5.5 billion, a person familiar with the deal told Reuters on Sunday.
Jessica Alba's Honest Co Gets $200m Investment From L Catterton
The investment is for a minority stake in the business. : Honest Co., the baby goods and personal-care retailer co-founded by actress Jessica Alba, is getting a $200 million investment from private equity firm L Catterton. The investment, which is for a minority stake in the business, will help Honest Co. bolster its supply chain and global reach, according to a statement Wednesday. The size of the stake wasn't disclosed. Honest Co. is a natural fit for consumer-focused L Catterton, which oversees about $14 billion of assets.
Toys "r" Us Could Have Been Saved, But Lenders Said No.
We now have even more reason to blame senior secured lenders to Toys "R" Us for the retailer's epic shutdown, with Bloomberg reporting that buyout firm Sycamore Partners held advanced talks to buy the company and keep half of its U.S. stores in business: Bottom line: This still doesn't excuse the many mistakes made by private equity firms Bain Capital and KKR . But thousands of jobs could have been saved if not for "B4 lender" intransigence. It's something we've discussed before, and it's only reinforced by the Sycamore revelation.
Bluecrest And Virtu Join Eris As Equity Partners - Eris Continues To Build Market Participation Ahead Of Q4 Migration To Cme Group
Eris Exchange (Eris), a US-based futures exchange group offering swap futures as the leading exchange-based alternative to over-the-counter swaps, announced today that BlueCrest Capital Management and Virtu Financial have joined Eris as equity partners. As part of the partnerships, both BlueCrest and Virtu have commenced trading Eris Swap Futures. BlueCrest is trading Eris to manage and express interest rate risk, and Virtu has started streaming two-sided electronic markets. Additionally, Doug Cifu, Virtu CEO has joined the Eris Board of Directors.