Amanda Janis
Carlyle is set to become the latest private equity firm with shares of an affiliate, Guernsey-based investment company listed on Amsterdam’s Euronext exchange. It has already raised $600 million for the vehicle, and expects the public offering to raise an additional $400 million.
US alternative asset manager Oaktree Capital is to list 13 percent of itself on a private market being developed by investment bank Goldman Sachs.
Fortress has completed a $2.84 billion closing on its latest fund with a $5 billion target. The publicly traded alternative investment firm simultaneously announced a $3.5 billion deal.
Buffalo, New York-based Summer Street has closed its second fund on $187 million, exceeding its target by $37 million.
US middle market buyout shop Olympus has closed its fifth fund on $1.5 billion.
KKR’s Euronext-traded affiliate has invested $167.4 million in convertible preferred stock of Japanese credit card firm Orient. It is the publicly traded vehicle’s second PIPE.
Battery Ventures has hired away two tech industry professionals, VeriSign’s Matt Niehaus and Google’s Satya Patel.
Investment bank Challenger Capital Group has merged with Foxbridge Partners, a middle market private equity firm established last year.
According to the PEI 50, a new league table from Private Equity International magazine, as many of the largest 50 firms in the world are based in London as in New York.
Energy-focused Natural Gas Partners is set to acquire the power production and development businesses of MDU Resources Group for $636 million.