Carmela Mendoza
CVC Capital Partners has kicked off plans to list on Euronext Amsterdam. It is expecting to raise a minimum of €1.25bn via the IPO.
Former co-CEO William Conway will serve as interim chief; newly formed office of the CEO will help find a permanent successor.
The firm plans to expand retail offerings across all its asset classes, as it creates real assets unit to recognise fourfold AUM rise since 2019.
Andrew Claerhout joins the $650bn sovereign wealth fund after it raised its allocation to PE up to 10%, per its latest annual report.
Recent SEC proposals on cybersecurity will mean private equity firms must improve how they address cyber-threats.
The firm has raised a total of $116bn over the past 12 months, as it prepares to re-open fundraising for its open-ended infra vehicle.
Carlyle, BlackRock and Blackstone are among several firms that have condemned the violent riots that took place at the Capitol earlier this week.
The firm's Global Transition Fund will invest in assets that will move the economy towards net-zero, including renewables, industrial businesses and infrastructure, chief executive Bruce Flatt said on the firm's Q3 2020 results call.
Antoine Dréan, founder and chairman of Triago, predicts that a consequence of the collapse in asset values will be the wipeout of profit sharing for many managers.
The private equity firm is one of several to have launched programmes to help employees get through the crisis.