The New York-headquartered global investment firm is more than halfway to a $20 billion money-raising goal for its North American buyout fund, a sign of momentum during a difficult environment for the asset class.
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PHOTO: KKR
KKR nears $14B for buyout fund
in show of momentum
The New York-headquartered global investment firm is more than halfway to a $20 billion money-raising goal for its North American buyout fund, a sign of momentum during a difficult environment for the asset class. Read here
Island valued at $4.5B
in funding led by Coatue
The cybersecurity and enterprise software startup has secured funding at a $4.5 billion valuation in an investment round led by the New York-headquartered technology-focused investment firm.Read here
PHOTO: COATUE
Founders Fund about to close another $3B fund
The California-based venture capital firm founded by Peter Thiel is on track to conclude fundraising of its third growth fund intended primarily for additional investments in its late-stage portfolio companies.Read here
PHOTO: FOUNDERS FUND
NEWS WORTH NOTING
Microsoft loses $22B
VR headset program
The United States Army plans to grant upstart weapons maker Anduril control of one of its highest-profile and long-troubled projects known as the Integrated Visual Augmentation System.Read here
The copper and rare metals specialist is planning to list on the Tokyo Stock Exchange’s prime section after a share sale that may raise up to $3 billion for its owner. Read here
United Group sells Serbia Broadband in $1.6B deal
The Balkan telecoms and media company has agreed to offload its broadband provider to e& PPF Telecoms Group and other assets to Telekom Srbija. Read here
$1.2B Barloworld offer
gets Glass Lewis, ISS nod
Proxy advisory companies are backing the takeover offer for the Caterpillar equipment distribution business in Africa by a unit of Saudi Arabia’s Zahid Group and local partners. Read here
PE dealmaking in India set to grow amid IPO slowdown
The subcontinent’s private equity and venture capital sectors are positioning themselves for a surge in activity as subdued stock market conditions push businesses away from IPOs.Read here