Hints and tips:
...Actis is General Atlantic’s largest acquisition, pushing the New York-based investment group to nearly $100bn in total assets....
...Back in March General Atlantic, which manages $77bn in assets, said it was teaming up with an Abu Dhabi state fund and the emirate’s largest listed company to launch an investment group....
...Meanwhile, listed groups including TPG, Brookfield and KKR have in recent years struck ambitious acquisitions....
...Some smaller companies — not captured in the sample — also have reasons to look across the Atlantic. London-listed drugmaker Indivior is planning a secondary listing in New York....
...The UK packaging industry aside, most of this year’s M&A action is happening across the Atlantic, with the US pulling its weight....
...General Atlantic, a private equity group known for backing fast-growing technology companies such as Alibaba, Facebook and ByteDance, has filed confidentially to pursue an initial public offering, putting...
...Were it to decide to press ahead with a public offering, General Atlantic would be following in the footsteps of larger groups such as Blackstone, KKR and Apollo, all of whose stock has performed strongly...
...Office values are tumbling on both sides of the Atlantic because of rising interest rates, an increasingly bleak economic outlook and increased homeworking....
...Last month, General Atlantic agreed to roll most of its 52 per cent stake in software group EngageSmart into a $4bn buyout led by Vista Equity Partners, two years after General Atlantic listed it on the...
...The group has expanded its business recently after acquiring private credit firm Iron Park as well as a stake in a company that buys second-hand stakes in private equity funds....
...Last year private equity group Francisco Partners agreed to buy financial data provider Macrobond for almost €700mn, while in 2022 Permira gained control of Reorg in a deal that valued the distressed debt...
...Apple is also feeling the heat on the other side of the Atlantic....
...The Ireland-based gambling group said a primary US listing would offer “access to much deeper capital markets” as well as new investors across the Atlantic....
...KKR last month said it would buy the remaining stake in Global Atlantic, the life insurer it took control of two years ago....
...When Silver Lake alerted investors to their cash return, it said the sale of VMware was a “defining moment” for the $100bn in assets group....
...prompts other western groups to pull back....
...and quantitative traders from funds including Jane Street and the venture capital arm of Emerson Collective — the philanthropic organisation run by Laurene Powell Jobs that is the majority owner of The Atlantic...
...Betting group Flutter and packaging firm Smurfit Kappa have announced they will leave Dublin this year. Drinks group Diageo, which owns Guinness, cancelled its Irish listing in May....
...Many of the industry’s biggest names, including Blackstone, Apollo Global Management, Warburg Pincus and General Atlantic have taken out such loans in recent years, according to securities filings....
...Vontobel has named two internal candidates to jointly lead the group when current chief executive Zeno Staub steps down in April....
...The firm also owns assets including a minority stake in advisory firm Brunswick Group....
...General Atlantic senior adviser Annette Thomas has joined the board of Schroders as a non-executive director....
...Private equity firm General Atlantic is teaming up with an Abu Dhabi state fund and the emirate’s largest listed company to launch a new investment group, underlining the continuing pull the oil-rich Gulf...
...Last year, General Atlantic bought Tripp Smith’s credit firm Iron Park as it decided to push into debt-based investments....
...KKR in 2021 bought a majority stake in insurer Global Atlantic, adding $90bn to the group’s assets at the time....
International Edition