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French private equity firm Ardian raises $30bn for secondary investments platform

Private Equity Insights

Ardian, a leading global private equity firm, raised $30bn for its latest secondary investments platform. This fundraising milestone is one of the largest in the private equity secondary market. It highlights the growing demand for liquidity solutions among institutional investors.

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GFL to cut $5.59bn deal with private equity firms Apollo and BC Partners

Private Equity Insights

The business will be sold to private equity firms Apollo and BC Partners. GFL will retain a $1.18bn equity stake in the business, which contributed approximately 23% of its total revenue in the third quarter. Equally, Apollo and BC Partners will each hold a 28% share. Source: Reuters Can’t stop reading?

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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. Specifically, the 40-year-old Japanese menswear label Kapital was acquired by LVMH-backed private equity firm L Catterton. Source: Business of Fashion Can’t stop reading?

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OpenAI appoints Adebayo Ogunlesi to board, highlighting AI infrastructure focus

Private Equity Insights

GIP, a private equity firm managing over $100bn in assets, owns stakes in Gatwick Airport and offshore wind projects. Read more IFM Investors acquires 49% stake in Splend to drive rideshare growth IFM Investors has acquired a 49% stake in Splend, a $200m startup providing vehicle financing.

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Private equity circles MLB as seismic shifts set the stage for high-stakes investment play

Private Equity Insights

MLB, which opened its doors to private equity in 2019, has become a focus for investors seeking resilient assets in the sports sector. As of now, 18 of the leagues 30 teams have ties to private equity, with 10 receiving direct investment. Arctos Partners, another active player, holds stakes in five franchises.

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Top private equity news of the week

Private Equity Insights

Read more: [link] Former Gucci CEO Marco Bizzarri is reportedly pursuing an acquisition of Versace through his investment firm, Nessifashion. The $6bn sale of the iconic Italian brand, owned by Capri Holdings, has attracted high-profile bidders, including Prada Group, Investcorp, and private equity firm Permira.

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New York Giants consider selling 10% stake, attracting private equity interest

Private Equity Insights

The potential sale could mark a historic milestone in NFL ownership, particularly as private equity firms continue their push into professional sports investments. The Philadelphia Eagles recently set a benchmark by selling an 8% stake at an $8.1bn$8.3bn valuation.

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