FORWARD FEATURES CALENDAR

Deals

Stirling Square exits Verescence to Movendo, Draycott

Stirling Square Capital Partners has completed the sale of Verescence, a leading French manufacturer of glass packaging for the perfumery and cosmetics industry, to Movendo Capital and asset manager Draycott.

Blackstone acquires $5bn PE portfolio from NYC pension

Blackstone’s Strategic Partners has acquired approximately $5bn in private equity stakes from the New York City Retirement Systems, marking one of the largest secondary transactions ever executed by a US public pension, according to a report by Bloomberg.

Cerberus eyes China-backed Australian port

Cerberus Capital Management is understood to be exploring a potential acquisition of the 99-year lease for Australia’s Port of Darwin, a critical strategic infrastructure asset currently controlled by China’s Landbridge Group, despite the Chinese company reiterating it has no intention to divest, according to a report by Bloomberg.

Charterhouse exits Casa Optima to Terlos

Charterhouse Capital Partners has agreed to sell Casa Optima, a leading manufacturer of gelato and pastry ingredients, to a consortium of investors led by consumer-focused private equity firm Terlos, according to a report by Bloomberg.

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