Deals
A consortium led by Chinese private equity firm Hony Capital, alongside Hong Kong real estate heavyweights, is in the market to raise a HKD2.3bn (circa $294m) loan to support the development of the Plover Cove Golf Club in Hong Kong, according to a report by Bloomberg citing sources familiar with the matter.
KKR & Co is seeking to cut approximately £8bn ($10.7bn) of Thames Water’s debt burden as part of a broader plan to stabilise the financially distressed UK utility, according to a report by Bloomberg citing sources familiar with the matter.
General Atlantic has taken a minority shareholder role in Wireless Logic, an independent global Internet of Things (IoT) solutions provider, through investment from the firm’s BeyondNetZero climate growth equity fund.
Armen, a European pioneer in GP stakes, has acquired a minority stake in Vendis Capital, a European consumer-focused buyout firm, marking the fifth investment of Armen GP Stakes Fund I and the first transaction in the buyout space.
Software-focused private equity major Thoma Bravo is closing in on a deal to acquire Itel, a GTCR-backed insurance technology provider specialising in property and casualty claims, in a transaction that could value the company at approximately $1.3bn including debt, according to a report by Bloomberg.
South Korean prosecutors have issued an exit ban on MBK Partners founder and chair Michael ByungJu Kim as they investigate a 2023 short-term bond placement by portfolio company Homeplus, according to a report by Reuters citing the Yonhap News Agency.
Carlyle Group is bolstering its Tokyo bench, lining up 10 additional investment professionals as deployment begins for the firm’s fifth Japan buyout fund, a JPY430bn (circa $3bn) vehicle that closed late last year, according to a report by Bloomberg.
Strathcona Resources, which is controlled by private equity firm Waterous Energy Fund, has tabled a CAD5.93bn ($4.25bn) cash-and-scrip offer for MEG Energy, targeting a merger of two of Canada’s largest pure-play thermal-oil-sands operators, according to a report by Reuters.
London-listed Primary Health Properties (PHP) has lobbied a sweetened offer for FTSE 250 healthcare REIT Assura, valuing the target at circa £1.68bn and eclipsing the agreed KKR/Stonepeak all-cash proposal, according to a report by Bloomberg.
XCL Education, a portfolio company of global private equity firm TPG, has raised $400m in a private credit facility to refinance existing debt led by Apollo Global Management, with additional participation from Partners Group, according to a report by Bloomberg.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
