Latest News
Jeff Zucker, the former boss of CNN, is in advanced talks to join RedBird Capital Partners, a private equity firm with a focus on professional sports investments, according to media reports.
Zucker, who prior to CNN headed up WarnerMedia’s Turner Sports division and also led NBC’s Olympic Games coverage, is being lined up to lead a new $1 billion sports investment fund at RedBird.
The firm already has a diverse portfolio of professional sports investments having recently acquired Italy’s AC Milan football club. RedBird is also the third largest shareholder in John W Henry’s Fenway Sports Group, the parent company
An affiliate of HIG Capital has completed the acquisition of the distribution segment of Avient Corporation which will now operate as an independent entity and be renamed Formerra.
Private equity major Apollo Global Management has chosen Anchorage Digital to provide custody services for its digital assets holdings.
As the USA’s first federally chartered digital asset bank, Anchorage expects to custody a significant portion of the alternative asset manager’s digital asset portfolio.
A segment from Apollo’s Adam Eling, the firm’s COO of digital assets said that the it was drawn to working with Anchorage by the company’s “commitment to operating under strict regulatory oversight, their strong emphasis on security and segregation of client assets, and their ease of use for asset managers to hold digital tokens”
Anchorage Digital is
JP Morgan Asset Management has launched a new life sciences private equity team, Life Sciences Private Capital, which will invest in both early and growth stage healthcare companies across multiple strategies aligned to specific market opportunities.
The team, led by new hire Dr Stephen Squinto as chief investment officer and managing partner of Life Sciences Private Capital, will focus on novel therapeutics and technologies in several target areas including Genetic Medicine, Oncology, Neurodegenerative Disease, Rare Diseases, Autoimmunity, AI/ML platforms, Metabolic Diseases and Neuropsychology.
Squinto joins from OrbiMed Advisors and brings more than 30 years of experience in the biotechnology
Novata, an ESG data management platform built for the private markets, is to provide ESG measurement and analysis support services for some of Ares Management’s direct lending strategies.
Energy technology investor, EV Private Equity, has promoted Karem Kobayashi to partner and head of responsible investment at its HQ in Stavanger. Kobayashi previously held the role of director of responsible investment.
Private equity funds managed by Blackstone are to acquire Emerson’s Climate Technologies in a transaction valuing the business at $14.0 billion.
A shareholder group led by private equity firm Nordic Capital has agreed to sell The Binding Site Group (Binding Site), a specialty diagnostics company headquartered in Birmingham, UK, to Thermo Fisher Scientific for £2.25 billion.
Nordic Capital has been the majority owner of The Binding Site since 2011 when it completed the acquisition together with Five Arrows. Since then, the business has grown fivefold with revenues amounting to approximately £200 million in 2022.
The transaction, which is expected to be completed in the first half of 2023, is subject to customary closing conditions, including regulatory approvals.
The Binding Site provides
Wafra Inc has raised $1.5 billion for its fourth flagship fund which will look to acquire minority stakes in alternative asset managers, including private equity firms, according to a report by Reuters.
The Pennsylvania Public School Employees’ Retirement System has made an additional $145 million in commitments to two Incline Equity Partners’ private equity vehicles, according to a report by Private Equity International.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
