By Nguyen Thi Bich Ngoc
An uncertain macro-economic environment, rising interest rates, and growing chasm between large and smaller funds pose significant hurdles to dealmaking.
MIRA acquired its initial stake in Brussels Airport as part of the airport’s privatisation in 2004.
Lyft’s IPO will mark the first time a ride-hailing company has debuted on the US public markets.
The PE firm will reportedly pay around $1 billion for Ayumi, including debt.
IMG Worlds of Adventure, which cost about $1 billion to build, opened in 2016 and stretches across 1.5 million square feet.
If SoftBank fronts three-quarters of the planned $1 billion, it’ll be paying $750 million but helping more than double the value of its total Uber investment.
The timing for Uber’s IPO means it will most likely hit public markets soon after Lyft completes its own public offering, which is expected to happen by the end of March.
TPG is allowing investors in its second social impact fund to withdraw their commitments. The vehicle is still aiming to close this year with $3 billion.
Fixel led the $13 billion PE unit through deals that made billions of dollars in profit for the New York-based firm. He may start his own investment firm.
China Life is an existing LP in the fund’s predecssor, Strategic Partners Fund VII, to which it had committed $10 million.