By Supantha Mukherjee
The platform, with a working title of “NewTV”, will be led by Meg Whitman, former chief executive officer of Hewlett-Packard.
The pension fund targets to adjust its private equity allocation to 8 per cent of its total budget.
The decision to sell its interest in Bengalla follows the completion of the sale of Wesfarmers’ Curragh coal mine in March.
This is Amcor’s biggest acquisition ever, adding $4.1 billion to its revenue — all of it from flexible packaging products that are typically made of plastic.
Lenders would make a so-called “credit bid” by using their senior secured notes in the Asia business rather than cash.
SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering.
BlaBlaCar, which has operations in 22 countries worldwide, including India, is already a market leader in Russia, having entered the country back in 2014.
The fund, which closed in April this year, saw investments from institutional investors across North America, Asia Pacific and Europe.
The new venture credit fund will be launched in August and is expected to reach the first close by November 2018.
AxiCorp said the move comes amid anticipation of further consolidation in the global CFD and FX industry due to upcoming regulatory changes.