By Claire Milhench
The number of deals by sovereign investors, which include sovereign wealth funds and state pension funds, fell to 183 in 2017 from 198 in 2016.
This deal marks Carpediem Capital’s fifth investment from its maiden $30-million fund.
The sale is expected to help Baker generate funds to boost biotechnology and medical research
The fund, launched in May 2016, had mopped up only $60m after a year in May 2017
The sale, which followed the disposal of its interest in APIIT Education Group recently, marks Ekuinas’ eighth divestment.
The fund will be invested in distressed assets of companies in China, India, Indonesia, Philippines, Thailand & Vietnam.
A deal could value Trimco, which is controlled by Partners Group Holding AG, at more than $500 million.
The Quinn family agreed to sell 80-90% stake in Darrell Lea to Quadrant.
The arm, Actify Data Labs, will offer services in analytics, algorithms and artificial intelligence.
The Mumbai-based private equity firm is looking to raise $900 million for its latest, biggest yet, fund.