Swetha Gopinath

2 days ago | chicagobusiness.com | Swetha Gopinath |Aaron Kirchfeld

Hellman & Friedman-backed Hub International Ltd. has raised $1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion. The round is being led by T. Rowe Price Investment Management Inc., Alpha Wave Global and Temasek, and includes participation from other new and existing investors, Hub said in a statement Monday. H&F, Hub’s majority owner, had been working with Morgan Stanley and Goldman Sachs Group Inc.

2 days ago | dig-in.com | Swetha Gopinath |Aaron Kirchfeld

(Bloomberg) --Hellman & Friedman-backed Hub International Ltd. has raised $1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion. The round is being led by T. Rowe Price Investment Management Inc., Alpha Wave Global and Temasek, and includes participation from other new and existing investors, Hub said in a statement Monday. H&F, Hub's majority owner, had been working with Morgan Stanley and Goldman Sachs Group Inc.

2 days ago | bloomberg.com | Swetha Gopinath |Aaron Kirchfeld

The skyline of Chicago, Illinois, US, on Tuesday, Aug. 13, 2024. Chicago is delaying its $643 million bond sale that was expected to price last week amid volatility in the $4 trillion market for state and local bonds. Photographer: Al Drago/Bloomberg(Bloomberg) -- Hellman & Friedman-backed Hub International Ltd. has raised $1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion. The round is being led by T.

1 week ago | bloomberg.com | Swetha Gopinath |Aaron Kirchfeld

(Bloomberg) -- Lone Star Funds is planning to return $3.5 billion to its investors in the coming weeks, according to people familiar with the matter, at a time when private equity firms face pressure to deliver cash. The US buyout firm generated about $1.8 billion in cash from the $4.35 billion sale of specialty chemicals firm AOC to Nippon Paint Holdings Co. in March, the people said, asking not to be identified discussing confidential information.

1 week ago | bloomberg.com | Aaron Kirchfeld |Eyk Henning |Swetha Gopinath |Laura Alviz

Der Plan des deutsch-französischen Rüstungskonzerns KNDS, größter Aktionär des Panzergetriebeherstellers Renk zu werden, ist dem Vernehmen nach aufgrund eines Streits über eine behördliche Genehmigung ins Stocken geraten. Der Rüstungskonzern hatte am 11. Februar bekannt gegeben, seine Option zum Kauf der gut 18,3 Millionen Renk-Aktien von Triton Partners ausgeübt und damit seinen Anteil von 6,7% auf 25% erhöht zu haben.