Tuesday, 22 July 2014
Last updated 8 hours ago
Feb 25 2014 | 11:34am ET
Private-equity firm CVC Capital Partners has garnered US$3 billion for its latest fund, which will focus on Asia.
The London-based firm expects to finish fundraising for the vehicle, its fourth Asian fund, in the first half of this year, The Wall Street Journal reports. CVC expects to net a total of US$3.5 billion for the fund.
The firm began raising the new fund last year, five years after attracting US$4.1 billion for its last Asia fund. Fundraising efforts do not appear to have been hampered by CVC's high-profile loss of US$1.4 billion on Australian media company Nine Entertainment last year, leading it to quit Australia and India to focus on Southeast Asia and greater China.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…