A consortium including FountainVest Partners and Chinese sportswear retailer Anta Sports has won board support for a EUR4.6 ($5.23 billion) tender offer for Finland-listed Amer Sports, which owns brands such as Salomon, Atomic, and Louisville Slugger.
The other consortium members are Chip Wilson, a Canadian businessman who has founded retail apparel companies including Lululemon Athletica, and Tencent Holdings. The latter is an LP in FountainVest’s...
Michael Granoff, founder and CEO of Pomona Capital, discusses raising capital from Asian LPs, how GPs can be differentiated in a crowded secondaries market, and why he’s not keen on fund restructurings
Japanese mid-market buyout firm Tokio Marine Capital is spinning out from its corporate parent to form an independent investment manager known as T Capital Partners.
Centurium Capital, CITIC Capital and Hillhouse Capital are part of an investor group targeting a $4.6 billion take-private of China Biologic – just over a year after committing new equity to the US-listed company to protect it from other would-be acquirers.
Groww, an Indian financial technology provider focused on mutual fund investment services, has raised a $21.4 million Series B round led by US-based Ribbit Capital.