Milestone Capital Advisors has exited its stake in warehouse complex Acorn Warehouse & Logistics Parks for $24 million, generating a 1.5x return.
Acorn is a 1.1 million-square-foot commercial asset that counts Tesco, Flipkart, Damco and Uniworldm among its tenants. The GP bought a stake in Acorn in 2008 through IL&FS Milestone Fund I, a rental yield...
Monolith Management, an investment firm established by Xi Cao, formerly a partner at Sequoia Capital China, has set the hard cap at USD 250m for its debut China venture capital fund.
Adamantem Capital has acquired a majority stake in Retail Zoo, operator of Australia-headquartered food retail brands Boost Juice and Betty’s Burgers, from Bain Capital for an undisclosed sum.
The Carlyle Group has appointed Harvey M. Schwartz, formerly president and co-COO of Goldman Sachs, as its new CEO.
Crown Resorts represented a daunting target, given its size and pandemic and regulatory-related challenges. The Blackstone Group drew on its global know-how to make the USD 8.1bn deal work