The country’s busiest private equity firm is about to get a whole lot busier.
Tonight, we unveil which local buyout fund is on the cusp of sealing a fundraising to the tune of $1.24 billion for its 10th fund – its biggest ever.
The funding round is expected to close in the coming days and money has been flying in from Aussie and offshore super and pension funds, and large family offices.
Elsewhere, we revealed during Thursday’s trading day that Swedish group Essity was hunting its ASX-listed affiliate Asaleo Care and we’re back this evening with some more details on its bid.
And finally, Asian PE outfit CDH Investments is readying its regional vitamins business GO Healthy for sale, and we’ve got the jump on who is in the hot seat to buy frozen baked goods and desserts brand Sara Lee.
Happy reading,
Sarah Thompson, Anthony Macdonald and Tim Boyd Street Talk Editors
