private equity firms News

Private Equity Firm JC Flowers Kept Stake in Japan’s Shinsei Bank Too Long: Opinion

Japan’s banking sector has become a dead zone for private equity. Yet even then, the latest attempt by J. Christopher Flowers to sell Shinsei Bank Ltd. seems like a zombie franchise that has run a few episodes too long. Flowers …

French Insurer April Attracts Interest From Private Equity Firms CVC, KKR

French insurer April SA has drawn takeover interest from private equity firms including CVC Capital Partners, KKR & Co. and BC Partners as it weighs a sale amid a wave of industry consolidation, according to people familiar with the matter. …

Everest Launches Cyber Protection for Private Equity Firms, Portfolio Companies

Everest Insurance has collaborated with cybersecurity firm, Soteria, LLC, and its group of former U.S. government cyber security experts, in conjunction with the launch of its new Elevation Private Equity Insurance Policy. The policy will provide assistance to policyholders in …

Canada Pension Plan Board to Buy Wilton Re for $1.8 Billion

The Canada Pension Plan Investment Board (CPPIB) announced that it has agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity firms, the first foray by the global …