Private Equity: Firms Trapped in China After $1.5 Trillion Spree

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Headlines

Allfunds Group started gauging takeover interest as the fund distribution platform considers a sale. The company is in the early stages of approaching buyout firms including Cinven, CVC Capital Partners and Permira. KKR and Warburg Pincus are also among potential suitors.

Pension giant AustralianSuper turned down a new approach to join a takeover of utility Origin Energy Ltd., an effort led by Brookfield Asset Management and EIG Global Energy Partners.

Power Corp. of Canada, the holding company of Canada’s billionaire Desmarais family, increased ...