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Bain Capital has agreed a buyout of Australia-based Perpetual's wealth management business, with the initial deal giving it a valuation of A$500m.
The post Deal Roundup: Bain Capital carves out Perpetual wealth management arm, Charlesbank buys into Overbay Capital appeared first on AltAssets Private Equity News.
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Mid-market private equity house JF Lehman & Company is reportedly back in the fundraising market with eyes on $2.75bn for its new flagship investment vehicle.
The post JF Lehman targets $3.25bn across new flagship fund, sophomore credit vehicle appeared first on AltAssets Private Equity News.
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The company reportedly plans mass layoffs as it sees productivity benefits from AI and faces investor pressure to offset its heavy spending.
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Intrigue, Power Plays and Rivalries: Inside the Rise of Mojtaba Khamenei The New York TimesU.S. intelligence shows Iran's late supreme leader was wary of his son taking power, sources say CBS NewsIran war updates: Trump says he's hearing supreme leader is 'not alive'; Israel launches new wave of strikes YahooHegseth claims Iran's supr
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Afghan father, former U.S. military ally, dies in ICE custody in North Texas CBS NewsAfghan asylum-seeker dies after less than 24 hours in ICE custody NBC NewsAfghan wartime ally, father of 6 dies in Dallas ICE custody one day after arrest FOX 4 News Dallas-Fort WorthAfghan man who served alongside US forces dies after less than a day in ICE custody, family and advocates say CNN
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