Layan Odeh

French buyout firm Ardian SAS is close to a deal to acquire more than $1 billion of private equity fund stakes from British Columbia Investment Management Corp. , according to people familiar with the matter.

(Bloomberg) -- Abu Dhabi Investment Authority hired Brookfield Asset Management's Julian Thomas as a senior member of its private equity business, according to people familiar with the matter.

(Bloomberg) -- Blackstone Inc.'s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp.

Brookfield Asset Management reported a decline in first-quarter profits but notched growth in its fee-related earnings.

(Bloomberg) — Brookfield Asset Management reported its first quarterly decline in profit since it spun out of its parent company amid a drop in fees from some permanent capital vehicles.

Brookfield Corp. posted a 5% increase in distributable earnings, beating analysts’ estimates, as higher profits in its insurance business helped offset a soft patch for Brookfield Asset Management.

Onex Corp. has gathered $735 million for a new short-term buyout fund, the latest move by the Canadian private equity firm to restart growth under a new chief executive officer.

Firm selected bid that valued portfolio at 60 cents on dollar The transaction for the credit portfolio has yet to close