Doughty Hanson has agreed to sell its 70% stake in Balta Group, a Belgium-based carpet and rug manufacturer, to Lone Star Funds after more than 10 years as majority shareholder.
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Soprome and BTC Capital also back the takeover of the security services company
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