Ant Financial, Alibaba Group's financial services affiliate, has raised $14bn in series-C funding from investors including GIC Private, Warburg Pincus, The Carlyle Group, Silver Lake, and Canada Pension Plan Investment Board (CPPIB).
GP plans on developing the company by drawing on its experience to reach new customers
IK Investment Partners began registering vehicles for the fund in April earlier this year
Rede's seventh hire this year, most recently following the appointments of Joseph and Camacho
Public pension fund has also increased its allocation to private equity to 12.5%