Apollo's £1bn bid for Countrywide is likely to succeed when it faces a shareholder vote on Friday. It is thought that the hedge fund Polygon, which holds a 25.5% stake in the listed-estate agency chain, will vote in favour of Apollo's 590p per share bid on the back of an offer of stub equity.
Laura Clayfield and Raj Mukherji have joined the London-based mid-market sponsor
Eurazeo and Unigestion among LPs in new fund for industrial tech businesses Raith and AEMtec
BlackRock mulls new vintage of private capital products for sophisticated retail investors in Europe
Global asset manager explores new generation of private market funds for wealthy individuals banking on positive uptake from retail investors
Despite macro woes, sponsor wants to build up on last year’s pace of investment and exceed GBP 400m mark in 2023