Former KKR Executive Alexander Navab Aims to Raise $3 Billion for New Buyout Firm

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Former KKR exec Alexander Navab is launching a new buyout firm, which is targeting $3 billion for its first fund

Alexander Navab, a former senior executive at private-equity firm KKR & Co., is launching a buyout firm that will focus on midsize-to-large transactions, seeking to take advantage of an area of the market where he sees less competition.

Mr. Navab, who served until 2017 as the head of KKR’s private-equity business in the Americas, has assembled a group of veteran investors from firms such as Baupost Group LLC, Carlyle Group LP and Warburg Pincus LLC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

be the part of the wall street jounal

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Campbell nears deal to sell Bolthouse Farms to former executive, ending its fresh food attemptCampbell paid $1.55 billion for Bolthouse Farms in 2012, when the brand had more than $100 million in earnings before interest, taxes, depreciation and amortization. It is now losing money. The carrot juice is delicious. BolthouseFarms is over priced for what it is ...
Source: CNBC - 🏆 12. / 72 Read more »

Publicis is buying data firm Epsilon for $4.4 billion to push further into digital marketingFrench advertising giant Publicis will pay $4.4 billion to acquire Alliance Data's Epsilon marketing unit, expanding its digital business and North American footprint.
Source: BusinessInsider - 🏆 729. / 51 Read more »