Us Private Equity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

HighVista Strategies announced the signing of a definitive agreement to acquire the U.S. private markets business of abrdn Inc., abrdn plc’s US subsidiary, including the U.S. private equity and venture capital assets, and the investment and operational teams.

According to the new agency, KKR, which owns Serentica alongside billionaire Anil Agarwal's Twinstar Overseas Ltd, agreed in November to spend $400 million in the company.

A new wave of M&A activity is looming as US-based private equity firms look to profit from a weakening sterling.