(Bloomberg) EQT AB agreed to sell data management company Rimes Technologies to Five Arrows, the alternative assets arm of Rothschild & Co.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBlackstone Nears Buyout of Skin-Care Company L’OccitaneUkraine Says It’s Behind Blaze on Russian Warship in Baltic SeaWhy India’s South Rejects Modi — And Why It MattersEQT and its co-shareholders sold the business to Five Arrows Long Term Fund
(Bloomberg) EQT AB has raised €22 billion ($24 billion) for its largest-ever private equity fund, overcoming a difficult fundraising market.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87Stock Rally Stalls at Start of Data-Packed Week: Markets WrapThe Swedish investment firm excee
Blackstone Inc.’s credit unit is lending funds to support Permira Holdings’ takeover of biopharmaceutical services firm Ergomed Plc, the latest sign that private lending firms are taking buyout business from banks.