The private equity division of pension major Ontario Municipal Employees Retirement System and the Alberta Investment Management Corporation have agreed to sell their majority stake in Environmental Resources Management to KKR after a six-year hold. The deal values the sustainability consultancy firm at $2.7bn, according to people familiar with the matter.
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Global private equity giant KKR has led a $90m growth funding round for cybersecurity attack testing business NetSPI.
Ten Eleven Ventures also took part in the round, which NetSPI said would be used to expand its cybersecurity and client experience teams, invest in product innovation and deep operations across US and international markets.
KKR principal Ben Pederson said, “NetSPI has built a differentiated suite of tech-enabled services that are not only enhancing cybersecurity for complex global enterprises across a wide range of industries but are simultaneously disrupting the traditional penetration testing market in order for these enterprises to security test at scale.”
Varun Chakravarthy, Sandeep Warrier and Amit Mishra (BCCI/IPL Photo)
MUMBAI: From Varun Chakravarthy to Sandeep Warrier to Amit Mishra, the dreaded Covid-19 virus slithered from one camp into another as BCCI’s protocols on social distancing saw small but negligent breaches last week.
With the GPS tracking device (FOB) being labelled ‘faulty’ by the franchises, the teams and the board worked on manual contact tracing to understand how Covid breached the bio-bubble.
Chakravarthy was taken to the hospital last week. While official reports say it was for a shoulder scan, those in the know say the bowler had abdomen inflammation, following which he returned to the team hotel in Ahmedabad and sat for a meal with Warrier. This was on May 1.