Blue Sage raises third Fund.

The investment in Duff & Phelps came from Permira Fund VI, which raised €7.5 billion ($8.3 billion) in 2016. GoldPoint Parners, the private equity affiliate of New York Life Investment Management LLC, has closed its fourth fund-of-funds, at $678 million. Vexcel Imaging is buying Verisk's (Nasdaq: BRSK) Geomni imagery surveying business. Almost 60 percent of managers plan to raise a fund in the coming year, the survey found. Read the full story by Bloomberg News: Tencent offers to take over game maker Funcom. An error has occurred, please try again later. Permira has sold advisory firm Duff & Phelps to Stone Point Capital and Further Global. For more information on the nomination process and what we seek in winning candidates, see Call for nominations: Submissions for the M&A Mid-Market Awards due Feb. 7. Stone Point Capital and Further Global are buying Duff & Phelps for that amount in a deal that will see Permira retain a “significant” stake. "The FWA partnership will bring even more opportunities for our female associates to collaborate, network, and expand their skillsets while also giving back to the community through mentoring,” says Stifel investment banking chief operating officer Carol DeNatale. Retail Tech M&A: 7 Technologies Driving Change, Nike, McDonald's, PayPal, add customization, IoT, Why Walmart and other retailers are buying artificial intelligence startups, Amazon leads race to build fulfillment centers, Voice recognition gives retailers more ways to communicate, Demand for convenience drives growth in mobile ordering, M&A wrap: IPO update, Paul Hastings, Peter Thiel, LinkedIn, Richard Branson, UnitedHealth, KKR, 1-800 Contacts, Compass Diversified, TH Lee, M&A wrap: Illumina, Grail, TikTok, Oracle, Walmart, Microsoft, Carlyle, TA, Sagewind, Blue Sage, M&A wrap: Carlyle, Victory Innovations, Richard Branson, Uber, Antares, Clearlake, GI, M&A wrap: Gilead, Immunomedics, Trodelvy, Nvidia, Softbank, Verizon, TH Lee, FP, HGGC, M&A wrap: Carlyle, Grand Rounds, J.C. Penney, Simon Property, Brookfield, Stone Point, Omnitracs, Leeds Equity, M&A wrap: GI, General Motors, Nikola, Silver Lake, Apax, Levine Leichtman, IOP, BofA, M&A wrap: AstraZeneca, Sanofi, J&J, GSK, Blackstone, Carlyle, TA, Centerbridge, AEI, Genstar, Alera, Race for Vaccines, Q&A: Rise in pandemic-driven dog and cat adoptions attracts Petmate and other M&A buyers, M&A wrap: Johnson & Johnson, Sanofi, KKR, Jim Momtazee, Patient Square, CD&R, Levine Leichtman, Red Lobster. Carlyle’s second financial services fund, again led by Sarkozy, reacquired Duff & Phelps in 2014.

NEW YORK – Duff & Phelps, the premier global valuation and corporate finance advisor, and Permira, the global private equity firm, today announced that a company backed by the Permira funds has agreed to acquire Duff & Phelps for $1.75 billion. Quantum computing: randomness as a service, The contagious risks and rewards of remote working, The end of ‘big weddings’ — and why I won’t be weeping, Diary of an MP’s Wife by Sasha Swire — a merciless memoir, These Are Not Gentle People by Andrew Harding — post-apartheid reality, Lock down your finances for the coming storms, Smart data to help spot risk and opportunity, Lex, our agenda-setting business commentary (Premium only), Due Diligence, an exclusive M&A newsletter (Premium only), For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news, MyFT – track the topics most important to you, FT Weekend – full access to the weekend content, Mobile & Tablet Apps – download to read on the go, Gift Article – share up to 10 articles a month with family, friends and colleagues, Integration with third party platforms and CRM systems, Usage based pricing and volume discounts for multiple users, Subscription management tools and usage reporting, Dedicated account and customer success teams.

UBS Investment Bank, Goldman Sachs (NYSE: GS), Evercore and Kirkland & Ellis are advising Duff & Phelps. DEAL TRENDSPrivate equity firms have big plans for 2020. Stone Point was part of the 2013 consortium. Arcaplanet: Retail chain expansion. Covid-19 is driving healthcare M&A, and investors are scrambling to keep up. Olivier Sarkozy, a well-known PE executive who is married to former actress turned fashion designer Mary-Kay Olsen, left Carlyle in December 2016 to launch his own buyout shop. “We are bigger, we have more scale, we have more diversity of services and more geography. Skadden, Arps, Slate, Meagher & Flom LLP is advising Permira. Call for nominations: Submissions for the M&A Mid-Market Awards due Feb. 7. We conducted interviews with 8 investment bankers and other M&A advisors. The target is an outsourced manufacturer of medical devices and medical implants. Microsoft makes its biggest video game acquisition ever. About 81 percent of investors said they will see firms with ethnic and gender diversity in their leadership teams.