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Hong Kong fund to sell Japan, South Korea Burger King business in deal over $1bln – source

By Kane Wu Hong Kong (Reuters) – Private equity firm Affinity Equity Partners is this week launching the sale of its Burger King fast-food businesses in South Korea and Japan, in a deal that could fetch more than $1 billion, a person with knowledge of the matter told Reuters. Hong Kong-based Affinity has appointed Goldman…

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Exclusive: Jefferies gives up on buyout fund manager investing business – sources

By Chibuike Oguh (Reuters) – Jefferies Financial Group Inc is abandoning an effort to raise a $1 billion fund to buy stakes in private equity fund managers, giving up on a niche and lucrative corner of asset management, people familiar…

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