Blackstone Invests $600m in Power Grid Components Provider

Blackstone Invests $600m in Power Grid Components Provider

Blackstone’s third private equity energy fund has invested $600m to acquire electric grid component provider Power Grid Components, as it further tilts its portfolio towards energy transition investments, according to a news releases and sources close to the...
Velocity Capital Management Acquires Parella Motorsports Holdings

Velocity Capital Management Acquires Parella Motorsports Holdings

Velocity Capital Management (“Velocity”), a private equity firm specializing in value-add investing in high growth companies across the sports, media, and entertainment ecosystem, today announced that its Velocity Opportunity Fund has acquired Parella Motorsports...