Castlelake, The $22bn PE Firm, Explores Sale Options

Castlelake, The $22bn PE Firm, Explores Sale Options

Castlelake LP, which has about $22bn in assets under management, is exploring options including a sale, according to people with knowledge of the matter. The firm, founded in 2005 by co-Chief Executive Officers Rory O’Neill and Evan Carruthers, is mulling selling a...
L Catterton Leads $870m Pre-IPO Funding Round for Lotus Tech

L Catterton Leads $870m Pre-IPO Funding Round for Lotus Tech

Lotus Technology, the electric vehicle arm of British sports car brand Lotus, has secured $870m of financing commitments this year before its planned listing on the Nasdaq via a special purpose acquisition company, the firm controlled by Chinese car giant Geely...
New Mountain Capital Acquires BMI for $1.7bn

New Mountain Capital Acquires BMI for $1.7bn

BMI didn’t put a specific price on New Mountain Capital’s takeover in its confirmation last week, but sources have previously put the acquisition price in New Mountain Capital’s offer at around $1.7bn. US radio giant iHeartMedia is lined up for a $100m windfall from...