NEC holds first close of $1.5bn NextPower V ESG

NEC holds first close of $1.5bn NextPower V ESG

NextEnergy Capital (NEC), a global solar specialist in the renewables sector, has held the first close of its fifth investment vehicle NextPower V ESG (NPV ESG), which is targeting capital commitments of $1.5 billion with a $2 billion hard cap, at $480 million. The...
Blackstone REIT says redemption requests declined in June

Blackstone REIT says redemption requests declined in June

Blackstone (BX.N) Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of turmoil that led to the private equity firm limiting investor withdrawals “In June 2023, BREIT received $3.8 billion in requests under the...
SSW Partners explores sale of Veoneer unit at $500m valuation

SSW Partners explores sale of Veoneer unit at $500m valuation

 The owner of automotive technology company Veoneer has kicked off a sale of its passive safety business, according to people familiar with the situation. US private equity firm SSW Partners is working with advisers to gauge interest in the unit, the people said,...