Apollo, HPS Pile Into Record $5.5bn Private Credit Deal

Apollo, HPS Pile Into Record $5.5bn Private Credit Deal

Apollo Global Management Inc. and HPS Investment Partners are among lenders that have offered to help provide a $5.5bn loan supporting the buyout of health-care technology firm Cotiviti, in what would be the largest buyout financing ever arranged by private credit...
New €3.75bn European Investment Fund pot to back growth equity

New €3.75bn European Investment Fund pot to back growth equity

The European Investment Bank (EIB) group and the governments of five EU countries have announced a new €3.75bn fund of funds to invest in VCs that back European scaleups. The new fund will be managed by the European Investment Fund (part of EIB group) and has been...
Pinarello valued at £222m with bike brand reportedly up for sale

Pinarello valued at £222m with bike brand reportedly up for sale

Italian bike manufacturer Pinarello has been valued at €250m, with former owner Fausto Pinarello considering buying back control of the company he sold seven years ago. US-based private equity firm L Catterton acquired the bike brand in 2016, with Pinarello remaining...