CenterOak Partners Closes Oversubscribed Fund III at $1.1 Billion

CenterOak Partners Closes Oversubscribed Fund III at $1.1 Billion

CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced the closing of CenterOak Equity Fund III, L.P. (“Fund III” or the “Fund”). The Fund was oversubscribed and achieved its hard cap with total capital commitments of over $1.1...
Saudi’s Sovereign Wealth Fund Refinances $15 Billion Loan

Saudi’s Sovereign Wealth Fund Refinances $15 Billion Loan

Saudi Arabia’s sovereign wealth fund has signed a $15 billion revolving credit facility with a group of banks, replacing a previous funding agreement it reached in 2021. The Public Investment Fund, chaired by Crown Prince Mohammed bin Salman, said the loan has a tenor...