EnCap looking to divest two oil and gas assets in Texas for $6bn

EnCap looking to divest two oil and gas assets in Texas for $6bn

US private equity firm EnCap Investments is considering options to sell two bundles of oil and gas assets in Texas, Bloomberg reported, citing people familiar with the development. Through the sale of assets in the Delaware basin, the investment firm is expected to...
Blackstone, KKR Defy Global Private Debt Slump With Bets on Asia

Blackstone, KKR Defy Global Private Debt Slump With Bets on Asia

Direct-lending behemoths from Blackstone to KKR are looking to expand in Asia’s fledgling private-debt sector, targeting firms shut out of volatile public markets but healthy enough to survive surging inflation and a potential recession. Bucking an industry-wide...
Private Equity-Backed Breitling CEO Eyes Deals After Turnaround

Private Equity-Backed Breitling CEO Eyes Deals After Turnaround

In the five years since CVC Capital Partners bought control of Breitling AG, the company has more than quadrupled its equity value and is on the cusp of re-joining the Top 10 Swiss brands of luxury watches.  Now Georges Kern, who gave up a top job at luxury emporium...