Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Preferred Apartment Communities Inc said on Wednesday a Blackstone Inc unit would buy it in a $5.8 billion deal, as the world’s biggest alternate asset manager ramps up investments in the red-hot U.S. housing sector. Blackstone Real Estate Income Trust’s...
Goldman Sachs acquires Adler & Allan from Sun European

Goldman Sachs acquires Adler & Allan from Sun European

An affiliate of private investment advisory firm Sun European Partners has agreed to sell UK environmental risk reduction specialist Adler & Allan to the private equity business at Goldman Sachs Alternatives Adler & Allan, which was founded in 1926 and...
abrdn sells European PE business to Patria Investments

abrdn sells European PE business to Patria Investments

Global investment company abrdn has completed the sale of its £7.4bn European-headquartered private equity operation to alternative investment firm Patria Investments for around £100m, with the business set to be renamed Patria Private Equity Trust.   According to a...
Permira Takes Majority Stake in BioCatch at $1.3bn Valuation

Permira Takes Majority Stake in BioCatch at $1.3bn Valuation

Private equity giant Permira acquired a majority stake in BioCatch to accelerate the behavioral biometric intelligence stalwart’s global expansion, product road map and overall growth. Permira’s ownership will help Tel Aviv, Israel-based BioCatch expand...