BPEA Completes $370m Acquisition of Sydney Hilton From Bright Ruby

BPEA Completes $370m Acquisition of Sydney Hilton From Bright Ruby

Baring Private Equity Asia on Thursday announced the acquisition of the Sydney Hilton hotel by the firm’s affiliated real estate funds for $370m. The completed deal marks the largest-ever single asset transaction in the Australian hospitality sector, BPEA said in a...
Bow River Capital Raises $590m for Its Third Private Equity Fund

Bow River Capital Raises $590m for Its Third Private Equity Fund

Bow River Capital, a Denver-based alternative asset manager, announced the successful close of its third private equity fund, Bow River Private Equity Fund III LP (Fund III), at $590m. The fund was oversubscribed, exceeding its target of $500m. Fund III benefitted...
Gulf firm Tabby secures $150m in debt financing

Gulf firm Tabby secures $150m in debt financing

Gulf buy now, pay later firm Tabby said on Wednesday it secured $150m in debt financing from U.S.-based firms Atalaya Capital Management and Partners for Growth. It is the largest credit facility ever secured by a fintech in the Gulf region, Tabby said in an emailed...