Stellus Capital Raises $950m for New Funds

Stellus Capital Raises $950m for New Funds

Stellus Capital Management, a leader in middle market direct lending, today announced the final close of Stellus Credit Fund III. The Firm materially exceeded its target fundraising goal with approximately $1.8bn of investable capital including target leverage,...
NovaQuest Private Equity Closes New Fund at $500m

NovaQuest Private Equity Closes New Fund at $500m

NovaQuest Private Equity has closed its newest fund, NovaQuest Private Equity Fund II, with $500m, according to a news release. The fund was closed at its hard cap, exceeding the initial target of $425m. NQPE is a private equity firm that invests in lower middle...
KKR-Led Group Confirms $14bn Ramsay Takeover Bid

KKR-Led Group Confirms $14bn Ramsay Takeover Bid

A consortium led by KKR has reaffirmed its takeover offer for Australian private hospitals operator Ramsay Health Care, according to people familiar with the matter. The private equity firm and its partners submitted confirmation last week of the A$20.1 billion ($14...
CD&R hatches £2.5bn swoop on facilities management giants

CD&R hatches £2.5bn swoop on facilities management giants

The private equity firm, which last year swooped to buy the supermarket chain Morrisons, is hatching an audacious plan to buy and merge two major players in the international facilities management industry. Sky News has learnt that Clayton Dubilier & Rice...