The Ontario Municipal Employees Retirement System pension fund sold a long-held stake in the U.K.’s second-largest natural gas distribution network on Wednesday for $1.6bn, more than tripling its original investment and raising capital for new infrastructure projects....
Vista Equity Partners will acquire a majority stake in Salesloft Inc, valuing the sales engagement software company at $2.3bn, the Wall Street Journal reported on Wednesday, as a record year for private-equity tech deals nears its end. The U.S.-based investment firm...
AT&T will sell its advertising marketplace platform Xandr to Microsoft, as the Dallas-based company continues to divest assets tied to its digital entertainment business. Terms of the deal weren’t disclosed Tuesday by either AT&T or Microsoft. Bloomberg,...
Deerpath Capital Management, one of the largest providers of customized, cash-flow based senior debt financing to North American lower-middle market companies, announced the closing of Deerpath CLO 2021-2, a $425 million collateralized loan obligation (CLO). This CLO...
Private equity real estate investors are raising money faster than they can spend it. U.S. funds have amassed a record $287.8 billion for commercial-property deals, according to Preqin. That’s up 11% from a year earlier and 57% more than at the end of 2019. The pileup... 