KKR Plans to Lead Investment in Crypto Firm Anchorage

KKR Plans to Lead Investment in Crypto Firm Anchorage

Private equity giant KKR plans to lead a new investment in crypto startup Anchorage, which offers crypto custody, trading and financing services for financial institutions, said two people familiar with the matter. The Series D funding values the San Francisco-based...
Oaktree Capital closes latest distressed debt fund at $15.9bn

Oaktree Capital closes latest distressed debt fund at $15.9bn

Oaktree Capital Management announced the closing of its Oaktree Opportunities Fund XI at $15.9bn, according to a news release Tuesday. The largest fund in the firm’s history exceeded its original fundraising target of $15 billion. Oaktree Opportunities Fund XI is the...
Partners Group to Buy HVAC Firm DiversiTech in $2.2bn Deal

Partners Group to Buy HVAC Firm DiversiTech in $2.2bn Deal

Buyout firm Partners Group Holding AG has agreed to acquire DiversiTech Corp. from private equity firm Permira in a deal that values the air conditioning and electrical parts manufacturer at $2.2bn, including debt. The sale of the company is expected to close in...
HSBC AM raises $1bn for second private equity opportunities fund

HSBC AM raises $1bn for second private equity opportunities fund

HSBC Asset Management has closed its second directly-managed secondaries fund, Private Equity Opportunities II, having reached total commitments of more than $1bn. PE Opps II, which launched in August this year, will be managed by HSBC Alternatives’ private...
Private Equity Company Gaw Capital Raises $1.2bn for New Fund

Private Equity Company Gaw Capital Raises $1.2bn for New Fund

Real estate private-equity company Gaw Capital Partners has raised $1.2bn for a new Asia-Pacific focused fund. The new fund, Gateway Real Estate Fund VII, is Gaw Capital’s seventh Asia-Pacific real-estate fund, it said Wednesday. The company is aiming a total...