Goldman is set to plow at least $30 billion into Asian alternative assets over the next five years after revamping its operations and starting an aggressive campaign to raise outside funds in a bid to overtake investment giants such as KKR & Co. and Blackstone....
A company backed by Blackstone Group and led by former Walt Disney executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly $3bn, three people familiar with the matter said. The deal for the media house behind children’s...
Franklin Templeton agreed on Monday to buy investment firm Lexington Partners, which is known for acquiring secondary stakes in private equity funds, for $1.75bn in cash. Several investment firms have purchased secondaries businesses in recent months to tap into the...
Apollo Global Management, KKR, Carlyle Group and Blackstone Group have enjoyed record earnings selling off assets in a hot market. Together they handed back $45bn to investors last quarter. Rising markets have fueled the industry’s frenzied pace. Exits by private...
Sage Housing has raised £280m through its first sustainable, social and green bond as part of a bid to deliver 20,000 new energy efficient homes. The fast-growing firm, backed by US private equity giant Blackstone, said it raised the funds through a new social housing...