Ares Management Corporation, a leading global alternative investment manager, announced today the final closing of Ares Private Credit Solutions II. APCS II was oversubscribed with $5.1bn of commitments compared to its $4bn target and is approximately 50% larger than...
Harvard University, already the wealthiest in the world, said on Thursday that its endowment made a 34% gain and swelled to $53.2bn in the fiscal year that ended in June. Investments in private and public markets helped fuel the increase which university officials...
Starwood Capital Group said on Friday it had raised $10bn for its latest real estate fund, bringing the U.S. investment firm’s total assets under management to over $95bn. The fundraise for Starwood Distressed Opportunity Fund XII exceeded the $7.6bn it had raised for...
A unit owned by Abu Dhabi state fund Mubadala Investment Company has acquired one of the biggest franchisees of Taco Bell Corp in the United States, according to a statement on Thursday. Mubadala Capital, an asset management subsidiary, bought K-MAC from Lee Equity...
Actis raised about $6bn for a new fund to invest in power-generation projects across emerging markets, as the private-equity firm shifts its investment focus entirely on infrastructure and away from traditional buyouts. The London-based firm said it wrapped up Actis... 