Blackstone GP Stakes business shutters fund at $5.6bn

Blackstone GP Stakes business shutters fund at $5.6bn

Blackstone on Monday announced the final close of Blackstone Strategic Capital Holdings II at $5.6bn. The commingled fund specializes in value-added, long-term minority ownership interests in the management companies of private equity firms, according to a Blackstone...
French manager Ardian starts work on IPO

French manager Ardian starts work on IPO

Paris-based private equity investor Ardian has started making preparations for an initial public offering, Bloomberg reported, potentially adding it to a growing list of publicly traded PE firms. The asset manager, which has around $120 billion in assets under...
H.I.G. WhiteHorse Finances Groupe Astek

H.I.G. WhiteHorse Finances Groupe Astek

H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital, announced that it has arranged a financing package for Groupe Astek, which includes a significant growth capital component. H.I.G. WhiteHorse has arranged a €170m financing package, which...