Investors led by the co-owner of the NBA’s Boston Celtics have bought into Atalanta, the soccer team that has gatecrashed the Italian elite in recent years. Stephen Pagliuca, the co-chairman of Bain Capital, is heading the group that has bought 55% of the shares of...
The biggest private equity firms generated record profits from selling investments as markets charged ahead in 2021. It’s going to be a tough act to follow. Blackstone, Apollo Global Management and Carlyle collectively sold out of almost $150bn in deals, double that...
Celanese Corp. is nearing a deal to buy DuPont de Nemours Inc.’s mobility and materials arm in an agreement that could be announced as soon as Friday, according to people familiar with the matter. The transaction would be valued at $11bn, according to one of the...
CalPERS committed a total of $605m to four alternative investment funds in the fourth quarter, according to a report to the investment committee. The $479bn California Public Employees’ Retirement System, Sacramento, committed $300m to Tiger Global Private...
Private credit firm Crescent Capital Group said it raised a total of $6bn to lend directly to smaller to midsized companies. The money raised includes $3.2bn in equity commitments on a final close of its third direct lending fund, plus $1bn in targeted leverage. It’s... 