Blackstone has moved into the lucrative music copyrights market by backing Merck Mercuriadis’s music investment firm Hipgnosis with $1bn firepower to snap up music rights and manage catalogues. As part of the deal, Blackstone will take an ownership stake in...
One of the world’s biggest specialist real estate investors is mulling an £850m takeover bid for Park Holidays, the UK resort operator. Sky News understands that Starwood Capital, run by Barry Sternlicht, is among the parties shortlisted by advisers to Park...
GlaxoSmithKline Plc’s consumer unit is drawing interest from private equity firms in what could lead to the biggest buyout of all time, people with knowledge of the matter said. The drugmaker’s advisers are informally fielding interest in the operations alongside...
Tembo Capital Management has raised $380m to make new bets in the mining sector, which the private-equity firm expects to benefit from rising demand for metals used in clean-energy equipment such as solar panels and electric-car batteries. The mining-focused investor,...
Brookfield Asset Management Reinsurance Partners announced the closing of its previously-announced transaction to reinsure up to $10bn of annuity products issued by American Equity Investment Life Insurance Company, a subsidiary of American Equity Investment Life...
