Blackstone Nears Deal Valuing Manhattan Office Tower at $2.85bn

Blackstone Nears Deal Valuing Manhattan Office Tower at $2.85bn

Blackstone is in advanced talks to acquire a 49% stake in a new Manhattan office tower in a deal that values the skyscraper at $2.85bn, providing a shot of confidence for New York during tough times. A venture led by Brookfield Asset Management could reach an...
Brookfield takes stake in smart meter firm Intellihub for €630m

Brookfield takes stake in smart meter firm Intellihub for €630m

Brookfield has acquired a 50% stake in Intellihub Group, a smart utility infrastructure-as-a-service company, for around €630m. The transaction gives the business a total enterprise value of around A$3.4bn, based on equity value of A$2bn and about A$1.4bn in debt, a...
KKR taps $15bn Asian fund to buy Yayoi from Orix Corp

KKR taps $15bn Asian fund to buy Yayoi from Orix Corp

Global buyout giant KKR has agreed to buy SME-focused software developer Yayoi from financial services group Orix Corp. Yayoi is the largest financial and accounting software provider for SMEs and sole proprietors in Japan, best known for its namesake accounting and...
Health Velocity Capital Announces $300m Second Fund

Health Velocity Capital Announces $300m Second Fund

Health Velocity Capital has closed its oversubscribed fund, Health Velocity Capital II, on $300m of commitments. The new fund will support early and growth-stage companies contributing to a more affordable, sustainable, and consumer-friendly healthcare system. In the...
New York State Pension Fund Backs Capital Constellation with 340m

New York State Pension Fund Backs Capital Constellation with 340m

New York State Common Retirement Fund is investing $340m in institutional investor-backed Capital Constellation Inc., which takes stakes in growth-stage, specialist private-equity managers. With this commitment, the New York State pension fund will become an equal...