Blackstone teamed up with other lenders to provide $2.15bn of financing directly to Cambium Learning Group, bypassing banks in one of the biggest such loans that investors have made. Companies have been getting bigger and bigger loans straight from investors without...
Sales volume and pricing for secondhand private-market assets surged in the first half, the latest sign of investors’ hunger for alternative investments as the economy continues to rebound from its pandemic-induced slump. The first six months of the year saw $48...
Lower midmarket private-equity firm Arsenal Capital Partners aims to raise at least $3bn for its sixth fund, according to people familiar with the fundraising effort. If the firm reaches its fundraising target, the new fund would be 27% larger than its predecessor...
U.S. buyout firm Carlyle Group said on Thursday its second-quarter distributable earnings nearly doubled following a sharp rise in asset divestments in its private equity and secondary market portfolios. Carlyle joins peer Blackstone Group Inc in reporting such strong...
Singapore’s sovereign wealth fund GIC has joined the consortium led by Fortress Investment Group looking to acquire Morrisons, just as the supermarket’s largest shareholder has spoken out against the bid. A deal to buy the UK’s fourth largest grocery chain for £6.3bn...
