Punch Pubs has been bought by the private equity investor Fortress in a deal for almost 1,300 British pubs thought to be worth as much as £1bn. The company’s pub landlords employ about 20,000 people, although Punch employs only 280 people directly. Punch owns more...
European authorities are planning to make it easier for individual investors to put their money in private equity by loosening rules around an investment structure that buyout firms see as a gateway for billions of dollars in fresh capital. The proposed changes affect...
Bond investors will soon be able to buy a piece of the music catalogs of a wide range of pop, country and classic rock acts including The Who and Tim McGraw. Private equity and credit firm Northleaf Capital is selling $303.8m of asset-backed securities supported by...
Growth equity and early stage investor Norwest Venture Partners has closed its biggest-ever fund by collecting $3bn of equity. The fundraise boosted the firm’s total capital under management to $12.5bn. NVP XVI is 50% bigger than its predecessor NVP XV, which it...
BC Partners Credit, the credit arm of BC Partners, a leading alternative asset management firm, announced today the final closing of Special Opportunities Fund II. The Fund was oversubscribed at $1.2bn relative to its $750m target. Upon Ted Goldthorpe joining BC... 