Permira has agreed to acquire a controlling shareholding in German pharmaceutical Neuraxpharm from UK private equity firm Apax Partners, in one of the largest European pharmaceutical deals of 2020 so far. The transaction values the company at over €1.6bn, a person...
Blackstone Group closed this month on the largest real estate debt fund ever, giving the investment firm plenty of cash to lend to property investors looking to go shopping during the coronavirus pandemic. One of the world’s largest owners of commercial...
Swedish private equity firm EQT has agreed to launch a £1bn housing joint venture with listed residential development and regeneration specialist Sigma Capital to deliver new homes for private rental in London. EQT’s property platform, EQT Real Estate, and Sigma had...
Oil pipelines, hotels, convenience stores and automaker bonds are among the assets being bought by some of the world’s biggest asset managers as they look for value in a world thrown into turmoil by the coronavirus pandemic. In interviews with sovereign wealth funds,...
The company that wants to build a high-speed train from California to Las Vegas is delaying its record $4.2 billion unrated municipal-bond sale that was supposed to happen by the end of this month. The venture backed by Fortress Investment Group’s private-equity funds... 