Washington State Investment Board, Olympia, disclosed five new private equity commitments totaling up to $925 million, spokeswoman Tish Day said in an email. The board, which oversees $145.4 billion in assets including $111.5 billion in defined benefit plan assets,...
Private equity firm Hillhouse Capital Group is raising a fund targeting over 20 billion yuan (2.32 billion pounds), said people with knowledge of the matter, as it readies itself for opportunities offered by the eventual normalisation of the Chinese economy. Hillhouse...
Playboy magazine owner Playboy Enterprises is exploring options that include going public through a merger with a blank-check acquisition company, according to people familiar with the matter. A deal with a blank-check firm – referred to on Wall Street as a...
Private equity firms are hitting the U.S. leveraged loan market at the fastest pace in years to fund shareholder payouts with about $8.6 billion of dividend recapitalization deals launched this month. That’s the most since $9.9 billion came in all of September 2017,...
For most of their existence, special-purpose acquisition companies were mostly unknown. But this year, they’ve become some of the hottest investment vehicles on Wall Street, offering companies an alternative to a traditional IPO and opening up fertile new ground... 