Add-on deals to account for bulk of private-equity buys in 2020

Add-on deals to account for bulk of private-equity buys in 2020

Private equity funds currently fighting fires at portfolio companies may soon turn their attention to boosting operations by making add-on acquisitions, according to a new report from PitchBook. Already in the first quarter of 2020, bolt-on deals in Europe accounted...
KKR takes major stake in European logistics real estate portfolio

KKR takes major stake in European logistics real estate portfolio

KKR has taken a majority stake in European investor and manager of industrial and logistics assets Mirastar for an undisclosed sum, as it prepares to assemble a portfolio of assets in cities across Western Europe. The private equity group took the stake in the...
Blackstone Sees Prospect of Buying Opportunities in Crisis

Blackstone Sees Prospect of Buying Opportunities in Crisis

Blackstone Group Inc. expects to see plenty of investment opportunities once the current economic crisis abates — and is already taking steps to deploy capital on downtrodden assets. Current dislocations spurred by coronavirus pandemic, while painful, will allow...
Hedge funds, private equity firms barred from PPP loans

Hedge funds, private equity firms barred from PPP loans

Hedge fund and private equity firms are not eligible for the types of US government loans designed to provide relief to small businesses from the economic hardship of the coronavirus outbreak, the Small Business Administration said on Friday. “Hedge funds and private...