Momentum continues to gather behind an initiative many see as crucial to changing City culture BlackRock has given its public backing to plans to shorten trading hours on the London Stock Exchange. Paul Battams, head of equity trading in Europe, the Middle East and...
Blackstone (NYSE: BX) announced that funds managed by Blackstone Tactical Opportunities (“Tac Opps”) have completed the successful recapitalization of Phoenix Tower International (“PTI”), a leading provider of wireless communications infrastructure. Tac Opps has...
Private equity firms have long been judge and jury when valuing their portfolio companies — but pressure for change is building For many portfolio companies, the value is in the eye of their private equity owner. Just ask Southland Royalty, a US energy firm that filed...
Trivest Partners (“Trivest” or the “Firm”) announced the final closings of the Trivest Growth Investment Fund II (“TGIF II”) and the Trivest Discovery Fund with $435 million and $235 million of total capital commitments, respectively. Raised concurrently, TGIF II and...
Over the period, assets under management were up 4% to €42.6bn at ICG Intermediate Capital Group has closed its third Strategic Equity Fund at $2.4bn, far above its $1.6bn target. The fund, which focuses on GP-led secondary transactions, has doubled the size of its... 