by Sebastian | May 31, 2024 | News
The Australian Retirement Trust, a pension fund valued at AUD 260bn ($174bn), plans to increase its private credit allocation over the next year, targeting opportunities in Europe and North America. In an interview with Bloomberg, Andrew Fisher, Head of Investment...
by Sebastian | May 31, 2024 | News
AI hyperscaler CoreWeave, which operates data centres in the US, has secured a $7.5bn debt financing facility led by funds managed by Blackstone with participation from Magnetar as co-lead investor, as well as Coatue Management. Other firms to participate in the...
by Sebastian | May 31, 2024 | News
London-based private equity giant Hg has agreed to acquire AuditBoard, a cloud-based platform for audit, risk, compliance and ESG management, in a transaction valued at over $3bn including debt. The acquisition is being led by Hg’s San Francisco-based office, which...
by Sebastian | May 31, 2024 | News
Australian alternative asset manager HMC Capital has entered the private credit sector with an AUD127.5m acquisition of Melbourne-based real estate fund manager Payton Capital, according to a report by the Australian Financial Review. The deal, a combination of cash...
by Sebastian | May 31, 2024 | News
Israel-based identity security company CyberArk has agreed to acquire Venafi, a machine identity management company backed by software-focused private equity firm Thoma Bravo, for approximately $1.54bn — to be paid in $1bn cash and $540m in CyberArk shares. The...
by Sebastian | May 31, 2024 | News
New York-based banking giant JPMorgan Chase & Co is actively seeking to acquire a private credit firm to strengthen its private capital operations within its $3.6tn asset management division. Earlier this year, JPMorgan engaged in talks to purchase Chicago-based...
