Azalea raises $356m for Altrium Co-Invest and Growth funds

Azalea raises $356m for Altrium Co-Invest and Growth funds

Azalea Investment Management (Azalea) has held the first closings of the Altrium Co-Invest Fund I (ACF I) and Altrium Growth Fund I (AGF I) with a combined $356m in capital commitments from institutions, family offices and high-net-worth individuals. ACF I, which has...
Carlyle provides $100m DecisionRx credit facility

Carlyle provides $100m DecisionRx credit facility

DecisionRx, a value-based healthcare company focused on reducing the cost of care by helping physicians optimise prescribing decisions for their patients, has agreed a a $100m credit facility with global investment firm Carlyle. As part of the transaction, which was...
NYC pension funds look to PE in hunt for higher returns

NYC pension funds look to PE in hunt for higher returns

Four of New York City’s five public employee pension funds, catering for teachers, police officers, firefighters and civil servants, are to up their allocations to private equity and other illiquid asset classes, as they look to boost investment returns, according to...
Blackstone to acquire Sony Payment Services

Blackstone to acquire Sony Payment Services

Apollo Global Management is gearing up to start fundraising for its latest fund, which will focus on making secondary credit investments and is targeting $2bn in capital commitments, according to a report by Bloomberg. Get the week’s top news delivered directly...
Blackstone to acquire Sony Payment Services

Blackstone to acquire Sony Payment Services

Private equity funds managed by Blackstone are to acquire a majority stake in Sony Payment Services Inc (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a wholly-owned subsidiary of Sony Group. Sony Bank will roll over a certain portion of its...
Brookfield to acquire ATC India for $2.5bn

Brookfield to acquire ATC India for $2.5bn

Brookfield Asset Management is to acquire American Tower Corp’s (ATC) loss-making Indian operations for $2.5bn, becoming one of the country’s largest operator of telecom towers in the process, according to a report by Reuters. The acquisition, which is the third and...