by Sebastian | Mar 7, 2023 | News
Blackstone said it had blocked investors from cashing out their investments at its $71bn real estate income trust (BREIT) as the private equity firm continues to grapple with a flurry of redemption requests. BREIT said it fulfilled redemption requests of $1.4bn in...
by Sebastian | Mar 7, 2023 | News
Oaktree Capital plans to raise $10bn for a new fund that will help finance large private equity takeovers, the Financial Times reported on Tuesday, citing a letter sent to the U.S. asset manager’s clients. The new fund, known as Oaktree Lending Partners, may tap...
by Sebastian | Mar 7, 2023 | News
SK shieldus, the cybersecurity arm of South Korea’s telecommunications giant SK telecom Co., was sold to overseas private equity fund operated by Sweden’s largest conglomerate Wallenberg Group for about $1.5bn. EQT Partners will acquire part of SK square Co.’s stake...
by Sebastian | Mar 7, 2023 | News
EQT Active Core Infrastructure fund said on Wednesday it had, together with the Public Sector Pension Investment Board, agreed to buy Radius Global Infrastructure in a deal valued at $1.43bn. Including debt, the deal value would be about $3bn. Under the terms of the...
by Sebastian | Mar 7, 2023 | News
Private equity firm Quantum Energy Partners is backing a new iteration of Bison Oil & Gas to pursue deals in the Denver-Julesburg Basin (D-J Basin), and the E&P has already acquired acreage and production through several deals. Houston-based Quantum has...
by Sebastian | Mar 7, 2023 | News
Atelier de Production et de Création, a globally recognized French clothing brand, and L Catterton, a leading global consumer-focused investment firm, announced that they signed binding agreements to form a strategic partnership to advance the brand’s...