Bain Capital to sell $410m Axis Bank stake

Bain Capital to sell $410m Axis Bank stake

Providence Real Estate, a Wilmette, IL-based multifamily owner-operator, has closed its most recent private equity fund, the Providence Multifamily REIT and its affiliated entities. The fund raised approximately $85 million in commitments from investors throughout the...
Apollo Global Hires Anchorage Digital as Crypto Custodian

Apollo Global Hires Anchorage Digital as Crypto Custodian

New York-based private-equity firm Apollo Global Management has chosen Anchorage Digital to be its custodian for crypto assets, according to a press release on Monday. Anchorage, which became the first federally chartered crypto bank in the U.S. last year, said it...
Blackstone, Emerson Electric strike $14bn buyout deal

Blackstone, Emerson Electric strike $14bn buyout deal

According to the Wall Street Journal, the deal – expected to be announced on Monday – would give Blackstone a 55% stake in the unit, which sells compressors and other HVAC products and services used in commercial and residential heating and cooling as well...