Ares Explores Deal for Real Estate Investor GLP Capital Partners

Ares Explores Deal for Real Estate Investor GLP Capital Partners

Ares Management Corp. is exploring a potential deal for real estate investment firm GLP Capital Partners Ltd., which could rank as one of the biggest combinations in the alternative asset management industry in recent years, people with knowledge of the matter said....
Wealthy Families Fuel $20bn Private Equity Buyout Wave

Wealthy Families Fuel $20bn Private Equity Buyout Wave

Thoma Bravo is reaching out to private credit lenders as it looks to secure approximately $3.5bn in new financing for its automated professional services provider, ConnectWise, according to a report by Bloomberg. The report cites unnamed sources familiar with the...
Wealthy Families Fuel $20bn Private Equity Buyout Wave

Wealthy Families Fuel $20bn Private Equity Buyout Wave

Ultra-rich individuals and families worth more than $150bn are helping drive a resurgence in private equity buyouts, providing capital for some of the year’s biggest acquisitions to overcome a tough dealmaking environment. Wealthy clans that built their fortunes in...