GIP Australia Fund II holds AUD4bn final closing

GIP Australia Fund II holds AUD4bn final closing

Infrastructure private investment firm Global Infrastructure Partners (GIP), has held the final closing of the GIP Australia Fund II (GIPA II) with aggregate committed capital of AUD4bn (£2.1bn), at the upper end of its AUD3bn to AUD4bn target range. GIPA II has...
Verdane acquires majority stake in Corlytics

Verdane acquires majority stake in Corlytics

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. The investment will support the Corlytics’s continued growth.  Verdane invested in Corlytics via...
Model N signs $1.25bn go-private deal with Vista Equity

Model N signs $1.25bn go-private deal with Vista Equity

Healthcare IT firm Model N said on Monday it has entered into an agreement to be taken private by investment firm Vista Equity Partners for about $1.25 billion, sending its shares up 9.3% at $29.60 in premarket trading. Vista will acquire all the outstanding shares of...
Blackstone to take Apartment Income REIT private in $10bn deal

Blackstone to take Apartment Income REIT private in $10bn deal

Asset manager Blackstone known as AIR Communities, for $10 billion in cash, including debt, in what analysts see as a bet on easing pressure within the commercial real estate market. Under the deal, Blackstone will pay $39.12 for each share of the real estate...