Robert Smith’s Vista Equity Snags Early $9bn for New Fund

Robert Smith’s Vista Equity Snags Early $9bn for New Fund

Vista Equity Partners is almost halfway to raising the $20bn target it set for its flagship fund, according to people familiar with the situation. Led by billionaire Robert F. Smith, the eighth iteration of the private equity firm’s main fund has garnered more than $9...
Blackstone Targets $5bn for Asia Private Credit Business

Blackstone Targets $5bn for Asia Private Credit Business

Blackstone is seeking a tenfold increase of assets in its Asia-Pacific private credit business to tap a market with a growing appetite for such financing. The U.S. alternative asset manager aims to expand its private credit assets to at least $5 billion in the “near...
Goldman Sachs’s Buyout Arm Agrees $2bn Deal for Norgine

Goldman Sachs’s Buyout Arm Agrees $2bn Deal for Norgine

Goldman Sachs Group Inc.’s private equity arm has agreed to buy a controlling stake in Norgine BV from the specialty pharmaceutical company’s founding Stein family. The deal was announced in a statement Thursday that confirmed an earlier Bloomberg News report....