by Sebastian | Feb 17, 2022 | News
Ares Management Corporation announced today that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive from a Brookfield private real estate fund for $3.8bn. This latest transaction highlights Ares’ increased focus on...
by Sebastian | Feb 16, 2022 | News
The Biden administration is lending a more cautious eye to private equity and other “alternative” investments like hedge funds. The U.S. Securities and Exchange Commission and U.S. Department of Labor have taken steps in recent weeks to boost transparency for...
by Sebastian | Feb 16, 2022 | News
New Zealand Rugby said Thursday it had secured a lucrative investment from US private equity firm Silver Lake after overcoming opposition to the deal from the players’ union. The partnership will see Silver Lake put $134m into a joint commercial entity, which...
by Sebastian | Feb 16, 2022 | News
Private equity major Apax Partners is already eyeing up to $13bn for its latest flagship fundraise, just a year after closing its $11bn Fund X vehicle. The firm is set to pick up a $100m commitment from the Minnesota State Board of Investment according to the pension...
by Sebastian | Feb 16, 2022 | News
Buyout groups CVC Capital Partners and Brookfield and two Abu Dhabi state funds have bid to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group, two sources familiar with the deal said. Kuwait-based Alshaya Group,...
by Sebastian | Feb 16, 2022 | News
Blackstone‘s growth arm has helped online visual media business Cloudinary to a $2bn valuation through a new investment round. The deal comes just a couple of months after Cloudinary reached $100m in annual recurring revenue. Blackstone has invested more than $100m in...
