by Sebastian | Feb 21, 2022 | News
The biggest private equity firms generated record profits from selling investments as markets charged ahead in 2021. It’s going to be a tough act to follow. Blackstone, Apollo Global Management and Carlyle collectively sold out of almost $150bn in deals, double that...
by Sebastian | Feb 21, 2022 | News
Celanese Corp. is nearing a deal to buy DuPont de Nemours Inc.’s mobility and materials arm in an agreement that could be announced as soon as Friday, according to people familiar with the matter. The transaction would be valued at $11bn, according to one of the...
by Sebastian | Feb 18, 2022 | News
CalPERS committed a total of $605m to four alternative investment funds in the fourth quarter, according to a report to the investment committee. The $479bn California Public Employees’ Retirement System, Sacramento, committed $300m to Tiger Global Private...
by Sebastian | Feb 18, 2022 | News
Private credit firm Crescent Capital Group said it raised a total of $6bn to lend directly to smaller to midsized companies. The money raised includes $3.2bn in equity commitments on a final close of its third direct lending fund, plus $1bn in targeted leverage. It’s...
by Sebastian | Feb 17, 2022 | News
KKR, a leading global investment firm, today announced that Global Atlantic Financial Group, on behalf of its affiliated insurance companies, has recapitalized an approximately $1.7bn portfolio of 95% leased, Class A office properties held by investment vehicles...
by Sebastian | Feb 17, 2022 | News
GTIS Partners, a real assets investment firm that manages $4.3bn in gross assets with a US focus on residential and industrial logistics investments, announced today that it has raised $630m for its GTIS Qualified Opportunity Zone Fund I. Investors in the Fund include...