Providence seeks to exit music market with $600m song sale

Providence seeks to exit music market with $600m song sale

Providence Equity is trying to sell its Tempo song catalogue for a price of as much as $600m — a key test for the strength of the music market as interest rates rise. The deal would be the first major private equity exit from the red hot music copyrights market as...
Nest appoints Schroders for £1.5bn private equity push

Nest appoints Schroders for £1.5bn private equity push

Nest has today announced that it has entered into a new private equity partnership with Schroders Capital. The new partnership will see the government-backed auto-enrolment provider and Schroders Capital -the private markets investment division of Schroders –...
EQT Explores $2bn Sale of Wash Multifamily Laundry

EQT Explores $2bn Sale of Wash Multifamily Laundry

EQT AB is exploring a sale of Wash Multifamily Laundry Systems, which operates laundry machines in apartment buildings, college residence halls and military bases, according to people with knowledge of the matter. The alternative asset manager, which has owned Wash...
TPG raises $7.3bn for climate fund

TPG raises $7.3bn for climate fund

Alternative money manager TPG has closed TPG Rise Climate at $7.3bn. The climate investing fund closed at its hard cap, a news release said Wednesday. TPG Rise Climate launched in 2021 and has already made a number of growth-stage investments in firms dedicated to...