Blackstone Becomes First $1tr Private Equity Manager

Blackstone Becomes First $1tr Private Equity Manager

Passing that milestone puts the firm in the same league as mutual fund behemoths and banking giants. Private equity firms have sought to join a special club: managing $1 trillion in assets, a milestone that would put them in the same league as mutual fund behemoths...
KKR to buy chemical maker Chase in $1.3bn deal

KKR to buy chemical maker Chase in $1.3bn deal

KKR & Co said on Friday it would buy chemical maker Chase in an all-cash deal valued at about $1.3 billion including debt, to help the private equity firm bolster its holdings in the chemical specialty sector.  Under the deal terms, KKR will buy all outstanding...
CVC raises €26bn for its ninth Europe/Americas Private Equity Fund

CVC raises €26bn for its ninth Europe/Americas Private Equity Fund

CVC is pleased to announce the successful close of CVC Capital Partners IX (“Fund IX”) at €26 billion, exceeding its €25bn target. Its predecessor, CVC Capital Partners VIII, was raised in 2020 and closed at € 22.3bn. CVC launched Fund IX in January 2023 and has...