by Sebastian | Nov 12, 2021 | News
Growth investment major General Atlantic has held a $7.8bn final close for its sixth flagship fund, beating its $5bn target. The firm now has $23.8bn in committed capital and more than $78bn in assets under management. Bill Ford, chairman and CEO of General Atlantic,...
by Sebastian | Nov 12, 2021 | News
Goldman is set to plow at least $30 billion into Asian alternative assets over the next five years after revamping its operations and starting an aggressive campaign to raise outside funds in a bid to overtake investment giants such as KKR & Co. and Blackstone....
by Sebastian | Nov 4, 2021 | News
A company backed by Blackstone Group and led by former Walt Disney executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly $3bn, three people familiar with the matter said. The deal for the media house behind children’s...
by Sebastian | Nov 4, 2021 | News
Franklin Templeton agreed on Monday to buy investment firm Lexington Partners, which is known for acquiring secondary stakes in private equity funds, for $1.75bn in cash. Several investment firms have purchased secondaries businesses in recent months to tap into the...
by Sebastian | Nov 4, 2021 | News
Apollo Global Management, KKR, Carlyle Group and Blackstone Group have enjoyed record earnings selling off assets in a hot market. Together they handed back $45bn to investors last quarter. Rising markets have fueled the industry’s frenzied pace. Exits by private...
by Sebastian | Nov 4, 2021 | News
Sage Housing has raised £280m through its first sustainable, social and green bond as part of a bid to deliver 20,000 new energy efficient homes. The fast-growing firm, backed by US private equity giant Blackstone, said it raised the funds through a new social housing...