Goldman’s Petershill Eyes Listing of $4bn London Vehicle

Goldman’s Petershill Eyes Listing of $4bn London Vehicle

Goldman Sachs Group’s Petershill unit, which specializes in buying stakes in alternative asset managers, is considering listing a permanent capital vehicle in London as soon as this year, people familiar with the matter said. Petershill is working with advisers on the...
Blackstone Takes Stake in 784m Student Housing Portfolio

Blackstone Takes Stake in 784m Student Housing Portfolio

Blackstone Real Estate Income Trust has announced a $784m joint venture with student housing developer Landmark Properties to acquire and recapitalize an eight-property, 5,400-bed student housing portfolio. The eight assets in this transaction are at “leading...
Ares seeks $4bn for distressed investing

Ares seeks $4bn for distressed investing

Private equity firm Ares Management Corp is seeking to raise $4bn for its second fund that is focused on investing in the debt and equity of companies in financial distress, people familiar with the matter said on Friday. The Los Angeles-based firm raised its first...
PAI Weighs Options for $6bn Bottler Refresco

PAI Weighs Options for $6bn Bottler Refresco

PAI Partners is considering options for Refresco, including a possible initial public offering that could value the bottling business at about $6bn. The French buyout firm has been holding preliminary discussions with potential advisers as it studies a U.S. listing of...