by Sebastian | Aug 21, 2021 | News
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...
by Sebastian | Aug 21, 2021 | News
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...
by Sebastian | Aug 20, 2021 | News
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...
by Sebastian | Aug 20, 2021 | News
Hagerty, which insures classic cars, has agreed to go public through a merger with SPAC Aldel Financial in a deal that values it at $3.13bn. The merger with Aldel Financial will provide stock market investors with a way to invest in the fast-growing classic car...
by Sebastian | Aug 20, 2021 | News
SoftBank-backed DriveWealth has raised $450m in fresh capital as part of a late-stage financing round co-led by Insight Partners and Accel, valuing the fintech firm at $2.85bn. The funding round also includes investments from Greyhound Capital, SoftBank Vision Fund,...
by Sebastian | Aug 20, 2021 | News
Private equity firm Greystar Real Estate Partners is set to buy London rental housing business Fizzy Living. Greystar is also in talks to buy Metropolitan Thames Valley’s minority stake in Fizzy’s real estate portfolio of nearly 1,000 homes across London, which is...
