Targa Resources Corp said it will buy the remaining stake in its Grand Prix NGL Pipeline that it does not already own, for $1.05bn in cash from Blackstone’s energy unit. Targa, which will purchase 25% stake from Blackstone Energy Partners, acquired 75% interest in the...
A unit of Tokyo Gas is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6bn, including debt, people familiar with the matter said on Tuesday. If consummated, the deal would be the latest...
Goldman Sachs Group Inc’s top dealmakers are bullish on a recovery in global mergers & acquisitions (M&A) in the second half of 2023 despite a slowdown in economic growth and a weak credit market. As economic forecasts turn gloomier, executives at the Wall...
Blackstone said it had secured a $4bn investment from the University of California in its unlisted real estate income trust (BREIT) that has been plagued by investor redemptions, after the private equity firm committed $1bn to backstop the university’s returns...
M33 Growth, a venture and growth stage investment firm, closed a $340m third fund in December, exceeding its target after a quick fundraise. Investors included some of the nation’s leading endowments, philanthropic foundations, and family offices. This fund... 