Blackstone Gives $2.2bn Loan as Private Debt Sets Records

Blackstone Gives $2.2bn Loan as Private Debt Sets Records

Blackstone teamed up with other lenders to provide $2.15bn of financing directly to Cambium Learning Group, bypassing banks in one of the biggest such loans that investors have made. Companies have been getting bigger and bigger loans straight from investors without...
Arsenal Capital Partners Seeks $3bn for Sixth Fund

Arsenal Capital Partners Seeks $3bn for Sixth Fund

Lower midmarket private-equity firm Arsenal Capital Partners aims to raise at least $3bn for its sixth fund, according to people familiar with the fundraising effort. If the firm reaches its fundraising target, the new fund would be 27% larger than its predecessor...
Carlyle’s second-quarter earnings double on asset sales

Carlyle’s second-quarter earnings double on asset sales

U.S. buyout firm Carlyle Group said on Thursday its second-quarter distributable earnings nearly doubled following a sharp rise in asset divestments in its private equity and secondary market portfolios. Carlyle joins peer Blackstone Group Inc in reporting such strong...