by Sebastian | Jul 27, 2021 | News
Blackstone Group acquired a minority stake in private equity firm GTCR, a joint release from both firms said Tuesday. Blackstone acquired the ownership stake through its Blackstone Strategic Capital Holdings GP stakes business, which “specializes in value-added,...
by Sebastian | Jul 27, 2021 | News
Brookfield Asset Management said it has raised $7bn for the initial close of its new impact investment fund, pulling in money from Singapore’s sovereign wealth fund and Canadian pension managers for an investment vehicle that will help businesses cut their carbon...
by Sebastian | Jul 27, 2021 | News
Private equity giant TPG this morning said it raised $5.4bn for the inaugural round of its TPG Rise Climate fund. It’s the “largest climate-focused fund in the world”. TPG Rise Climate has set a hard cap of $7bn in total capital commitments and...
by Sebastian | Jul 27, 2021 | News
For more than a decade, the stock market has been shrinking, thanks to share buybacks, leveraged buyouts, cash-based M&A and bankruptcies. That’s all changed recently with the massive supply of IPOs — both of traditional companies as well as SPACs. Patrick Healy,...
by Sebastian | Jul 27, 2021 | News
Eurazeo has held the final close of Idinvest Private Debt V, its fifth direct lending fund, at €1.5bn, ahead of its initial €1.2bn target. Along with the Group’s €500m in private debt funds and investment mandates, its current private debt programme now totals...
by Sebastian | Jul 27, 2021 | News
European mid-market private equity firm Equistone has acquired a majority stake in Vertbaudet, a European e-commerce platform dedicated to childhood. Following this transaction, Equistone now holds a majority stake in Vertbaudet, alongside the executive team. Through...