by Sebastian | May 20, 2021 | News
Global investment company KKR & Co. (KKR) has launched KKR Real Estate Select Trust (KREST) with an innovative structure that allows individual investors access to the fund. KREST will enable daily subscriptions via a ticker and also provide daily net asset value...
by Sebastian | May 20, 2021 | News
Kartesia has held a final close for its fifth flagship credit opportunities fund Kartesia Credit Opportunities Fund V (KCO V) on its $1.8bn hard-cap. The vehicle is almost double the size of its predecessor, KCO IV, which closed on $1bn in 2017. Kartesia targets...
by Sebastian | May 20, 2021 | News
Polaris is expanding its activities with investments in subordinated loan capital (junior capital etc) and minority shareholdings, with the launch of Polaris Flexible Capital. Polaris expects to raise $164m for the new fund, which will support attractive Nordic...
by Sebastian | May 20, 2021 | News
Deutsche Telekom is committed to securing majority ownership of its U.S. business T-Mobile, Chief Executive Tim Hoettges told an investor presentation on Thursday. “We are clearly willing to get the majority in the timeframe that we have laid out,” Hoettges said. This...
by Sebastian | May 20, 2021 | News
Recently formed private equity firm Rainier Partners is targeting $250m for its debut fund, according to people familiar with the fundraising effort. The firm’s co-founders were childhood friends and are former Altamont Capital executives. Managing partners Jon Altman...
by Sebastian | May 20, 2021 | News
Clubs in German soccer’s top two divisions have opted to cease talks with private equity firms seeking to buy a stake in the German Football League’s (DFL) international broadcast rights business. Earlier this month, Reuters reported the DFL, which oversees the...