by Sebastian | Feb 6, 2020 | News
Blackstone (NYSE: BX) announced that funds managed by Blackstone Tactical Opportunities (“Tac Opps”) have completed the successful recapitalization of Phoenix Tower International (“PTI”), a leading provider of wireless communications infrastructure. Tac Opps has...
by Sebastian | Feb 6, 2020 | News
Private equity firms have long been judge and jury when valuing their portfolio companies — but pressure for change is building For many portfolio companies, the value is in the eye of their private equity owner. Just ask Southland Royalty, a US energy firm that filed...
by Sebastian | Feb 6, 2020 | News
Trivest Partners (“Trivest” or the “Firm”) announced the final closings of the Trivest Growth Investment Fund II (“TGIF II”) and the Trivest Discovery Fund with $435 million and $235 million of total capital commitments, respectively. Raised concurrently, TGIF II and...
by Sebastian | Feb 6, 2020 | News
Over the period, assets under management were up 4% to €42.6bn at ICG Intermediate Capital Group has closed its third Strategic Equity Fund at $2.4bn, far above its $1.6bn target. The fund, which focuses on GP-led secondary transactions, has doubled the size of its...
by Sebastian | Feb 6, 2020 | News
Private equity firms accounted for 80% of all data-center acquisitions in 2019. Is that a good thing? Merger and acquisition activity surrounding data-center facilities is starting to resemble the Oklahoma Land Rush, and private-equity firms are taking most of the...
