Reverence Capital Seeks $1.7 Billion for New Buyout Fund

Reverence Capital Seeks $1.7 Billion for New Buyout Fund

Reverence Capital Partners is seeking $1.7 billion for its third private-equity fund, re-entering the market less than two years after a predecessor buyout vehicle exceeded its target by 60%, according to people familiar with the matter. If the New York firm hits its...
Blackstone Funds to acquire QTS Realty Trust for $10bn

Blackstone Funds to acquire QTS Realty Trust for $10bn

QTS Realty Trust and Blackstone have entered into a definitive agreement under which Blackstone will acquire the company in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. The purchase price represents a $78.00 per share,...