SoundPoint to buy CVC lending unit

SoundPoint to buy CVC lending unit

Alternative asset manager SoundPoint Capital Management LP has struck a deal to buy the U.S. direct lending arm of CVC Capital Partners, according to a person familiar with the matter. The expected purchase would triple the size of SoundPoint’s direct-lending assets...
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...