AT&T will sell its advertising marketplace platform Xandr to Microsoft, as the Dallas-based company continues to divest assets tied to its digital entertainment business. Terms of the deal weren’t disclosed Tuesday by either AT&T or Microsoft. Bloomberg,...
Deerpath Capital Management, one of the largest providers of customized, cash-flow based senior debt financing to North American lower-middle market companies, announced the closing of Deerpath CLO 2021-2, a $425 million collateralized loan obligation (CLO). This CLO...
Private equity real estate investors are raising money faster than they can spend it. U.S. funds have amassed a record $287.8 billion for commercial-property deals, according to Preqin. That’s up 11% from a year earlier and 57% more than at the end of 2019. The pileup...
Blackstone Group is reportedly planning to list India’s first retail properties-centred real estate investment trust (REIT) valued at about $2.2-2.5bn. The US-based private equity firm is planning to list the proposed REIT by mid-2022 after integrating and preparing...
Real estate private equity firm Rockpoint Group formed a joint venture with BEB Capital to invest as much as $1bn in U.S. industrial properties. The partners will focus on the Northeast, particularly Long Island, New York, where BEB is based. The venture already has... 