Private Equity Deals Are Coming to the NHL

Private Equity Deals Are Coming to the NHL

The league’s board of governors on Thursday approved a change to its ownership rules to allow for institutional investors, according to someone familiar with the decision. The NHL joins the NBA, MLS and MLB in making the change. An NHL representative didn’t...
Getty Images to return to public markets in near $5bn SPAC deal

Getty Images to return to public markets in near $5bn SPAC deal

Getty Images on Friday agreed to return to public markets through a merger with a blank-check firm backed by CC Capital and Neuberger Berman, in a deal valuing the supplier of stock photos and videos at about $4.8bn including debt. The deal with CC Neuberger Principal...
GoldenTree Announces Closing of $651m CLO Under GLM Strategy

GoldenTree Announces Closing of $651m CLO Under GLM Strategy

GoldenTree Loan Management II and its affiliated investment manager GoldenTree Asset Management along with other affiliated investment managers, announced the closing of a $651m collateralized loan obligation to be managed by GLM II. With the closing of this CLO,...
Ascend Partners Raises $570m for Debut Healthcare Fund

Ascend Partners Raises $570m for Debut Healthcare Fund

Ascend Partners has collected $570m for its first fund, which is focused on healthcare investments in companies that work with underserved and vulnerable communities. Started by urgent-care chain CityMD co-founder Dr. Richard Park and In Seon Hwang, a former Warburg...
Hollyport Capital Seeks $2 Billion for Secondary Deals

Hollyport Capital Seeks $2 Billion for Secondary Deals

Hollyport Capital, which focuses on acquiring stakes in older private-equity funds, is seeking $2bn across two vehicles to pursue the strategy as the market expands, documents presented at a public meeting of the Connecticut Retirement Plans and Trust Funds show....