Grey Rock Partners Weighs $600m Pitch for Clean-Energy Fund

Grey Rock Partners Weighs $600m Pitch for Clean-Energy Fund

Grey Rock Investment Partners, a private-equity firm co-founded by the son of former Secretary of Energy Rick Perry, is the latest oil and gas-fund manager to focus on investments aimed at reducing carbon emissions. The Dallas-based firm—which was founded as Grey Rock...
Vista Prepares Pitch for $24bn Software Fund

Vista Prepares Pitch for $24bn Software Fund

Vista Equity Partners plans to join the growing list of private-equity firms pitching large funds focused on technology deals. The firm aims to soon open a virtual data room for its next big flagship buyout fund to allow prospective investors access to documents...
Private Equity Eyes France for Latest Bet in European Sport

Private Equity Eyes France for Latest Bet in European Sport

Advent International is considering buying a stake in a new media rights company being set up by France’s elite soccer league, home to stars such as Lionel Messi and Kylian Mbappe, according to people familiar with the matter. The private equity firm is one of a...
Blackstone buys majority stake in Spanx, valuing it at $1.2bn

Blackstone buys majority stake in Spanx, valuing it at $1.2bn

Investment firm Blackstone would buy a majority stake in Spanx, valuing the shapewear maker at $1.2bn, the companies said on Wednesday. The deal will allow Spanx to further expand globally and help it strengthen its online business, they added. Spanx founder and Chief...