This week’s PE must-reads – Week 16

This week’s PE must-reads – Week 16

At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. EQT IX closes at $18.7 billion – reaching hard cap EQT Group is pleased to announce that EQT IX has held its final close at $18.7...
Apollo Lending Arm Raises $800m in Private-Credit Push

Apollo Lending Arm Raises $800m in Private-Credit Push

Apollo Global Management lending arm, MidCap Financial, a credit solutions firm focused on serving the middle market, today announced it has raised more than $800m of new equity from a diverse group of global investors that included Apollo clients, including Athene as...
FirstGroup sells US bus operations to EQT for about $4.6bn

FirstGroup sells US bus operations to EQT for about $4.6bn

UK-listed bus operator FirstGroup has agreed to sell its US bus operations to EQT’s infrastructure fund in about a $4.6 bln deal that will pass the operation of tens of thousands of yellow school buses to the Swedish private equity group. The sale of First Student and...