by Sebastian | Mar 3, 2021 | News
Private equity firms are proving there’s still plenty of profit in the U.S. coal industry despite a decade of falling demand for the fossil fuel. They are spending billions of dollars buying coal-fired plants on the cheap – and getting paid even when they are...
by Sebastian | Mar 2, 2021 | News
NREP has raised €900m for its new, semi open-ended fund to invest long-term in middle-income residentials, modern logistics facilities and social infrastructure. The capital, entirely raised during the pandemic, enables NREP to respond to a significant set of...
by Sebastian | Mar 2, 2021 | News
Greg Beard, a former senior partner at private equity company Apollo Global Management Inc, plans to raise $200 million in an IPO for a blank-check acquisition firm focused on the energy sector, according to people familiar with the matter. Beard’s special purpose...
by Sebastian | Mar 2, 2021 | News
Two investment firms will buy a majority stake in Hertz Global Holdings Inc for $4.2 billion under a restructuring plan expected to help it out of bankruptcy by early- to mid-summer, the car rental company said in a filing on Tuesday. Under the proposed investment,...
by Sebastian | Mar 2, 2021 | News
Commercial property data vendor CoStar Group Inc on Monday sweetened its offer to buy CoreLogic Inc by adding another $450 million, hoping to seal a deal and triumph over another competing bid by private equity firms, Stone Point Capital and Insight Partners....