Former Treasury secretary Mnuchin raises $2.5bn for fund

Former Treasury secretary Mnuchin raises $2.5bn for fund

Steve Mnuchin, a former Goldman Sachs executive who served as U.S. Treasury secretary during the Trump administration, has raised $2.5bn at his private equity firm, according to a Bloomberg News report here on Monday. Most of the money raised for Washington D.C.-based...
Partners Group raises $15bn for private equity investing

Partners Group raises $15bn for private equity investing

Partners Group Holding AG told Reuters on Monday it raised $15bn for a private equity program to invest in assets such as technology, healthcare, and consumer goods companies. Partners Group amassed $6bn for its fourth flagship direct equity fund and an additional...
Private-Equity Firms Use More Debt to Score Midmarket Deals

Private-Equity Firms Use More Debt to Score Midmarket Deals

Private-equity deal activity involving midsize companies is running at full tilt as cash-flush lenders help buyout firms finance acquisitions, driving leverage to levels not seen since before the financial crisis. High volumes of unspent capital among both...