Blackstone-backed Patria eyes expansion in Latam, Asia

Blackstone-backed Patria eyes expansion in Latam, Asia

Brazilian asset manager Patria Investments Ltd, whose shareholders include Blackstone Group Inc, plans to use the proceeds of its $588 million initial public offering partly to expand in new emerging markets, executives said on Friday. Patria raised $326 million in...
Buyout firm TPG in lead for stake in AT&T’s DirecTV

Buyout firm TPG in lead for stake in AT&T’s DirecTV

Private equity firm TPG has entered into exclusive talks to acquire a minority stake in AT&T Inc’s satellite TV division, DirecTV, in a deal that would allow the U.S. wireless carrier to trim its net debt of close to $150 billion, people familiar with the matter...
Gauge Capital Closes Gauge Capital III at $800 million

Gauge Capital Closes Gauge Capital III at $800 million

Gauge Capital, a leading middle market private equity firm, announces the closing of its third fund with an oversubscribed first and final close of $800 million in commitments. The Gauge Capital team is the largest investor in the fund and represents over 25% of the...