Investors see multiple avenues for space sector exits

Investors see multiple avenues for space sector exits

Money will continue flowing into the space industry from government agencies, private equity firms and public markets, according to panelists at the 2021 SmallSat Symposium. “It has never been a better time to raise money for ventures in and around space,” said James...
Private equity groups battle for €1bn AIB problem mortgages

Private equity groups battle for €1bn AIB problem mortgages

Private-equity giants in the United States Apollo and Lone Star are the final bidders vying to acquire a portfolio of deep-in-arrears AIB home loans that were originally worth about €1 billion, according to sources. AIB set about selling the portfolio, dubbed Project...
UPDATE: Carlyle withdraws bid for Japan Asia Group

UPDATE: Carlyle withdraws bid for Japan Asia Group

Global private equity firm Carlyle Group on Wednesday withdrew its bid to buy energy and environment firm Japan Asia Group (JAG) in a deal worth 48 billion yen ($459 million), as a Japanese activist fund beat its offer. “The bid did not attract minimum shares needed...
U.S. insurance asset sales attract new private equity players

U.S. insurance asset sales attract new private equity players

U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such...
Blackstone Said Buying Warburg Pincus India Logistics JV for $700m

Blackstone Said Buying Warburg Pincus India Logistics JV for $700m

Already India’s largest office landlord, Blackstone may soon become the country’s biggest warehouse owner through the purchase of a 22 million square foot (2 million square metre) logistics joint venture, according to local news reports. Having acquired more than 1...