Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world’s biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent $11.7 billion on...
Property giant China Evergrande’s Hong-Kong listed electric vehicles firm said on Sunday it would bring in six new investors to raise HK$26 billion ($3.4 billion) to fund technology research and repay debt. China Evergrande New Energy Vehicle Ltd will issue 952.4...
SparkPost, the world’s largest email sending and optimization platform delivering nearly 40 percent of the world’s commercial email, today announced it has secured $180 million from LLR Partners, NewSpring Capital and PNC Bank to invest in the next era of...
Credit manager Marathon Asset Management has raised $900 million for extending asset-backed loans to companies that may be struggling to find financing, as a pullback from major lenders has allowed alternative asset managers to step in. The firm will invest in loans...
Bahrain’s Investcorp is buying five garden-style apartment properties in the US for $330 million, as multifamily assets attract investor interest during a pandemic that has made residential real estate more appealing than offices, hotels and malls. The properties...
