The strategy invests in mezzanine debt, a sector that soared last year as parched investors shopped for yield. Blackstone Group Inc. has closed on more than $2.8 billion so far for a new vehicle that invests in mezzanine debt, an area of private credit that has boomed...
Macquarie Capital and UBS’ bankers formally kicked off talks with suitors for Link’s 44.2 per cent stake in Torrens Group Holdings, which owns electronic property payments platform PEXA. The goal is to realise value for Link Group shareholders who,...
CVC Capital Partners Ltd. is in the early stage of evaluating options for AOC LLC, including a sale that could bring in at least $2 billion, Bloomberg News reported, citing people familiar with the matter. The buyout firm may seek a roughly 12x EBITDA multiple for the...
Global buyout giant Blackstone has scored more than $3.1bn of LP capital for its debut fund dedicated to growth capital investing. The firm has picked up commitments for Blackstone Growth Fund from 88 investors to date, a US securities filing shows. Blackstone...
Fort Point Capital, a leading private equity firm focused on investing in service-oriented companies in the lower middle market, announced today that it has completed fundraising for FPC Small Cap Fund II. The Fund will enable Fort Point to continue its investment...
