Veritas Capital Fund Management LLC is pitching a second new investment strategy to investors after collecting $400 million for its maiden credit fund in October. The private-equity firm is targeting $1.25 billion for a new midmarket fund, according to people familiar...
Investment firm Sixth Street Partners is nearing a deal to buy a majority stake in sports-and-entertainment events company Legends Hospitality LLC, according to people familiar with the matter. The deal, which could be announced Monday, is expected to value Legends at...
O2 Investment Partners — a private equity firm investing in growth-oriented, privately-held businesses in the North American lower middle market — announces the final closing of O2 Investment Partners Fund III with $270 million in capital commitments. O2 leverages...
Private equity firm KKR placed a 4.7% stake in ProSiebenSat.1 Media at 13.50 euros apiece, a bookrunner said, sending shares in the German broadcaster down 4.5% Wednesday. KKR had bought shares in spring 2020 as an investment, people close to the matter had said...
Capital Constellation has purchased a minority stake in private equity manager Avista Capital Partners, a joint news release said Tuesday. Terms of the deal and the amount of the stake were not disclosed. Avista Capital Partners focuses on investments related to...