Private debt investor, Antares Capital, announced today that it served as joint lead arranger and is acting as administrative agent on $1.4 billion in senior secured credit facilities to support the recapitalization of Galway Insurance Holdings. Galway’s existing...
A consortium of four Italian industry-wide defined contribution (DC) pension funds has launched a search for a private debt manager. The initiative, called Progetto Zefiro (Project Zephyr), is the first time Italian industry-wide DC funds, collectively known as ‘fondi...
While PE investment in real estate in 2020 is expected to contract at $4.6 billion due to decline in economic activity, investors are likely to adapt themselves in the altered world order and steadily return to the market with evolved strategies. Private equity...
A recent investor and operational due diligence (ODD) analyst survey showed that the pandemic will have lasting effect on due dilligence – even with vaccine. Although the bulk of allocators surveyed stated optimism about a Coronavirus vaccine, 84% indicated that...
As the digital advertising industry continues to grow, the mobile app marketing company Liftoff says it is taking on a majority investment from the private equity firm Blackstone. The investment, announced today, is expected to close in early 2021. The terms were not...