PGIM Private Capital has completed fundraising for PGIM Capital Partners VI, L.P., surpassing its fundraising target with capital commitments of $2.23 billion. PGIM Private Capital is a leading source of private debt for public and private companies and is the private...
Buyout firms including PAI Partners and China’s CDH Investments are among suitors preparing first-round bids for Royal Philips NV’s home appliance unit, people with knowledge of the matter said. Apollo Global Management Inc. has also been considering a non-binding...
Chinese private equity firm FountainVest Partners has raised $1.6 billion to reach the first-close of its new private equity fund, one person with knowledge of the situation told Reuters. The firm is targeting to raise $2.8 billion in its fourth dollar-denominated...
Maranon Capital announced the closing of Maranon Loan Funding 2020-1, Ltd., a $350 million collateralized loan obligation (“CLO”). This represents the fifth CLO issued by Maranon. Maranon Loan Funding 2020-1 will primarily invest in leveraged loans to middle market,...
Blackstone announced today that they have made a significant minority investment in ISN, the global leader in third-party contractor and supplier management software, at a valuation of over $2 billion. The investment is led by Blackstone Growth (BXG), which focuses on...