by Andreea Melinti | Feb 3, 2025 | News
Arcus Infrastructure Partners has acquired a 51% stake in Italian power rental company Powering Srl. The financial terms of the deal were not disclosed. Founded in 2011 and based in Fragagnano, Taranto, Powering operates a fleet of more than 1,500 generators across 55...
by Andreea Melinti | Feb 3, 2025 | News
Blackstone is gearing up to launch its fifth Tactical Opportunities (Tac Opps) fund as its predecessor, Fund IV, approaches $10bn in investable capital. Fund IV officially closed in 2023 at $5.2bn and exceeded its $4.5bn target. It continued raising capital through...
by Andreea Melinti | Feb 3, 2025 | News
Apollo Global Management agreed to provide a $500m hybrid capital solution to Aldar Properties PJSC, marking one of the largest corporate hybrid private placements in the region. This transaction brings Apollo’s total investment in Aldar to approximately $1.9bn across...
by Andreea Melinti | Feb 3, 2025 | News
Ares Management Corporation announced that its Ares European Strategic Income Fund (AESIF) has exceeded €2.2bn in assets under management within its first full year. The open-ended fund, launched in 2024, provides individual investors in Europe and Asia access to...
by Andreea Melinti | Feb 3, 2025 | News
Warburg Pincus and Berkshire Partners have agreed to acquire Triumph Group, a leading supplier of aircraft parts and services, in a deal valued at approximately $3bn, including debt. The private equity firms will pay $26 per share in cash, representing a 39% premium...
