Apollo and Blackstone Are Stealing Wall Street’s Loans Business

Apollo and Blackstone Are Stealing Wall Street’s Loans Business

On the surface it was a classic leveraged takeover — $1.8 billion of debt to fund the acquisition of Gannett Co. And just like hundreds before it, front and center was Apollo Global Management. Except this time, the private equity giant wasn’t the borrower. It...
KKR Gets Busy in Seattle Real Estate

KKR Gets Busy in Seattle Real Estate

KKR likes the long-term growth trends in Washington’s Puget Sound region, where it purchased two properties for more than $1.2 billion. KKR & Co. has purchased two commercial properties in the Seattle region for more than $1.2 billion, saying it’s drawn to the...
BofA CEO Says Leveraged-Loan Stress Could Ripple Through Economy

BofA CEO Says Leveraged-Loan Stress Could Ripple Through Economy

Bank of America Corp., which tops the league table for U.S. leveraged-loan issuance, is watching that market closely for signs of stress. “The real concern is: Is there too much leverage in the system in certain companies, and if they have trouble, will that impact...
France’s Tikehau Capital in first Spanish private equity deal

France’s Tikehau Capital in first Spanish private equity deal

French investment company Tikehau Capital reached its first private equity deal in Spain with the 81 million euro ($90 million) acquisition of some of the assets of Acek Energias Renovables. Tikehau Capital said on Friday its acquisition of Acek’s biomass assets was...
Blythe Masters Is Back…At A New $473 Million Private Equity Fund

Blythe Masters Is Back…At A New $473 Million Private Equity Fund

The former head of JP Morgan global commodities and CEO of blockchain startup Digital Asset Holdings is back. After quietly stepping away from the heavily funded Digital Asset last year Blythe Masters has joined as an industry partner at the newly launched Motive...