by Andreea Melinti | Jan 17, 2025 | News
Carlyle, the US private equity giant managing $447bn in assets, is considering selling Calastone, a UK-based funds network and data company. The potential sale, managed by Barclays, could value Calastone at over £600m, or more than 20 times its EBITDA, based on...
by Andreea Melinti | Jan 17, 2025 | News
The $275bn New York State Common Retirement Fund committed $3.3bn to private markets, bringing its alternatives exposure to nearly $100bn. Private equity makes up 14.45% of the portfolio, with real assets and real estate at 13.32% and credit strategies at 8%. These...
by Andreea Melinti | Jan 16, 2025 | News
Palm Peak Capital, a private equity firm launched in 2024 by former Sun Capital Partners executives, has acquired California-based Pacific Shoring Products. This acquisition marks Palm Peak’s first investment and reflects its focus on high-potential industrial...
by Andreea Melinti | Jan 16, 2025 | News
Private equity firms are increasingly using continuation funds to extend ownership of portfolio companies. These funds, which saw rapid growth between 2019 and 2021, provide fresh capital to high-potential assets, ensuring continued value creation. Continuation funds...
by Andreea Melinti | Jan 16, 2025 | News
Colbeck Capital Management closed its $700m Strategic Lending Fund, designed to provide customised financing solutions for middle-market businesses in North America. The fund aims to address the unique needs of companies undergoing transitions or managing complex...