by Sebastian | May 31, 2024 | News
Family offices in North America allocate 35% of the average portfolio to private equity, the highest regionally, according to the UBS Global Family Office Report 2024. In its latest report, UBS surveyed 320 single-family offices globally with an average net worth of...
by Sebastian | May 31, 2024 | News
Funds advised by European mid-market private equity firm Triton have agreed to sell BlitzLuxCo, the holding company of pharmaceutical packaging producer Bormioli Pharma Group, to Gerresheimer, a systems and solutions provider for the pharma, biotech and cosmetics...
by Sebastian | May 31, 2024 | News
Paris-based private equity firm Jeito Capital will sell its portfolio company HI-Bio, a clinical-stage biotech company focused on immune-mediated diseases, to Biogen for $1.15bn. The deal includes up to $650m in potential payments contingent on milestones being...
by Sebastian | May 31, 2024 | News
The Australian Retirement Trust, a pension fund valued at AUD 260bn ($174bn), plans to increase its private credit allocation over the next year, targeting opportunities in Europe and North America. In an interview with Bloomberg, Andrew Fisher, Head of Investment...
by Sebastian | May 31, 2024 | News
AI hyperscaler CoreWeave, which operates data centres in the US, has secured a $7.5bn debt financing facility led by funds managed by Blackstone with participation from Magnetar as co-lead investor, as well as Coatue Management. Other firms to participate in the...