Cinven raises $14.5bn eighth flagship fund

Cinven raises $14.5bn eighth flagship fund

International private equity firm Cinven has held the final close of its latest flagship fund, the Eighth Cinven Fund (‘Fund 8’), at its hard cap of $14.5bn (€13.2bn), nearly 30% larger than its 2019 vintage predecessor fund. According to Stuart McAlpine, Managing...
Blackstone commits to $2.41B investment into NiSource

Blackstone commits to $2.41B investment into NiSource

Blackstone Infrastructure will invest $2.41 billion in the Northern Indiana Public Service Company (NIPSCO), a unit of NiSource, the company announced Tuesday. The deal involves Blackstone acquiring a 19.9% indirect non-controlling equity interest in NIPSCO for $2.16...