EG Group is gearing up for a $13bn IPO on the New York Stock Exchange. The company, co-owned by the Issa brothers and private equity firm TDR Capital, plans to list later this year in one of the largest retail IPOs in recent memory. The IPO will reportedly value the...
Allianz Global Investors closed its Private Markets Credit Opportunities Fund at €1.5bn, exceeding its initial target. The fund aims to provide flexible credit solutions to mid-sized companies across Europe, focusing on direct lending and structured credit...
Texas-based Sallyport Investments closed its first private equity fund at $160m, surpassing its original target. The fund focuses on investing in lower middle-market companies across North America. Key sectors include healthcare, business services, and industrials,...
Ares Management has successfully raised €30bn for its private direct lending strategy, marking the largest fundraise in the firm’s history for this asset class. The strategy focuses on providing bespoke financing solutions to middle-market companies across North...
Franklin Templeton has introduced its first open-end fund focused on secondary private equity. The fund launched with $904.5m in assets under management through partnerships with two U.S. wealth management firms. The Franklin Lexington Private Markets Fund (FLEX) is... 