by Sebastian | Dec 8, 2022 | News
CVC Capital Partners is exploring options for Razer Inc., less than a year after taking the gaming peripherals maker private in a $3.2bn deal, according to people familiar with the matter. The buyout firm is conducting a strategic review of Razer and has held initial...
by Sebastian | Dec 8, 2022 | News
Blackstone Chief Executive Stephen Schwarzman said on Wednesday that redemptions in his firm’s $69bn non-traded real estate income trust (REIT) were driven by investors roiled by market volatility rather than dissatisfaction with the fund. Blackstone shares have...
by Sebastian | Dec 8, 2022 | News
Deutsche Bank AG’s asset management arm DWS Group is considering a sale of its private equity secondaries business as part of a plan to pull back from areas where it doesn’t have sufficient scale. DWS has been pitching the unit to interested parties, people familiar...
by Sebastian | Dec 8, 2022 | News
Private equity investor Partners Group has taken control of Breitling after increasing its stake from the 25% it acquired in 2021 to over 50%. The transaction values Breitling at $4.5 billion, according to Bloomberg. London-based CVC Capital, which bought Breitling...
by Sebastian | Dec 8, 2022 | News
Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the simultaneous closings of Sentinel Capital Partners VII, LP at $4.3bn and Sentinel Junior Capital II, LP at $835m. These twin closings cap a $5.2bn...