Ares Raises $1.7 Billion for Australia Private Credit Fund

Ares Raises $1.7 Billion for Australia Private Credit Fund

Ares Management Corp. has raised A$2.6 billion ($1.7 billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first...
Thoma Bravo agrees $1.5bn Everbridge take-private deal

Thoma Bravo agrees $1.5bn Everbridge take-private deal

Everbridge, a specialist in critical event management and national public warning solutions, has entered into a definitive agreement to be acquired by software investment firm Thoma Bravo, in an all-cash take private transaction that values the business at...
Dutch Pension Fund Divests $3B from Fossil Fuel Firms

Dutch Pension Fund Divests $3B from Fossil Fuel Firms

Dutch pension fund PFZW has completed a $3.02 billion (EUR 2.8 billion) divestment of stakes in fossil fuel companies, leaving only seven oil and gas firms in its portfolio. PFZW retained its investment in seven companies: Cosan S.A., Galp Energia, Granuul Invest,...