EQT Revives $6.5bn Global Switch Deal

EQT Revives $6.5bn Global Switch Deal

EQT AB has resumed seeking to acquire Global Switch Holdings Ltd. in a deal that could value the data center company at around $6.5bn, people familiar with the matter said, months after earlier talks stalled over disagreements on valuation. The private equity firm is...
Investcorp to Raise $403m in Abu Dhabi IPO

Investcorp to Raise $403m in Abu Dhabi IPO

Investcorp Capital Plc and the Middle East’s biggest alternative asset manager, its parent, are looking to raise as much as 1.49bn dirhams ($403m) in an Abu Dhabi initial public offering. The price range for the investment vehicle was set at 1.90 dirhams to 2.30...
Charlesbank Targets $1.25bn for Third Opportunistic Credit Fund

Charlesbank Targets $1.25bn for Third Opportunistic Credit Fund

Charlesbank Capital Partners is aiming to raise $1.25bn for its third opportunistic credit fund, looking to invest in new corporate loans as well as to purchase them from other private credit shops to take advantage of market dislocations. The fundraising, which so...
GCM Grosvenor Closes $882m Infrastructure Fund

GCM Grosvenor Closes $882m Infrastructure Fund

GCM Grosvenor has successfully closed its CIS III fund with committed capital of $882m, marking a 37% increase from the previous CIS II fund. This latest close has propelled the firm’s total infrastructure fundraising to an impressive $7.8bn since 2021. The...