by Sebastian | Aug 5, 2022 | News
ACON Investments, a private equity investment firm based in Washington D.C., announced today the closing of ACON Strategic Partners II, a new single-asset continuation fund of approximately $700m in connection with the partial sale of its ACON Equity Partners IV...
by Sebastian | Aug 5, 2022 | News
Apollo and Belstar Group announced they have agreed to establish a 50/50 joint venture in Korea to provide a wide range of private credit solutions, bringing together the capabilities of Apollo’s global credit platform with Belstar’s longstanding expertise in...
by Sebastian | Aug 5, 2022 | News
New York-based Litmus says that it will focus on acquiring and managing both publishing and recorded music rights, with Carlyle Global Credit committing an initial $500m to do so. Carlyle Global Credit, which has $143 billion in assets under management, is investing...
by Sebastian | Aug 5, 2022 | News
Clearlake Capital announced it has completed the sale of Brightly Software to Siemens AG for $1.575bn of upfront cash consideration, along with $300m in cash earn-out payments, for a total of $1.875bn. Brightly is a software-as-a-service (“SaaS”) provider...
by Sebastian | Aug 5, 2022 | News
London private equity firm Montagu has struck a deal with publishing giant Informa to buy up shipping newsletter Lloyd’s List, one of the world’s oldest continuously running news journals. Montagu Private Equity, which manages €10bn (£8.4bn) worth of assets, has...