by Sebastian | Aug 23, 2022 | News
Seawall Capital has taken a majority stake in Sports Endeavors, the owner of sports apparel brands such as Soccer.com and 431 Sports. Sports Endeavors is the team behind Soccer.com, the leading source for player and fan gear in the U.S. Soccer.com partners with...
by Sebastian | Aug 23, 2022 | News
Investors in buyout funds haven’t had to worry about cash calls for a while. When asked for fresh capital by Blackstone and others, they could find the money in a steady stream of profits from older vintages. That won’t work in a prolonged market slump. Private-equity...
by Sebastian | Aug 23, 2022 | News
Intel and Canada’s Brookfield Asset Management agreed to jointly fund up to $30bn for the U.S. chipmaker’s leading-edge chip factories in Arizona, fueling Intel’s ambition to bring more chip production onshore without weighing on its balance sheet....
by Sebastian | Aug 23, 2022 | News
The private-equity firm Blackstone Group bought a minority stake in Sunstone Hotel Investors, which owns and operates 15 U.S. hotels, according to financial documents filed last week. The investment was notable less for its size than what it indicated about market...
by Sebastian | Aug 23, 2022 | News
Japan’s Olympus Corp is close to selling its microscope unit to a private equity firm in a deal that could fetch more than $2.2bn, three people with direct knowledge of the matter told Reuters. Bain Capital has emerged as the frontrunner, said one of the people and a...
