Robert Smith’s Vista Equity Snags Early $9bn for New Fund

Robert Smith’s Vista Equity Snags Early $9bn for New Fund

Vista Equity Partners is almost halfway to raising the $20bn target it set for its flagship fund, according to people familiar with the situation. Led by billionaire Robert F. Smith, the eighth iteration of the private equity firm’s main fund has garnered more than $9...
Blackstone Targets $5bn for Asia Private Credit Business

Blackstone Targets $5bn for Asia Private Credit Business

Blackstone is seeking a tenfold increase of assets in its Asia-Pacific private credit business to tap a market with a growing appetite for such financing. The U.S. alternative asset manager aims to expand its private credit assets to at least $5 billion in the “near...