Oaktree Capital seeks to raise $10bn for new fund

Oaktree Capital seeks to raise $10bn for new fund

Oaktree Capital plans to raise $10bn for a new fund that will help finance large private equity takeovers, the Financial Times reported on Tuesday, citing a letter sent to the U.S. asset manager’s clients. The new fund, known as Oaktree Lending Partners, may tap...
SK’s cybersecurity unit sold to private equity fund in $1.5bn deal

SK’s cybersecurity unit sold to private equity fund in $1.5bn deal

SK shieldus, the cybersecurity arm of South Korea’s telecommunications giant SK telecom Co., was sold to overseas private equity fund operated by Sweden’s largest conglomerate Wallenberg Group for about $1.5bn. EQT Partners will acquire part of SK square Co.’s stake...
Rockies-Focused Bison IV Wins $500m in Backing From Quantum

Rockies-Focused Bison IV Wins $500m in Backing From Quantum

Private equity firm Quantum Energy Partners is backing a new iteration of Bison Oil & Gas to pursue deals in the Denver-Julesburg Basin (D-J Basin), and the E&P has already acquired acreage and production through several deals. Houston-based Quantum has...