Warburg Turns to Private Debt for $2.3bn Informa Unit Deal

Warburg Turns to Private Debt for $2.3bn Informa Unit Deal

Warburg Pincus LLC has tapped the private credit market to fund its $2.3bn takeover of Informa’s Pharma Intelligence division. It’s the latest example of private equity firms using direct lending to raise M&A financing, instead of public debt markets. Blackstone...
Blackstone Private-Credit BDC Raised $32bn of Cash in 2021

Blackstone Private-Credit BDC Raised $32bn of Cash in 2021

Blackstone raised $32bn of cash last year for a new private-credit fund amid red-hot demand for the growing asset class that offers higher yields and interest payments that rise as inflation jumps. The firm’s Blackstone Private Credit Fund, an unlisted business...
Investcorp seeks $400m for India private equity fund

Investcorp seeks $400m for India private equity fund

Investcorp, the alternative asset manager that lists Mubadala Investment Company as its biggest shareholder, plans to double its private equity investments in India as it looks to grow its portfolio in Asia’s third-largest economy, a senior company executive said. The...