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...
Goldman Sachs’s Buyout Arm Agrees $2bn Deal for Norgine

Goldman Sachs’s Buyout Arm Agrees $2bn Deal for Norgine

Goldman Sachs Group Inc.’s private equity arm has agreed to buy a controlling stake in Norgine BV from the specialty pharmaceutical company’s founding Stein family. The deal was announced in a statement Thursday that confirmed an earlier Bloomberg News report....