by Sebastian | Feb 16, 2022 | News
New Zealand Rugby said Thursday it had secured a lucrative investment from US private equity firm Silver Lake after overcoming opposition to the deal from the players’ union. The partnership will see Silver Lake put $134m into a joint commercial entity, which...
by Sebastian | Feb 16, 2022 | News
Private equity major Apax Partners is already eyeing up to $13bn for its latest flagship fundraise, just a year after closing its $11bn Fund X vehicle. The firm is set to pick up a $100m commitment from the Minnesota State Board of Investment according to the pension...
by Sebastian | Feb 16, 2022 | News
Buyout groups CVC Capital Partners and Brookfield and two Abu Dhabi state funds have bid to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group, two sources familiar with the deal said. Kuwait-based Alshaya Group,...
by Sebastian | Feb 16, 2022 | News
Blackstone‘s growth arm has helped online visual media business Cloudinary to a $2bn valuation through a new investment round. The deal comes just a couple of months after Cloudinary reached $100m in annual recurring revenue. Blackstone has invested more than $100m in...
by Sebastian | Feb 16, 2022 | News
Blackstone is buying apartment owner Preferred Apartment Communities Inc. in a deal valued at $5.8bn, extending its bet on rental housing across Sun Belt states. Blackstone will pay for $25 a share in cash for the Atlanta-based real estate investment trust, according...