KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine. The buyout firm agreed to fund on its own the totality of the €2.3 billion ($2.4 billion) purchase price for April...
Lars Windhorst is poised to receive a stake in a subsidiary of 777 Partners LLC in return for his majority stake in Hertha BSC Berlin, people familiar with the matter said, a twist that will keep him indirectly involved at the German football club. US private equity...
New York State Common Retirement Fund, Albany, made six commitments to alternatives during October for a total of up to $1.2bn, according to a notice on the website of New York State Comptroller Thomas P. DiNapoli, the sole trustee of the $233.2bn fund. The pension...
CVC Credit, the global credit management business of CVC, is pleased to announce the final close of its third European Direct Lending fund. CVC, which you can meed at the CEE Private Equity Conference, has raised €6.3bn to deploy across the European Direct Lending...
State of Michigan Retirement System has approved $200m worth of commitments to two Blackstone-managed infrastructure funds, the pension fund disclosed in a board meeting document. The Blackstone Energy Transition Partners IV fund, managed by Blackstone Management...