Why the Private Equity Secondary Market is Poised to Grow

Why the Private Equity Secondary Market is Poised to Grow

The secondary market, where buyers and sellers trade existing interests in private equity funds and their portfolio companies, has grown to almost $90bn, a six-fold increase during the past decade. Private equity has been growing as an asset class with total assets...
Hunter Point buys stake in Iron Park Capital

Hunter Point buys stake in Iron Park Capital

Hunter Point Capital has acquired a minority stake in alternative money manager Iron Park Capital, reuniting two of the three co-founders of Blackstone’s GSO Capital Partners. Terms of the deal, including the size of the stake, were not disclosed in a joint news...
New York Times Co. to Buy The Athletic for $550m

New York Times Co. to Buy The Athletic for $550m

The New York Times Company has reached an agreement to buy The Athletic, the online sports news outlet with 1.2 million subscriptions, in an all-cash deal valued at $550m, The Times said on Thursday. Started in Chicago in 2016 by two media entrepreneurs, Alex Mather...