by Sebastian | Oct 22, 2021 | News
Advent International is considering buying a stake in a new media rights company being set up by France’s elite soccer league, home to stars such as Lionel Messi and Kylian Mbappe, according to people familiar with the matter. The private equity firm is one of a...
by Sebastian | Oct 22, 2021 | News
Investment firm Blackstone would buy a majority stake in Spanx, valuing the shapewear maker at $1.2bn, the companies said on Wednesday. The deal will allow Spanx to further expand globally and help it strengthen its online business, they added. Spanx founder and Chief...
by Sebastian | Oct 21, 2021 | News
Blackstone is preparing to raise what could be the industry’s largest buyout fund on record. The firm may seek as much as $30bn for its next flagship private equity fund, according to people familiar with the matter. No target has been set but fundraising could begin...
by Sebastian | Oct 21, 2021 | News
BlackRock executives, including CEO Larry Fink leaned hard into the notion of increased exposure to illiquid investments for diversification and enhanced returns. “The drive toward more illiquid investments in equity and debt have exploded because we’ve seen so many...
by Sebastian | Oct 20, 2021 | News
Apollo Global Management said it expects its assets under management to double to about $1 trillion by 2026, setting up a race with fellow investment behemoth Blackstone, which has set the same lofty target. Apollo expects the merger with its insurance affiliate...
