Banks Ready Sale of $10bn Debt for McAfee Leveraged Buyout

Banks Ready Sale of $10bn Debt for McAfee Leveraged Buyout

Banks are preparing to launch a $10bn jumbo financing backing the leveraged buyout of cybersecurity software maker McAfee, according to people with knowledge of the transaction. An investor group led by Advent International, Permira Advisers and others agreed in...
PeakSpan Capital Closes Third Growth Fund at $567m

PeakSpan Capital Closes Third Growth Fund at $567m

PeakSpan Capital, an investment firm focused on growth-stage business-to-business software companies, today announced that it has closed its oversubscribed third growth fund comprised of a primary vehicle with committed capital of $567m. Fund III’s Limited...
How Blackstone Created a $50bn Non-Traded REIT Behemoth

How Blackstone Created a $50bn Non-Traded REIT Behemoth

  Blackstone has changed this game. It created Blackstone Real Estate Income Trust (BREIT) about five years ago to target individual investors. The non-traded real estate investment trust (REIT) has grown into one of Blackstone’s biggest funds, raising more...
TPG Said to Near Pathology Asia Stake Sale at $2bn Value

TPG Said to Near Pathology Asia Stake Sale at $2bn Value

Private equity firm TPG Capital Asia is close to an agreement to sell a minority stake in Pathology Asia Holdings Pte in a deal that values the health-care business at about $2bn, according to people with knowledge of the matter. Government-backed investors from Asia...