by Sebastian | Oct 12, 2021 | News
Blackstone is setting out to raise one of the largest growth equity funds on record. The investing giant may seek as much as $10 billion for a second fund targeting fast-growing companies, more than twice the size of its debut fund for that strategy, according to...
by Sebastian | Oct 12, 2021 | News
The European private markets industry is still in the early stages of transformation, with ESG funds expected to skyrocket in the next four years to €1.2tn in assets, according to a new study by PwC. Private market ESG assets in the region have already more than...
by Sebastian | Oct 12, 2021 | News
Blackstone has moved into the lucrative music copyrights market by backing Merck Mercuriadis’s music investment firm Hipgnosis with $1bn firepower to snap up music rights and manage catalogues. As part of the deal, Blackstone will take an ownership stake in...
by Sebastian | Oct 12, 2021 | News
One of the world’s biggest specialist real estate investors is mulling an £850m takeover bid for Park Holidays, the UK resort operator. Sky News understands that Starwood Capital, run by Barry Sternlicht, is among the parties shortlisted by advisers to Park...
by Sebastian | Oct 12, 2021 | News
GlaxoSmithKline Plc’s consumer unit is drawing interest from private equity firms in what could lead to the biggest buyout of all time, people with knowledge of the matter said. The drugmaker’s advisers are informally fielding interest in the operations alongside...