by Sebastian | Nov 4, 2021 | News
Franklin Templeton agreed on Monday to buy investment firm Lexington Partners, which is known for acquiring secondary stakes in private equity funds, for $1.75bn in cash. Several investment firms have purchased secondaries businesses in recent months to tap into the...
by Sebastian | Nov 4, 2021 | News
Apollo Global Management, KKR, Carlyle Group and Blackstone Group have enjoyed record earnings selling off assets in a hot market. Together they handed back $45bn to investors last quarter. Rising markets have fueled the industry’s frenzied pace. Exits by private...
by Sebastian | Nov 4, 2021 | News
Sage Housing has raised £280m through its first sustainable, social and green bond as part of a bid to deliver 20,000 new energy efficient homes. The fast-growing firm, backed by US private equity giant Blackstone, said it raised the funds through a new social housing...
by Sebastian | Nov 3, 2021 | News
The private-equity math for portable toilets looks like this in 2021: a billion gallons of waste handled annually equals a $4bn valuation. Those are, anyhow, the numbers behind Platinum Equity’s deal to transfer ownership of United Site Services Inc. from one of its...
by Sebastian | Nov 3, 2021 | News
Autonomous delivery vehicle maker Nuro raised $600m in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger Global Management, lifted Nuro’s valuation to...
