Vista Equity Partners is almost halfway to raising the $20bn target it set for its flagship fund, according to people familiar with the situation. Led by billionaire Robert F. Smith, the eighth iteration of the private equity firm’s main fund has garnered more than $9...
Blackstone is seeking a tenfold increase of assets in its Asia-Pacific private credit business to tap a market with a growing appetite for such financing. The U.S. alternative asset manager aims to expand its private credit assets to at least $5 billion in the “near...
Japanese buyout firms Japan Industrial Partners (JIP) and Polaris Capital Group are each considering participating in bids for Toshiba Corp. Toshiba, which has been bedevilled by accounting and governance crises since 2015, set up a special committee last month to...
London Student Accommodation (LSAV), the 50-50 joint venture between Singapore sovereign wealth fund GIC and Unite Students has acquired two assets in London for €400m. The properties in Wembley and Whitechapel were sold by the wider Unite group and take the gross...
Chevy Chase’s Arlington Capital Partners LLC has filed documents indicating plans to raise a massive $3.5bn for what would be its sixth fund, and by far its largest yet. The sum would equal more than double what it raised for its fifth fund, which closed three years... 