Hints and tips:
...Several larger firms, including the listed Apollo Global Management, Carlyle Group and Blackstone, have warned they expect to miss initial fundraising targets for their flagship buyout funds....
...The push will also put Oaktree more squarely in competition with large private credit investors such as Apollo Global Management, Sixth Street Partners, HPS Investment Partners and Blackstone....
...Apollo, Brookfield, Carlyle, KKR and JPMorgan all declined to comment....
...Christopher Finn, the longtime chief operating officer at Carlyle Group, is retiring this summer....
...Executives at Brookfield objected to AEL, whose full name is the American Equity Investment Life Holding company, using its resources to back Harris’s 26North Partners, a venture they regard as a new and...
...You know the Carlyle – it has such a rich soul....
...The new conditions will test industry giants such as Blackstone and Carlyle, and dozens of fast-growing firms including Thoma Bravo, Vista Equity Partners and Platinum Equity, which have seen their assets...
...Last month Vista Equity Partners, a private equity investor focused on the technology industry, used a NAV loan against one of its funds to help raise $1bn that it then pumped into financial technology company...
...Global Infrastructure Partners hired Ares Management’s Brian O’Connor as a partner on its credit platform. Eurazeo has promoted Hala Fadel to managing partner to lead its growth strategy....
...Carlyle, meanwhile, purchased collateralised loan obligation manager CBAM Partners. Traditional asset managers have got in on the action too....
...On Wednesday, Silver Lake added BDT & MSD Partners — the private capital firm founded by Byron Trott and Michael Dell — to the consortium....
...It spurred a wave of similar offerings as Blackstone, KKR, Apollo and Carlyle all eventually went public....
...Some of those fund managers, including Carlyle and HPS Investment Partners, purchased the new Citrix debt sold this week, enticed by the high returns on offer, people briefed on the matter said....
...A gambit to raise cash for US rival Carlyle Group’s latest buyout fund has come up short....
...Morgan Stanley led a $1bn credit facility for Blackstone’s $4.6bn acquisition of Cvent, which is majority owned by Vista Equity Partners....
...A single institutional investor may have an investment committee chaired by a private equity partner who is also a major donor....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...Francisco Partners has hired Ashley Evans as a partner focusing on software investments. She was a managing director at Carlyle Group....
...Today you are competing and tomorrow you will bring them in as a partner on a deal. It is the new reality.”...
...She took out a butcher’s cleaver from her dress and smashed the glass on a portrait of the historian Thomas Carlyle....
...influential crop of lenders also financed the $6.2bn takeover of Vista-controlled cloud service provider Datto by its rival Kaseya on Monday, with Golub, Blackstone, Ares, Owl Rock Capital, Oak Hill and Carlyle...
...In October the Swedish car parts maker Veoneer sold itself for a lofty 85 per cent premium to a start-up investment firm, SSW Partners....
...It has been in private equity hands for a decade, since Carlyle bought it from Aviva in 2011....
...Rizzo was until 2019 in a senior M&A role at Bank of America, where he joined after leaving Goldman Sachs where he was a partner....
...Meanwhile, debt financing dried up, shares in Blackstone, Apollo, Carlyle and KKR tumbled, pre-crisis deals for Amex’s business travel unit and Victoria’s Secret were called off, and the hit to portfolio...
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