Hints and tips:
...It eclipses a $3.8bn loan Hellman & Friedman and Permira raised to fund their buyout of Zendesk in 2022....
...Buyout firms have been hit particularly hard as the cost of the debt they use to fund their deals has increased significantly....
...TPG, which was founded by Jim Coulter and David Bonderman, had begun raising its TPG VII buyout fund in 2014 — shortly after several mega-sized deals made by its previous buyout fund on the eve of the financial...
...TPG VII, which has a $10bn target, has offered discounted management fees for investors that committed large sums early....
...Its latest fund, Blackstone Real Estate Partners VII, which was raised in 2011 has an internal rate of return of 27 per cent....
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...Blackstone’s $13.3bn Real Estate Partners VII fund will make the investment in Top Ryde....
...Blackstone Real Estate Partners VII fund started fundraising last spring and is expected to close later this year. Blackstone declined to comment....
...While the eighth fund is the first global one for Apax (the previous one was still labelled Apax Europe VII), it still aims to invest the majority of the money in Europe....
...CIC bought 9.9 per cent of Morgan Stanley for $5.6bn at the end of 2007, and has also invested in Msref VII Global, Morgan Stanley’s latest property investment fund....
...sent to investors in Apax Europe VII....
...Oaktree has already fully invested the $3.5bn OCM Opportunities Fund VII it raised last year, as it scrambled to seize what many credit investors considered to be a unique opportunity to buy debt in solid...
...Two US private equity funds are paying $436m to take over Landmark Aviation, one of the leading US operators of service bases for users of private jets, from Dubai Aerospace Enterprise....
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