Hints and tips:
...It said it was “highly confident” that it would be able to commit the sums required “from both TPG funds and our limited partners, without the participation of other financial sponsors”....
...Private equity buyers see an opportunity that has sometimes played out inside their own firms....
...Some are seeing opportunities, too....
...a “superior equity value opportunity for all parties”....
...The combined company expects to capitalise on new investment opportunities that emerge from rising interest rates and a looming credit crunch that could spark a rise in defaults, said chief executive Jon...
...Even higher-quality companies are getting shut out, with single-B and single-B minus rated loan issuance in the US down more than 70 per cent from 2021 levels....
...A few corporate buyers have helped private equity LPs this year....
...On CAA’s side, “I think what interested them is that they didn’t want to go from fund to fund any more . . . so when they were approached they were responsive and quite receptive,” the person added....
...The fund was meant, in theory, to keep the firm close to the best companies, benefiting founders and LPs alike....
...Today, there are about 365,000 Bloombergs on the desks of investment bankers, bond traders, equity analysts, pension fund managers, sovereign wealth funds and central bank officials....
...Royal real estate King Charles III began building a property empire long before he inherited the crown....
...BREIT is now a central plank in Blackstone’s attempt to broaden out from selling its funds to big institutions like sovereign wealth funds and pension plans to “ordinary” (ish) investors....
...The financiers behind the newly launched $7bn-plus TPG Rise Climate fund think so....
...Unless that ruling is overturned, neither she nor Black will have an opportunity to testify....
...Private capital groups such as TPG, Brookfield and General Catalyst have all raised multibillion-dollar funds and Tom Steyer, the former US presidential candidate, hopes to follow suit in 2023....
...The family holds 95 per cent of the class B voting shares that allow it to elect about 70 per cent of the board....
...It’s not the first time Mishcon has been accused of mishandling funds....
...In going public, TPG is preparing to dramatically expand its platform, which has $109bn in assets, by launching new funds and investment products and striking acquisitions. TPG raised $1bn in the IPO....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...“There are so many opportunities. Today you are competing and tomorrow you will bring them in as a partner on a deal. It is the new reality.”...
...For private equity groups, many of whom now manage large credit investing businesses, these speciality finance platforms offer an alternative to corporate bonds and a growth opportunity....
...DPI’s African Development Partners III Fund exceeded its target of $800m and has secured an extra $250m to co-invest in specific companies....
...It has also been a huge moneymaking opportunity for private investors....
...KKR itself is aiming to raise about $12bn for its latest infrastructure fund, a jump from the $7.2bn value of its predecessor fund. Meanwhile, governments are promising huge rises in expenditure....
...Ben Dell, managing director at Kimmeridge, another PE fund that is investing in shale while others flee, agrees that ESG now offers an opportunity....
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