Global buyouts by private equity firms hit $440 billion in 2017, on a relatively flat deal count to 2016. Private equity firms face stiff competition for lucrative targets, from corporates in particular, with multiples for targets continuing to rise.
Melissa Mittelman and Sarah Syed - Bloomberg
Private credit could one day surpass the private equity industry in terms of assets under management, Carlyle Group LP Co-Founder David Rubenstein said.
Michael McDonald - Bloomberg
The University of Texas Investment Management Co. will examine its $1 billion gold position in the portfolio of the largest public university endowment in the U.S.
Sarah Thompson Anthony Macdonald and Joyce Moullakis - Financial Review
Private equity firm TA Associates is selling its $170 million stake in satellite owner Speedcast International in a block trade via Macquarie.
Anna Hirtenstein - Bloomberg
Denham Capital Management LP, a London-based private equity firm, plans to channel at least $250 million into energy projects in Africa.
Junko Fujita, Takahiko Wada - Reuters
TOKYO - Japan Post Holding Co’s new $1.1 billion private equity fund plans to team up with global buyout firms such as KKR, Blackstone and Permira to invest in companies in Japan and overseas, a senior group executive said.
LONDON - U.S. private equity firm Advent International has agreed to buy British electronics and technology business Laird (LRD.L), the firms said on Thursday, valuing it at around 1.2 billion pounds ($1.65 billion) including debt.
Ronald Quinlan - Independent.ie
US private equity giant Oaktree has completed its acquisition of the Square shopping centre in Tallaght.
Simon Jessop - Reuters
LONDON - Asset manager Schroders posted a forecast-beating 23 percent rise in full-year pretax profit after market gains, acquisitions and inflows of new client money boosted total funds, sending its shares higher.
ANUSHREE MADAPPA - International Business Times
On Wednesday, New York Times reported that private equity firm Apollo Global Management and Citigroup extended loans that amounted to more than half a billion dollars to a company owned by the family of President Donald Trump's son-in-law Jared Kushner.