Strategic Shift: Blackstone, a leading private equity firm, plans to publicly list some of its largest investments, signaling a significant strategic move amid a technology-fueled market rally....
Alarming Default Rates: Private equity-backed firms faced a 17% default rate from Jan 2022 to Aug 2023, nearly double the 9% rate for non-PE firms. Top Sponsors Impacted: Major PE sponsors like...
Strategic Acquisition Target: HPS Investment Partners, a leading $117 billion private credit firm, emerges as a prime $10+ billion acquisition target for BlackRock. Sector Growth: The private credit...
Strategic Hire: Citigroup bolsters its private equity M&A capabilities by hiring John LaVoie, a veteran investment banker with deep West Coast sponsor relationships. Sector Focus: LaVoie's expertise...