Record Low Fees: Private equity management fees have dropped to a record low of 1.74%, driven by larger firms offering discounts and smaller firms cutting rates to remain competitive. Fundraising...
Strategic Acquisitions: Mubadala Capital is actively pursuing large private equity stakes, aligning with its long-term investment philosophy focused on capital preservation and downside protection....
Competitive Bidding Frenzy: Banks and private credit firms are engaged in an intense bidding war to secure a $5 billion debt financing deal for Bausch + Lomb, a prominent player in the eye care...
Strategic Acquisition: KKR expands its industrial real estate footprint with the acquisition of four Class A warehouses totaling 1.2 million square feet in Central Florida. Prime Location: The...
Intense Bidding War: KKR and Bain Capital are locked in a fierce $4 billion battle to acquire Fuji Soft, a leading Japanese tech firm. Strategic Asset: Fuji Soft's expertise in software development...
Strategic Acquisition: Permira completes $7.2B acquisition of Squarespace, a leading website building platform, in one of the largest tech take-private deals of 2024. Growth Enabler: The deal aligns...
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...