Private credit firm Blue Owl Capital is open to partnering rather than competing with banks to house loans as the pace of such tie-ups in the direct lending space looks set to accelerate, according to a report by Bloomberg.
European private equity major EQT has closed the largest buyout fund in the firm’s 30-year history with €22bn in total capital commitments, taking firm-wide assets to €232bn, according to a report by the Financial Times.
TRP Capital Partners has closed a single asset continuation fund for industrial gas transportation company GenOx Transportation, with Barings, Kline Hill Partners and Adams Street Partners serving as co-lead investors.
Stephen Schwarzman, the CEO of the world’s largest private equity firm, Blackstone, earned $896.7m in pay and dividends in 2023, an almost 30% decline from the record $1.26bn he took home in 2022, according to a report by Reuters.
European growth investment firm Verdane has held final close of Verdane Edda III at €1.1bn, in excess of its original fundraising target. Verdane has now closed two funds above target in the past six months for a combined €2.2bn.
Ares Management’s special opportunities strategy, currently a business within its private equity group, will be joining the firm’s credit group and renamed opportunistic credit.
SeventySix Capital, a VC fund investing in early-stage sports, media and entertainment companies, has promoted Managing Director Chad Stender to Managing Partner alongside the fund’s Founder, Wayne Kimmel.
Global buyout major KKR is closing in on a deal to acquire Broadcom’s VMware end user compute (EUC) business for around $3.8bn, following Broadcom’s $69bn purchase of VMWare last year, according to a report from Reuters.
The UK’s former Deputy Prime Minister Dominic Raab has started new roles with private equity firms Manchester Square Partners and Appian Capital Advisory, according to a report by The Guardian citing the latest MPs’ register of interests as of 19 February 2024.
Dallas-based private equity firm CenterOak Partners has sold SurfacePrep, a global distributor of surface enhancement solutions, to Rhode Island-based middle-market private equity firm Nautic Partners, marking CenterOak’s second exit in 2024 following that of CollisionRight last month.
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
