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Intel

Golub Capital adopts co-CEO model and makes multiple co-President appointments

Golub Capital is restructuring its senior leadership for the first time, naming David Golub (pictured) as co-chief executive officer alongside his brother Lawrence Golub, while also introducing a multi-co-president framework as the private credit firm expands its management bench, according to a report by Bloomberg.

PE-owned life insurers expand private credit exposure

Life insurers owned by PE firms have significantly increased their exposure to private credit markets, deepening ties between the insurance sector and alternative lending ecosystems, according to a report by Bloomberg citing research from the Federal Reserve Bank of Chicago.

Underwriters reprice loans for PEP-backed companies

Financing packages arranged for companies backed by Australia’s Pacific Equity Partners (PEP) have been repriced higher, with banks increasing margins and adjusting maturities as investor appetite for leveraged debt shifts, according to a report by Bloomberg.

TPG frames OpenAI partnership as standard operating model for PE firm

TPG has characterised its new collaboration with OpenAI as consistent with its broader approach to corporate partnerships, positioning the initiative as an extension of its existing operating model rather than a departure into experimental territory, according to a report by Bloomberg.

KKR-backed GMR cuts IPO valuation target to $3.3bn

Emergency medical services provider GMR Solutions, which is backed by private equity major KKR, has reduced the valuation target for its planned US initial public offering to approximately $3.3bn, underscoring continued investor caution with new equity listings, according to a report by Reuters.

Argosy exits aerospace MRO specialist InTech Aerospace

Argosy Private Equity has completed its exit from InTech Aerospace, marking a realisation of its investment in the US-based aircraft maintenance, repair and overhaul (MRO) specialist focused on interior refurbishment services.

Intertek to recommend EQT’s £9.4bn final bid

TOP STORY: Intertek Group Plc is preparing to support a £9.4bn ($12.7bn) acquisition proposal from Swedish private equity firm EQT AB, following a series of previously rejected bids, according to a report by Bloomberg citing a statement from the UK-listed company.

Blackstone preps for third core buyout fund

Blackstone is laying the groundwork for a third vintage of its long-duration private equity strategy, as the alternative asset manager continues to expand fundraising efforts across institutional and wealth channels, according to a report by Bloomberg.

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