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Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has named Jack Howell and Luke Taylor as Co-Presidents of the firm, a promotion from their former roles as Co-Chief Operating Officers.
EY has expanded its tax team with the appointment of two new partners, Elliott Morley and Gabriel Iliuta as the firm gears up for an anticipated increase in client demand for specialist private credit advice, according to a report by Consultancy.
Paul, Weiss, Rifkind, Wharton & Garrison LLP has appointed Christopher Sullivan as a partner in the firm’s Mergers & Acquisitions practice in the Corporate Department based in London.
Global alternative investment firm Investcorp’s global technology arm, Investcorp Technology Partners (ITP), is to acquire a majority stake in VEDA, an HR software and digitally enabled payroll-as-a-service provider in the DACH region.
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Air Methods, a private equity-owned medical helicopter company, has emerged from bankruptcy nearly two months after it filed for Chapter 11 protection, according to a report by Reuters. 
Man Group is planning on more acquisitions and hiring new team members, as part of a push towards private credit, according to a report by Bloomberg. 
GED Capital, a private equity group operating in the mid-market segment in Spain, and Grupo Hervaz, holding company of the Vázquez Gavira family, have reached an agreement today for the sale of their stake in Procubitos Europe to Magnum Capital, one of the leading private equity firms in Spain and Portugal.
Swander Pace Capital , a private equity firm specialising in consumer products companies, announced today it has partnered with CDPQ and Roynat Equity Partners  to acquire a majority stake in St-Méthode Bakery, a supplier of healthy, value-add fresh bread products.
Morgan Stanley is considering making an allocation to a new private credit fund that would include capital from external investors, from its balance sheet, according to a report by Bloomberg citing unnamed sources.
Apheon, a European investment firm, has acquired a majority stake in Salpa, a European producer of  high quality food ingredients for the industrial ice cream, dairy and confectionary sectors, from the Cherubini family and Equinox, an Italian private equity investor.

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