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TwentyFour Asset Management is making a move into the booming private credit space, with the British firm set to launch its debut fund, a Europe-focused vehicle, later this year, according to a report by Bloomberg.
Lantern Limited, a private equity data platform and technology provider, has appointed Tony Paulson as its first Chief Revenue Officer with responsibility for overseeing and driving the firm’s ‘go-to-market’ strategy, operations and initiatives.
Legends Hospitality, a food, beverage, merchandise, retail, and stadium operations firm backed by Sixth Street Partners, is in talks with private credit firms led by Ares Management Corp and KKR & Co to finance its acquisition of venue and events management company ASM Global, according to a report by Bloomberg.
Deutsche Bank AG is launching a new investment manager DB Investment Partners targeting private credit opportunities on behalf of both institutional clients and high net worth investors, according to a report by Bloomberg.
Vertex Ventures Southeast Asia and India has held the final close of its fifth fund, at $541m in capital commitments. The firm, backed by Temasek, says the latest fund is 80% larger than Fund IV, which it closed at $305m in 2019.
White Star Capital has held the first close of its Structured Growth Capital Fund I, a new hybrid investment strategy which combines credit and equity capabilities, with the support of existing and new limited partners.
Altura Capital, a lower-middle market private investment investment firm, has teamed with Perio Health Professionals, a fee-for-service periodontics practice in the United States, to launch Rocket Health Partners, an integrated dental service organisation platform.
Gen II Fund Services, an independent private capital fund administrator, has launched a Strategic & Digital Solutions Group, which will be led by Robert Caporale as Group President, effective immediately.
Charger Investment Partners, a California-based middle market private equity firm focused the industrial, services, and consumer industries has further expanded its investment and operations teams with three new hires. Karen Parks has joined the firm as a Managing Director with responsibility for sourcing, evaluating, and leading investments, as well as supporting the portfolio and contributing to the firm’s strategic direction. Parks has over 15 years of private equity and M&A experience and was most recently a Principal at Gallant Capital. Prior to Gallant, she was a member of the investment team at Levine Leichtman Capital Partners for approximately 10 years
Mubadala
TOP STORY: Mubadala Investment Company, an Abu Dhabi-based sovereign wealth fund, has made a $1bn commitment to $150bn US-based alternative asset manager Blue Owl Capital’s credit platform under a new strategic partnership announced by the two companies on Monday.

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