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Intel

KKR & Co has set its sights on increasing AUM at the private investment firm to at least $1tn in the next five years, and has laid out a plan to scale its core businesses to reach the target, according to a report by Bloomberg.

Event — New York

New York City, NY – Private Equity Wire is back with its Private Credit US Summit, to be held in New York on 23 October 2024. The closed-door event, exclusive to leadership at the biggest private credit funds in the US and worldwide, caters to the entire investment lifecycle – from fundraising to capital deployment, portfolio management and overall firm operations.  

Intel

Troubled global fashion retailer Esprit has entered into talks with an international private equity firm over a potential investment in the business as its European struggles continue, according to a report by Morningstar.

Intel

Blackstone is closing in on a deal with L’Occitane International owner Reinold Geiger to take the global skincare company private, with the world’s largest alternative asset manager potentially providing debt financing for the buyout, according to a report by Bloomberg.

Intel

Ares Management is leading a group of private credit firms including Oak Hill Advisors, providing a debt package of over $1.2bn to CentralSquare Technologies as the software developer looks to refinance its debt, according to a report by Bloomberg.

Intel

US institutional investors are offloading their private equity holdings at slashed prices, reflecting a broader trend of reducing exposure to the illiquid asset class, with pension funds and endowments leading the charge, according to a report by the Financial Times. 

Intel

Private equity firm Summit Partners is considering a sale of Los Angeles-based portfolio company and men’s grooming and personal care brand Dr Squatch at an expected value of more than $2bn, according to a report by Reuters.

Intel

Endeavor Group Holdings, a global sports and entertainment company and the owner of TKO Holdings, is to be acquired by tech investment firm Silver Lake, in partnership with the Endeavor management team and additional anchor investors, in a take private deal with an equity value of $13bn.

Intel

Bridgepoint, a listed private asset growth investor, has sold its investment in Dorna Sports, which holds the global rights to organise the MotoGP and WSBK Championships, to Liberty Media, in a transaction which values the company at €4.2bn.

Intel

Despite critics warning of a potential private credit bubble, the booming $1.7tn asset class is set for further expansion, according to a report by Bloomberg citing Blackstone’s CEO Stephen Schwarzman.

Events

16 May, 2024 – 8:30 am

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