The winners of the Private Equity Wire US Awards 2024, which recognise excellence among private equity fund managers and service providers in the US across a wide range of categories, were announced at an exclusive ceremony and networking event today (9 October), at The Penn Club, New York.
The winners of the Private Equity Wire Global ESG Awards 2024, which recognise environmental, social and governance excellence in private equity, were announced at an exclusive ceremony and networking event today (9 October), at the Penn Club, New York.
Blue Owl Capital is set to acquire IPI Partners, a digital infrastructure investment firm, for approximately $1bn as the firm looks to benefit from the growing demand for data centres driven by the rapid adoption of generative AI, according to a report by Reuters.
Private equity firm Apollo Funds is to acquire aerospace components manufacturer Barnes Group in a take-private deal valued at approximately $3.6bn, with the company’s shares gaining by nearly 3% in premarket trading on the news, according to a report by Reuters.
Private equity firms Calveton and Breal Capital, the owners of high-end restaurants including Quaglino’s and Le Pont de la Tour, have agreed a deal with administrators to rescue 51 of TGI Friday’s 86 UK restaurants, safeguarding around 2,400 jobs.Â
Global private investment giant Blackstone Inc has launched a new Asia-focused private equity fund – its third Asia-buyout fund – with a fundraising target of at least $10bn, according to a report by Reuters.
Ahead of the US ESG Summit in New York on 24 October, Kim Erle (pictured), Global Head of ESG at H.I.G. Capital and a speaker at the event, chats to Private Equity Wire about where we are on building more ESG data transparency, and alignment between LP and GP considerations.
Private equity firm Ares Management and billionaire Joe Tsai are in advanced discussions with Miami Dolphins owner Stephen Ross over the acquisition of stakes in the NFL team and related assets in deals that would value the business at $8.1bn, according to a report by Bloomberg.
Global private investments firm Apollo Global Management has set its sights on doubling its assets under management to $1.5tn by 2029, positioning itself as a major player in global debt underwriting, according to a report by the Financial Times.
TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, and GIC, are to acquire Techem Group, a service provider for smart and sustainable buildings from private markets investment firm Partners Group for €6.7bn.