Software focused private investment firm Thoma Bravo is aiming to raise up to $2.74bn by selling approximately half of its current shareholding in Nasdaq Inc as it looks to reduce its stake in the business acquired during a transaction last year, according to a report by Bloomberg.
Blackstone is intensifying its focus on international credit opportunities, and is aiming to grow its portfolio to include a wider range of debt, including local-currency investments, according to a report by Bloomberg quoting the company’s Global Head of Credit & Insurance, Gilles Dellaert.
Blackstone’s inaugural private equity fund targeting Japanese individual investors has raised $1.2bn just four months after launch, on the back of increasing interest in alternative assets in the country, according to a report by Bloomberg.
US-based private equity firm Stonepeak has agreed to an all-cash deal to acquire New Zealand-based senior care specialist Arvida Group for NZD1.24bn ($745.74m) excluding debt, according to a report by Reuters.
Blackstone has reported a 3% increase in second-quarter distributable earnings compared to the previous year, attributed to significant asset sales in its private equity and credit divisions, which offset a downturn in real estate, according to a report by Reuters.
Mid-market private equity investment activity in the UK declined by 11% in the first half of 2024, as challenging macroeconomic conditions persisted, according to KPMG UK’s latest mid-market private equity analysis.
Global credit-focused alternative asset manager Oak Hill Advisors has formed a new partnership with One Investment Management, a global alternative investment manager, to invest up to $5bn in European private credit.
Macy’s took a big hit to its stock price on Monday with news that the US rental giant was terminating discussions with private equity firm Arkhouse Management and Brigade Capital Management over a potential takeover prompting a 13% fall, according to a report by Business Insider.
Oanda Global Corporation, an established online retail trading platform, has been put up for sale by its private equity backer, CVC Capital Partners, with the sale being managed by bankers at Nomura and Santander, according to a report by Sky News.
Bain Capital, a US private investment firm with around $185bn of AUM, is to acquire wealth management software company Envestnet in a deal valued at $4.5bn, according to a report by the Wall Street Journal.