Intel Record Currency Management names emerging markets CEO Record Currency Management, a $102.2bn alternative asset manager, has appointed Andreas Koester as CEO of EM & Frontier Investments. In his new role, Koester will also lead the firm’s $1bn Record Emerging Market Sustainable Finance Fund (EMSF). 30/04/2024 Intel Record Currency Management names emerging markets CEO 30/04/2024
Intel abrdn sells European PE business to Patria Investments Global investment company abrdn has completed the sale of its £7.4bn European-headquartered private equity operation to alternative investment firm Patria Investments for around £100m, with the business set to be renamed Patria Private Equity Trust.  30/04/2024 Intel abrdn sells European PE business to Patria Investments 30/04/2024
Intel Blackstone ups Hipgnosis bid to $1.6bn Blackstone has upped the ante in the bidding war to acquire troubled music rights business Hipgnosis Songs Fund with an improved $1.6bn offer, trumping a rival $1.5bn bid from Concord, a US-based music investment group backed by Apollo Global Management, according to a report by Reuters. 29/04/2024 Intel Blackstone ups Hipgnosis bid to $1.6bn 29/04/2024
Intel Mayfair Equity Partners appoints two Partners Mayfair Equity Partners, a technology and consumer-focused investment firm with over £2bn in AUM, has appointed two new Partners – Nick Keegan and Yusuf Hoballah – and promoted Abbie Robus to a new senior data role, with all three appointments being internal promotions. 29/04/2024 Intel Mayfair Equity Partners appoints two Partners 29/04/2024
Intel Thoma Bravo to acquire UK cybersecurity specialist Darktrace for $5.4bn Software-focused investment firm Thoma Bravo has reached an agreement with the board of directors at Darktrace, a UK specialist in cybersecurity artificial intelligence, to acquire the business in an all-cash $5.4bn deal. 29/04/2024 Intel Thoma Bravo to acquire UK cybersecurity specialist Darktrace for $5.4bn 29/04/2024
Partner Content Single-asset secondaries offer unique opportunity for buyout-like returns In this Q&A, Nash Waterman (pictured), Portfolio Manager and Head of Private Markets Secondaries at Morgan Stanley Investment Management, discusses the burgeoning opportunity set for single-asset GP-led deals. 29/04/2024 Partner Content Single-asset secondaries offer unique opportunity for buyout-like returns 29/04/2024
Intel KKR looks to private credit firms to finance Perpetual deal A number of private credit firms including Blackstone have held talks with KKR & Co over providing a debt package of at least $525m to support the buyout firm’s bid to acquire Perpetual’s corporate trust and wealth management units, according to a report by Bloomberg. 29/04/2024 Intel KKR looks to private credit firms to finance Perpetual deal 29/04/2024
Intel NextPower V ESG reaches $745m at second close NextEnergy Capital (NEC), a global renewables manager specialising in the solar infrastructure sector, has held the second close of its fifth strategy NextPower V ESG (NPV ESG) with $745m in capital commitments, having raised an additional $265m since first close. 29/04/2024 Intel NextPower V ESG reaches $745m at second close 29/04/2024
Intel Goodwin adds two Partners to UK private equity practice Global law firm Goodwin has appointed Ian Keefe and George Weavil as Partners within the firm’s private equity practice in its London office, which covers M&A, private investment funds and debt finance. 29/04/2024 Intel Goodwin adds two Partners to UK private equity practice 29/04/2024
Intel Blackstone and Goldman to provide funding for $7bn L’Occitane buyout Blackstone and Goldman Sachs are lining up to provide around $1.6bn in funding to support a potential take-private deal for L’Occitane International by the company’s owner Reinold Geiger, which could value the skincare business at about $7bn including debt, according to a report by Bloomberg. 29/04/2024 Intel Blackstone and Goldman to provide funding for $7bn L’Occitane buyout 29/04/2024
