Private Equity Wire US Credit Awards 2024 30/04/2024 AWARDS Private Equity Wire US Credit Awards 2024 12 September, 2024 - 6:00 pm 12 September, 2024 - 9:00 pm Convene 101 Park Avenue, New York, United States
Intel PE fund closings plummet in first quarter Private equity fund closings fell by 37% in the first three months of the year compared with the same period in 2023, to just 150, the lowest figure seen in any quarter since 2018, according to a report by Pensions & Investments. 30/04/2024 Intel PE fund closings plummet in first quarter 30/04/2024
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 promotes two to Partner Mayfair Equity Partners, a technology and consumer-focused investment firm with over £2bn in AUM, has promoted Nick Keegan and Yusuf Hoballah to Partner, and Abbie Robus to Senior Associate. In addition, Maria Carradice is taking on a new senior role to lead the delivery of Mayfair’s evolving data strategy. 29/04/2024 Intel Mayfair Equity Partners promotes two to Partner 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