EQT Infrastructure acquires Madison Energy Investments
Private investment firm EQT’s EQT Infrastructure VI fund (EQT Infrastructure) is to acquire Madison Energy Investments (MEI) from affiliates of Stonepeak Partners LP (Stonepeak). With the acquisition of MEI, EQT Infrastructure VI will be 0-5 per cent invested based on its target fund size of €20 billion (aprox. US$21 billion) The transaction is subject to […]
Euroclear moves into $9.8 trillion private asset market with Goji buy
Private market assets are currently valued at $9.8 trillion and are expected to grow to $14.4 trillion by 2025. This increasing demand is driving innovation and a need for increased efficiencies in the space. The combination of Euroclear’s open infrastructure and Goji’s innovative technology will provide a digital platform enabling end to end access to […]
Recent Rule Changes Spark New Wave of Private Equity Ownership in Pro Sports
The National Basketball Association, Major League Soccer, National Football League, Major League Baseball, and the National Hockey League have all relaxed restrictions that allow private equity firms to acquire minority stakes in teams. In the NBA, the Board of Governors has agreed that private equity could own as much as 20 percent of a single […]
Arena Investors raises $930m for Credit-Focused deals
Arena Investors, a global institutional asset manager specializing in opportunistic, asset and yield oriented investments, today announced the final close of Arena Special Opportunities Partners II, LP and Arena Special Opportunities Partners II. The Fund is oversubscribed at approximately $930m of committed capital, including separately managed accounts investing alongside the Fund. The close exceeds the […]
Moneyball genius Billy Beane and RedBird private equity firm considering bid to buy Chelsea from Abramovich
Billy Beane, the 59-year-old American who became famous for his ‘Moneyball’ approach, has teamed up with US investment firm RedBird Capital Partners led by Gerry Cardinale to form RedBall Acquisition Corp to buy Chelsea from Roman Abramovich. According to ESPN, he has teamed up with US investment firm RedBird Capital Partners led by Gerry Cardinale to form RedBall […]
Brookfield, Sequoia Capital China partner on ‘new economy’ infrastructure
Brookfield Asset Management, the Toronto-based real assets investment manager, and venture capital company Sequoia Capital China announced on Thursday a strategic partnership, focused on supporting entrepreneurs building companies on the mainland. The companies said the new partnership would wed Brookfield’s experience in the financing and operation of infrastructure and other real assets with the experience […]
Star on alert as Blackstone ups Crown bid
Blackstone, which already owns 10 per cent of Crown and is its second-biggest shareholder, lobbed a sweetened takeover offer of $12.50 cash per share, valuing the beleaguered casino group at $8.5 billion. Crown chief executive Steve McCann said the group was considering the offer, which sent the casino giant’s shares soaring 16.57 per cent from […]
Unilever to Sell Lipton Tea Owner to CVC Capital for $5 Billion
Unilever Plc, the owner of Lipton and PG Tips, agreed to sell some tea assets to buyout firm CVC Capital Partners in one of the year’s biggest carveouts by a European company. The transaction values the business at 4.5 billion euros ($5.1 billion) on a cash-free, debt-free basis, Unilever said in a statement Thursday, confirming an earlier report by […]
Blackstone-backed events group sends Clarion call for latest acquisition
Clarion Events is in advanced talks to acquire Consero as owner Blackstone injects a further £20m (approx. $27m) of equity to help its post-pandemic strategy, Sky News understands. The company behind the London International Horse Show is close to acquiring a leading organiser of one-to-one meetings for senior executives, as the industry continues its recovery […]
HIG Capital completes sale of Empire Today
HIG Capital (HIG) has sold its portfolio company, Empire Today to Charlesbank Capital Partners (Charlesbank). Empire Today is the largest shop-at-home, direct-to-consumer flooring company in the United States, operating in over 70 of the largest metropolitan areas in the country. The Company serves residential customers with a wide selection of carpet and hard surface flooring […]
