Blackstone, Landmark Properties form $784M student housing joint venture
Blackstone Real Estate Income Trust announced a $784 million joint venture with student housing developer Landmark Properties to acquire and recapitalize an eight-property, 5,400-bed student housing portfolio. The eight assets in this transaction are at “leading universities” where enrollments are on the rise, Blackstone Real Estate senior managing director Jacob Werner said in a statement. […]
Indian startups next only to Chinese counterparts in APAC with USD16.9bn VC funding during January-July 2021, says GlobalData
Despite another third wave of Covid pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be keeping faith with the Indian startup ecosystem. In fact, Indian startups stood next only to Chinese counterparts in terms of VC funding value among the Asia-Pacific (APAC) countries during January to July 2021, reveals GlobalData, […]
Bain-backed Emcure Pharmaceuticals eyes $672 mln IPO
India’s Emcure Pharmaceuticals has filed draft papers with the market regulator for an initial public offering, which a source with direct knowledge of the matter said could be worth up to 50 billion rupees ($671.89 million). Emcure is the latest Indian company to tap capital markets this year in a fund-raising frenzy driven by abundant […]
Actis sells Saavi Energia
Actis, a global investor in sustainable infrastructure, has sold Saavi Energía (Saavi), the fourth largest independent power producer and the largest privately held stand-alone power generator in Mexico, to Global Infrastructure Partners (GIP). Terms of the transaction have not been released. Saavi has a geographically diverse 2.2 net GW portfolio of six CCGTs, three compression […]
Private Equity Firm PAG Eyes Cloud Assets After $2 Billion Bet
PAG will create a new digital infrastructure company after the Asia-focused private equity firm invested in $2 billion of assets in the space, betting on the rising demand for data storage from the region’s fast-growing technology industry. The business will focus on the acquisition of data centers and fiber networks in Japan, Australia and other Asian […]
Goldman’s Petershill Mulls Listing $4 Billion London Vehicle
Goldman Sachs Group Inc.’s Petershill unit, which specializes in buying stakes in alternative asset managers, is considering listing a permanent capital vehicle in London as soon as this year, people familiar with the matter said. Petershill is working with advisers on the potential initial public offering, the people said, asking not to be identified because […]
CVC Capital Nears Stake Sale to Blue Owl at $15 Billion Valuation
CVC Capital Partners is nearing a deal to sell a minority stake to investment firm Blue Owl Capital Inc. in a transaction valuing the European buyout firm at around $15 billion, people familiar with the matter said. The private equity firm could reach an agreement on a stake sale of about 10% in the coming weeks, said the […]
Partners Group to sell Straive
Partners Group, has, on behalf of its clients, agreed to sell Straive, a global provider of technology-driven content and data solutions, to funds affiliated with Baring Private Equity Asia (BPEA). Established in 1980 and headquartered in Singapore, Straive provides a suite of technology-driven platforms and services for the creation, enrichment, and dissemination of e-learning content, […]
Sentinel Capital Partners sells Corporate Visions
Sentinel Capital Partners, a private equity firm that invests in promising lower midmarket companies, has sold Corporate Visions Inc, a US sales and marketing enablement company, to The Riverside Company. The terms have not been disclosed. Based in Reno, Nevada, Corporate Visions offers sales, marketing, and customer success messaging, content, and IP-based training solutions to […]
Software firm Postman valued at $5.6 billion after funding round
Software company Postman said on Wednesday it was valued at $5.6 billion after raising $225 million in a funding round led by venture capital and private equity firm Insight Partners, which is an existing investor in the company. Founded in the Indian city of Bengaluru in 2014, Postman is an application programming interface (API) platform. […]
