FEIP exceeds initial hard cap with further interim close at EUR787m
Foresight Group Holdings Limited (Foresight), an infrastructure and private equity manager, announces a further interim close for Foresight Energy Infrastructure Partners (FEIP), a sustainability-led energy infrastructure fund investing predominantly in Europe, having secured total commitments of cEUR787 million. Including co-investments to date of EUR170 million, this represents a total capital pool of cEUR957 million for […]
CVC-backed German gambling group Tipico joins £1.5bn race for William Hill
Tipico Group is among the frontrunners to buy William Hill’s British betting shops and online operations for more than £1.5bn, Sky News learns. A German sports-betting group owned by one of the world’s largest private equity firms has joined the £1.5bn race to take control of William Hill’s operations in Britain. Sky News has learnt […]
Blackstone Gives $2.2 Billion Loan as Private Debt Sets Records
Blackstone Group Inc. teamed up with other lenders to provide $2.15 billion of financing directly to Cambium Learning Group Inc., bypassing banks in one of the biggest such loans that investors have made. Companies have been getting bigger and bigger loans straight from investors without banks intermediating, as money managers have grown eager to deploy […]
Apollo Books $1.6 Billion Gain Selling Hospital Chain to Itself
Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund. The firm’s eighth flagship fund completed the sale to its ninth last month for $2.6 billion, after investing a total of $975 million in Brentwood, Tennessee-based […]
Ares SSG closes third secured lending fund at USD1.6bn
Ares SSG has held the final close of its third Secured Lending Opportunities Fund III (SLO III), with capital commitments of more than USD1.6 billion, which Ares believes makes it the largest pan-Asian secured lending fund to date. The close of SLO III marks the establishment of Ares SSG’s eighth fund and has attracted a […]
QIA to invest USD200 million in Airtel Africa’s mobile money business
Qatar Holding, an affiliate of the Qatar Investment Authority (QIA), is to invest USD200 million in Airtel Mobile Commerce BV (AMC BV), a subsidiary of Airtel Africa. AMC BV is the holding company for several of Airtel Africa’s mobile money operations; and ultimately is intended to own and operate the mobile money businesses across all […]
Storebox raises EUR52m in financing
Vienna-based logistics and warehousing start-up, Storebox, has just raised EUR52 million in a series B investment round. The new investors are mostly international, and include Activum SG, Attila Balogh, Kineo Finance, n3K Holding, Senger-Weiss, Wicklow Capital and Wille Finance. Existing investors Romulus (Hansi Hansmann) and APIC Investments also participated in the round. The Storebox founders […]
Blackstone appoints Head of Blackstone Innovations Investments
Blackstone has appointed Stevi Petrelli as Head of Blackstone Innovations Investments (BXI Investments) where she will be responsible for overseeing the firm’s internal investments in early-stage PropTech, Enterprise Tech, Cybersecurity and FinTech companies. Petrelli has joined as a Managing Director and, in this newly created role, will work across Blackstone’s Technology & Innovations, Growth, Real […]
FRP advises on deals worth GBP1.9bn in last 12 months
Specialist business advisory firm FRP has reported a record 12 months during which its corporate finance and debt advisory team advised on 81 transactions with a combined enterprise value of GBP1.9 billion. The news follows a record period of growth for the firm, which has seen its corporate finance and debt advisory team treble in […]
Macquarie Asset Management closes sixth Americas infrastructure fund with USD6.9bn in commitments
Macquarie Asset Management has held the final close of Macquarie Infrastructure Partners V (MIP V) after reaching USD6.9 billion in commitments. MIP V is Macquarie Asset Management’s sixth Americas-focused, unlisted infrastructure fund. It continues the investment strategy of the MIP platform, which spans nearly two decades of local operational expertise and long-standing sector relationships in […]
