Former TPG credit arm Sixth Street Partners has reportedly brought in another $10bn for its nine-year-old flagship fund after it re-opened the vehicle amid huge opportunities thrown up by the coronavirus crisis.
The $431bn-managing Canada Pension Plan Investment Board is the latest major institutional investor to see its quarterly returns stutter amid the coronavirus pandemic.
The UK government is reportedly searching for a way to offer state-backed loans to debt-heavy private equity-backed businesses to bolster struggling high street retailers, the FT has said.
Brookfield Asset Management has raised $23bn in its best-ever quarter for fundraising as capital continues to pour in to its huge distressed debt vehicle.
Churchill Real Estate has picked up $2bn of new institutional capital as it looks to capitalise on residential transition lending.
Intermediate Capital Group is reportedly in talks with LPs over raising a €1bn 'recovery fund' to invest in business opportunities thrown up by the Covid-19 pandemic.
Alternative investment manager Ares Management bagged $9.1bn in new fund commitments in the second quarter of the year despite dealing with the coronavirus fallout.
Private debt fundraising is on pace for its slowest year in half a decade - but will a surge of newly-launched opportunistic vehicles hoping to profit from the coronavirus crisis turn those numbers around?
Blackstone has hired former Amazon Web Services senior exec Christine Feng as a senior managing director targeting tech deals for its opportunistic investment platform Tactical Opportunties.
Struggling private equity-backed restaurant group Pizza Express is set to be largely taken over by bondholders as the business reels under the strain of the coronavirus lockdown.
The $42.3bn-managing Illinois Municipal Retirement Fund has agreed a trio of new private equity commitments worth $125.
MSD Partners, a subsidiary of Michael Dell's family private investment firm, has soared past its latest fundraising target to reach an $825m final close.
The private equity arm of Goldman Sachs is reportedly eyeing up to $17bn across a pair of new fundraises targeting private debt and special situations investments.
Adams Street Capital Partners has reportedly pulled in almost $1.1bn for an interim close of its new private credit fundraise.
Private equity firms including Apollo Global reportedly remain wary of investing in troubled car rental business Europcar amid owner Eurazeo asking for last-ditch bids ahead of a potential restructuring.
Investcorp has hit a €250m final close for its second CLO fund of the year to bring its total assets under management in the asset class to more than €7bn.
Financial services-focused private equity specialist AnaCap Financial Partners has promoted a trio of long-serving executives to partners.
FinTech Mediant’s investors have injected a further $18.5m into the company to fuel the next stage of its strategic growth.
KKR has raised a smaller sophomore fund in its real estate credit strategy, pulling in $950m for the final close of the vehicle.
New York investment house Z Capital Group has brought in Laura Krivec as director for corporate development.
