The firm has appointed co-CEOs to manage a transition process as its CEO James Greenwood announces his retirement.
1 min read · 22 September 2023
Bank sale mirrors similar moves by Capital One and Pacific Western Bank to add liquidity amid market stress.
3 min read · 21 September 2023
Historical trading activity and higher-than-average investor allocations have brewed a ‘perfect storm’ in the country’s real estate market.
5 min read · 21 September 2023
Latest Deloitte survey shows Europe’s deal market weakening further in H1. Plus: Covenant specialist warns on likely recovery rates; and some European pension funds’ key priorities. Here’s today’s brief for our valued subscribers only.
6 min read · 21 September 2023
Getting a fairness or valuation opinion on a private equity GP-led secondaries transaction is a straightforward, albeit costly task. In credit secondaries, however, the rule change creates a cumbersome burden.
3 min read · 21 September 2023
NYSCRF has invested $850m in two private credit funds, managed by KSL Capital Partners and Intermediate Capital Group.
1 min read · 21 September 2023
European transactions have dropped to the lowest number since the covid-19 pandemic broke out, due to a sharp decline in LBO volumes and other difficult market conditions.
2 min read · 21 September 2023
The fund will co-invest in upper-mid-market loans through a partnership with ING Bank.
2 min read · 20 September 2023
Blend and extend is the latest iteration of the ‘extend and pretend’ strategy frequently seen in the wake of the Global Financial Crisis.
6 min read · 18 September 2023
Gilles Dellaert, global head of Blackstone Insurance, will serve as global head of BXCI and lead the business’s combined operations.
1 min read · 18 September 2023
