Private Equity
Apollo Global Management unveiled plans to offer credit investments to individual investors through a partnership with Oppenheimer Funds in what will be the firm’s first relationship with a so-called 40-Act mutual fund. Apollo also is working on other avenues to tap into retail investors, with more details expected later this year.
3 min read · 05 February 2015
Two jumbo M&A loans totaling $12 billion in the challenging retail sector are giving a volatile and cautious U.S. leveraged loan market its first test of the year, as increased government scrutiny makes it more difficult to syndicate riskier deals, Reuters reported.
2 min read · 03 February 2015
The Blackstone Group raised about $500 million last year for a new strategy aimed at individual investors, part of a huge fundraising year for the world’s largest private equity firm.
2 min read · 29 January 2015
TPG Capital Management LP has hired investment bank Lazard Group LLC to sell Australian gas and electricity retailer Alinta Energy in a deal worth about A$4 billion ($3.54 billion), three sources close to the transaction told Reuters news service.
2 min read · 29 October 2014
Women’s apparel retailer Ann Inc said it had entered into a confidentiality agreement with private equity firm Golden Gate Capital, a month after some hedge funds pushed the company to sell itself, according to news service Reuters.
1 min read · 14 October 2014
Wayfair Inc’s shares rose as much as 27 percent in their market debut on Thursday, Oct. 2, valuing the online home furnishings retailer at about $3.06 billion, according to sister news service Reuters.
2 min read · 13 October 2014
Buyout shop Sycamore Partners said it was interested in acquiring apparel retailer Express Inc and asked the company to allow it to perform due diligence.
1 min read · 30 June 2014
ICV Partners, which has been fundraising, has put Marshall Retail Group up for sale, two sources said.
2 min read · 23 April 2014
David Rubenstein, co-founder and co-CEO of the Carlyle Group, and a proponent of the democratization of private equity, suggested this week his firm was working on a fresh offering aimed at retail investors.
2 min read · 27 March 2014
The summer of 2007 stood out as a time of frothy acquisitions for buyout firms. But among all the mega-deals being done, the sale that year of mid-sized retailer Spencer Spirit Holdings Inc to a U.S.-based fund of ACON Investments LLC didn’t attract much attention.
4 min read · 19 March 2014
