Private Equity

Distressed / turnaround

Carlyle winds down China credit team after scrapping potential JV

Managing directors Steve Poon and Ming-Hau Lee, who both specialised in China special situations, left the firm in September to explore new opportunities, PEI has learned.

3 min read · 03 October 2023

Blackstone Tac Opps’ billions of dry powder poised for ‘more interesting’ market

Tac Opps, at home in periods of dislocation, is ready to seize on multiple deal opportunities following 'the fastest and highest rate rise in history', according to global head David Blitzer.

5 min read · 31 August 2023

Why Brookfield is betting big on debt-equity funding and non-control stakes

The Canadian giant, which has invested $3bn in value-based assets through its Special Investments strategy, is in the market with its sophomore offering.

5 min read · 24 July 2023

Apollo to close Fund X in ‘low-$20bn range’

Despite the tough fundraising landscape, Apollo aims to surpass the $130bn it gathered over 2022 this year.

3 min read · 09 May 2023

PODCAST: Dechert's PE co-head on the biggest trends in the industry

Chris Field, who co-leads the law firm's private equity practice and corporate group, sits down with Spotlight to discuss club deals, GP stake sales and creative deal structuring.

1 min read · 02 February 2023

Apollo to keep Fund X in market longer, citing denominator effect

Apollo Investment Fund X began pre-marketing in January; its predecessor reached a final close after less than half a year on the fundraising trail.

3 min read · 02 November 2022

Luxembourg 'number one' jurisdiction for distressed debt funds – EY

Why is Luxembourg an advantageous location for structuring debt platforms? Laurent Capolaghi and Vincent Rémy of EY Luxembourg explain.

5 min read · 01 November 2022

Rhode Island approves $30m commitment

Employees’ Retirement System of Rhode Island has backed Shamrock Capital's private equity debt fund.

1 min read · 08 August 2022

Deals

KPS’s Psaros: ‘Some companies are going to blow up’

A number of turnaround investors have adapted their models to healthier businesses over the past decade amid a shortage of distressed opportunities.

3 min read · 05 January 2022

Secondaries, distressed debt have uptick in LP interest – survey

These two strategies are the only alternative asset classes in which interest grew compared with last year, according to a report by Probitas Partners.

3 min read · 11 May 2020

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