Blackstone has completed an investment in Lionpoint Group. Financial terms weren’t announced. Lionpoint, of New York, is a consult-tech firm for alternative investment managers. PRESS RELEASE NEW YORK, Feb. 20,… read more →
By Nadim Malik and Brenden Gobell, Sutton Place Strategies As private equity and M&A activity gains momentum in 2019, the question on everyone’s mind is, “How long can the current… read more →
U.S. investment firms BlackRock Inc and KKR & Co Inc are in advanced talks to take a $4 billion to $5 billion stake in Abu Dhabi National Oil Co’s (ADNOC)… read more →
An investor group led by Atlas Merchant Capital LLC is buying just under 25 percent of Ascensus. Financial terms weren’t announced. GIC, Singapore’s sovereign wealth fund, is part of the… read more →
U.S. oil pipeline operator Targa Resources will sell a 45 percent stake in some of its assets in the Bakken region for $1.6 billion as it looks to reduce debt,… read more →
British education company Pearson said on Monday it had agreed to sell its U.S. K12 courseware business to Nexus Capital Management LP for $250 million as it shifts its focus… read more →
Jinko Power, Ardian Infrastructure and White Summit Capital have agreed to construct and operate La Isla, a solar photovoltaic plant near Seville, Spain. The plant is currently in development and… read more →
General Atlantic is in talks to sell its 20 percent stake in Mu Sigma to Carlyle and KKR in separate transactions, according to Livemint. GA’s stake is expected to be… read more →
Navient Corp has rejected a $3.2 billion offer from Canyon Capital and Platinum Equity Advisors LLC because it’s too low, the Wall Street Journal reported. Navient, of Wilmington, Delaware, is… read more →
By JP Flaum, Green Peak, and Jeff Warren, Russell Reynolds New CEOs often come into portfolio companies with guns blazing, ready to change the world. But here’s one thing they… read more →