Edition:
United States

Chibuike Oguh

Blackstone raises $20.5 billion for largest ever real estate fund

Sep 11 2019

Sept 11 U.S. private equity firm Blackstone Group Inc said on Wednesday it has raised the largest ever real estate fund, amassing $20.5 billion to be invested in property assets around the world.

Exclusive: KKR explores $5 billion sale of Epicor Software - sources

Aug 22 2019

Buyout firm KKR & Co Inc is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion, including debt, people familiar with the matter said on Thursday.

Advent International nears $2 billion fundraising goal for tech fund - sources

Jul 31 2019

Advent International, a U.S. private equity firm with $36 billion in assets under management, is set to raise $2 billion for its new technology-focused fund, people familiar with the matter said on Wednesday.

Carlyle to give shareholders a vote in switch to corporation

Jul 31 2019

Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first U.S. private equity firm to hold shareholder votes.

Carlyle to give shareholders a vote in switch to corporation

Jul 31 2019

July 31 Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first U.S. private equity firm to hold shareholder votes.

KKR's distributable earnings beat estimates despite steep decline

Jul 25 2019

Private equity firm KKR & Co Inc reported a smaller than expected 19% drop in second-quarter distributable earnings on Thursday, as a surge in transaction and management fee revenue helped offset some of the decline in performance fee income.

Buyout firm Arcline Investment to buy Baker Hughes unit

Jul 18 2019

Arcline Investment Management, a U.S. private equity firm founded by former Golden Gate dealmaker Rajeev Amara, said on Thursday it would buy a unit of Baker Hughes , General Electric Co's oil-servicing subsidiary.

Blackstone reports better-than-expected Q2 distributable earnings

Jul 18 2019

Blackstone Group Inc , the world's largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year, more than most analysts expected.

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