Remove 2016 Remove Leveraged Buyouts Remove Stakes
article thumbnail

Carlyle secures private credit loan for WSG deal

Private Equity Wire

Carlyle Group has secured private credit financing to acquire a majority stake in Australian waste management company Waste Services Group (WSG), according to a report by Bloomberg, citing sources familiar with the matter. The funds will support Carlyles purchase of the stake from Livingbridge, the anonymous source said.

article thumbnail

Diligent’s PE owners mull $7bn sale

Private Equity Wire

The potential move comes as private equity firms look to exit older investments after a period of slowed deal-making, largely due to high interest rates that have increased the cost of financing leveraged buyouts. Insight Partners initially acquired Diligent for $624m in 2016, taking it private from the New Zealand stock exchange.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AlbaCore eyes €2bn in senior lending initiative

Private Equity Wire

The report cites unnamed sources familiar with the matter as revealing that the new fund will provide senior secured loans to finance European leveraged buyouts. The firm was founded in 2016 by former Canada Pension Plan Investment Board executive David Allen.

article thumbnail

This Week in Pensions & Investments: 10-11-2023

Pension Pulse

Invested £93 million in a debt facility to Vårgrønn, owner of a 20% stake in Dogger Bank Wind Farm, which is an offshore wind farm currently under construction, located off the coast of the U.K. LongPoint Minerals, LLC and LongPoint Minerals II, LLC acquired their assets between 2016-2021. KSI”), owned by MLSE Chair Larry Tanenbaum.

article thumbnail

Blackstone’s flagship buyout fund falls short

Private Equity Wire

Private equity fundraising has faced headwinds, with high borrowing costs dampening institutional investors appetite for leveraged buyouts. Blackstones 2020 buyout fund ranked in the bottom quartile among peers based on internal rate of return, according to MSCI data as of September 2024.

Buyout 40
article thumbnail

Transcript: William Cohan

The Big Picture

So, I graduated from business school in 1987 and went to GE Capital for two years, financing leveraged buyouts. I mean, you know, I probably shouldn’t have been doing it because I had been a journalist covering public schools and knew nothing about leveraged buyouts. And I actually started out of business school.

Banks 103