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Brookfield poised to secure $10bn Colonial Pipeline deal in major energy shake-up

Private Equity Insights

in a deal that could exceed $10bn, including debt. Sources familiar with the matter indicate that Brookfield has advanced past rival infrastructure funds and strategic buyers following the submission of final offers last week. The company is currently owned by private equity giant KKR & Co.,

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Bain Capital closes in on $2.6bn HealthEdge deal in strategic healthcare tech push

Private Equity Insights

The transaction, which includes debt, is expected to be announced in the coming days. Blackstone acquired HealthEdge in 2020 for $700m at the height of pandemic-driven investment in healthcare. Source: Financial Times If you think we missed any important news, please do not hesitate to contact us at news@pe-insights.com.

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NYSTRS committed $400m to private debt last year

Private Equity Insights

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. The pension fund allocated $300m to the OIC Credit Opportunities IV fund, while the remaining $100m was committed to the Peninsula VIII, according to publicly available documents.

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Apollo Provides $1.15bn in Debt Financing for HBC’s $2.65bn Acquisition of Neiman Marcus

Private Equity Insights

Neiman filed for bankruptcy protection in 2020 after the pandemic forced the closing of Neiman and other stores across the United States, crushing the company’s revenues. Read more BlackRock Unveils Climate Policies for $150bn in Funds BlackRock Inc. read more Blackstone’s Zawadzki Sees Private Credit as $25tn Market The $1.7

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Triton raises over €1bn for Debt Opportunities Fund III

Private Equity Wire

Triton Debt Opportunities (TDO), the opportunistic credit arm of European investment firm Triton, has held the final close of its third fund (TDO III) in excess of its original €1bn fundraising target, and 40% larger than its predecessor fund, which closed at €744m in October 2020.

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BCI, CPPIB and PSP Exit Ziply Fiber on BCE Acquisition

Pension Pulse

But the deal is also a gamble, considering investors have worried about BCE’s ability to afford its dividend and pay down debt. The integration matters because investors tend to judge the riskiness of a company’s debt load by comparing it to annual cash flows: “This is a great trade, in sports terms,” Mr. Bibic said.

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Freeland Eyes Power of Canada's Pension Funds?

Pension Pulse

Kevin Carmichael of The Logic reports Freeland eyes power of pension funds to lift Canadian economy: We’ve been conditioned to dismiss federal budgets and fiscal updates as political documents. The Government of Canada shouldn't be hinting at how or where Canada's large pension funds invest. Let's keep it that way.