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Troutman Pepper adds to PE group

Private Equity Wire

Steinert has extensive experience in private equity leveraged buyout debt financing as well as representing a wide variety of clients on debt financing and related corporate matters. Homer specialises in leveraged buyouts and advising PE clients and their portfolio companies in respect of a wide range of finance transactions.

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RCP Secondary Opportunity Fund IV closes above target at $797m

Private Equity Wire

The fund will target investments, primarily through secondary market purchases or other secondary transactions (through both LP and GP-led transactions), in private equity funds that generally focus on leveraged buyout, growth, or restructuring transactions. Like this article?

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PE firm Roark closing in on $9.6bn Subway deal

Private Equity Wire

Like this article? A previous report by Reuters earlier this month revealed that private equity firms TDR Capital and Sycamore Partners were in talks over a joint bid to acquire Subway, after the family-owned firm said in February it was exploring a possible sale of the business.

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Bain Capital Credit makes $1.3bn of H1 financing investments

Private Equity Wire

Bain Capital Credit’s Private Credit Group invested in 30 businesses across 15 industries in H1 2023, supporting the refinancing, leveraged buyout, and add-on acquisition activity of both new and existing portfolio companies. Like this article?

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Private credit firms discussing $3.4bn Hyland loan package

Private Equity Wire

The report cites unnamed sources as revealing that the transaction also includes a $150m revolving credit facility, putting the total package at $3.4bn – making it one of the largest private credit deals on record – and comes as direct lenders are pivoting to refinancing existing debt from tradionally funding leveraged buyouts.

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PE firms adding hedge funds to approved lender lists

Private Equity Wire

PE firms adding hedge funds to approved lender lists Submitted 16/08/2023 - 11:22am Private equity firms, including buyout major KKR & Co, are beginning to add hedge funds to their 'white lists' of approved lenders used to arrange funding for leveraged buyout deals, according to a report by Bloomberg. Like this article?

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CVC Capital Partners revives stock market listing plan

Private Equity Wire

The firm has ambitions to expand beyond it traditional leveraged buyout background and has already made moves into private credit, and the secondaries market. Like this article? CVC, which has 25 offices around the world, was valued at about €15bn when it agreed to sell a minority stake to Blue Owl’s Dyal Capital unit in 2021.