article thumbnail

Texas Private Equity Firm Merit Energy Co Reserves $1bn For Oil & Gas Investments

Private Equity Insights

Dallas-based private equity firm Merit Energy Co has set aside $1bn, including $485m in a just-closed fund, in dry powder through a strategy that targets mature oil-and-gas fields, the Wall Street Journal reports in an exclusive article. Indeed, the company currently has no assets in some of the most popular U.S.

article thumbnail

JPMorgan targets private credit firm to boost $3.6tn asset management arm

Private Equity Insights

New York-based banking giant JPMorgan Chase & Co is actively seeking to acquire a private credit firm to strengthen its private capital operations within its $3.6tn asset management division.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Goldman Sachs Asset Management raises over $700m for new fund

Private Equity Insights

Goldman Sachs Asset Management said on Thursday it had raised over $700 million for a new fund that will work with external managers to identify investment opportunities in both public and private markets.

article thumbnail

US Private Equity Firm 777 Partners Seek to Raise £171M to Buy Premier League Club After Everton Talks

Private Equity Insights

Read more Searchlight Capital Partners Agrees £470M Takeover of London-listed Gresham House Searchlight Capital Partners is set to acquire asset manager Gresham House for £469.8m

article thumbnail

Oaktree agrees £200m deal for Close Brothers Asset Management

Private Equity Wire

UK merchant banking group Close Brothers Group has officially announced the sale of its wealth management and financial planning division, Close Brothers Asset Management (CBAM), to US private equity firm Oaktree for up to £200m, According to a market announcement, the deal consists of an upfront payment of £172m, consisting of £146m from Oaktree and (..)

article thumbnail

Kahoot! Exits Oslo Stock Exchange After A $1.7bn Acquisition by Goldman Sachs Asset Management Finalizes

Private Equity Insights

, the global learning and engagement platform company, today announced the delisting from Oslo Børs, in a successful acquisition process led by Goldman Sachs Asset Management. Last July, Kangaroo BidCo AS announced a recommended voluntary offer from Goldman Sachs Asset Management, with co-investors General Atlantic FT B.V.

article thumbnail

Eurazeo Sells Stake in MCH Private Equity for €80m Investment in MCH V Fund

Private Equity Insights

French private equity firm Eurazeo has sold its 25% stake in MCH Private Equity, an asset manager specialising in small-cap private equity investments in Spain.

Stakes 130