article thumbnail

PE rethinks NAV loans as investors push back

Private Equity Wire

Buyout firms have long relied on controversial loans backed by equity stakes to enhance fund returns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. Many firms borrowed against their portfolio companies to sustain the private market boom while dealmaking dwindled.

article thumbnail

KKR to buy chemical maker Chase in $1.3bn deal

Private Equity Insights

billion including debt, to help the private equity firm bolster its holdings in the chemical specialty sector. read more Blackstone Becomes First $1tr Private Equity Manager Passing that milestone puts the firm in the same league as mutual fund behemoths and banking.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Searchlight acquires Gresham House for £470m

Private Equity Insights

(Alliance News) – Gresham House on Wednesday said that its shareholders approved the planned takeover by US-based private equity and debt investor Searchlight Capital Partners. read more The post Searchlight acquires Gresham House for £470m appeared first on Private Equity Insights.

article thumbnail

Emera sells New Mexico Gas Company to Bernhard Capital in $1.25bn deal

Private Equity Wire

Emera, an international energy and services company, is to sell its wholly owned operating company, New Mexico Gas Company, to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for an aggregate transaction value of $1.252bn.

article thumbnail

Affiliates of Paceline Equity Partners Acquire Full-Service Renaissance Dallas at Plano Legacy West

Private Equity Insights

Affiliates of Paceline Equity Partners, LLC, a Dallas-based private equity manager, today announced that they have acquired the Renaissance Dallas at Plano Legacy West Hotel, a full-service, upscale hotel located in the Legacy West development in Dallas, TX.

article thumbnail

Private Equity Wire US Awards 2024 winners announced

Private Equity Wire

The winners are: Managers Performance of the Year – Capital Raise: Buyout – Hellman & Friedman (Hellman & Friedman Capital Partners XI) Performance of the Year – Capital Raise: Fund of Funds – Goldman Sachs Asset Management (Private Equity Managers 2023) Performance of the Year – Capital Raise: Growth – Wellington Management (..)

article thumbnail

CPP Investments Plows Into Private Equity in Fiscal Q3 2025

Pension Pulse

Investors have begun allocating more to private equity strategies than private debt, according to iCapital, which has more than $200 billion in alternative assets on its marketplace for money managers. Third-Quarter Investment Highlights Active Equities Invested 600 million through a private placement for a 1.3%