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The trend reflects the rising influence of private lenders in corporate financing, particularly as banks grow more cautious amid volatile market conditions. If finalised, the deal would rank among the largest ever private credit financings, edging out banks that had pitched to refinance the companys debt.
The potential financing package, which may carry an interest rate of 10% or less, remains under negotiation. The potential financing package, which may carry an interest rate of 10% or less, remains under negotiation. Blackstone has not yet formally mandated the funding. The bid for TMA is reportedly valued at under $500m.
The firm is looking to extend its role beyond investing client capital to managing funds for private equity and alternative asset managers, according to Chief Financial Officer Martin Small. Once finalized, BlackRock plans to launch a dedicated financing unit led by a team from HPS.
GSAM has committed $150m of its own capital to the fund, which will primarily target senior lending opportunities but retain the flexibility to provide junior debt when needed. The fund aims to generate net returns of 8% to 10% on an unlevered basis, with levered investments expected to deliver around 13%. reaching its $999.9m
Allianz Global Investors closed its Private Markets Credit Opportunities Fund at 1.5bn, exceeding its initial target. The fund aims to provide flexible credit solutions to mid-sized companies across Europe, focusing on direct lending and structured credit investments. The company, co-owned by.
Aviceda Therapeutics has launched biotech financing in 2025 with a $207.5m The Series C round, co-led by Omega Funds and TCGX, will support the ongoing phase 2/3 SIGLEC trial of AVD-104 for geographic atrophy linked to age-related macular degeneration. read more The post Aviceda secures $207.5m
A consortium of private credit funds, including Antares Capital, Blue Owl Capital, KKR, and Goldman Sachs Asset Management, has agreed to take control of Alacrity. When BlackRock made its investment, Alacrity carried around $1bn in senior debt and $500m in junior debt, financed by Goldman Sachs wealth management division.
The European Investment Fund (EIF) will commit €15m to a new Fund run by Latvian investment firm Merito Partners. According to Merito, the Fund will be focused on bolstering the growth of SMEs in the Baltic region.
The pension fund’s net assets grew to $123bn as of December 31, up from $112.6bn in 2023. The fund also adjusted its pension liabilities, reflecting longer life expectancies and the need for extended retirement savings. return in 2024, boosted by private equity and stocks The Healthcare of Ontario Pension Plan (HOOPP) posted a 9.7%
The fund aims to raise between $300m and $500m over the next three to five years, investing in corporate bonds linked to biodiversity impact. The fund aims to raise between $300m and $500m over the next three to five years, investing in corporate bonds linked to biodiversity impact.
The company warned that $175bn in global AI investment funds could flow to China-backed projects without action. Read more IFM Investors acquires 49% stake in Splend to drive rideshare growth IFM Investors has acquired a 49% stake in Splend, a $200m startup providing vehicle financing. OpenAI has urged the U.S.
NIIF CEO Sanjiv Aggarwal outlined the fund’s strategy at a venture capital event in Mumbai, stating that it will focus on performing credit to capitalise on the increasing investor demand for high-yield debt. NIIF currently manages four funds, including its largest, the Master Fund, which is dedicated to infrastructure investments.
Colbeck Capital Management closed its $700m Strategic Lending Fund, designed to provide customised financing solutions for middle-market businesses in North America. The fund aims to address the unique needs of companies undergoing transitions or managing complex situations. Source: Business Wire Can’t stop reading?
Global credit investing firm Silver Point Capital has held the final close of its Silver Point Specialty Credit Fund III, which is aimed at providing loans to mid-sized companies, with $8.5bn in total capital commitments. With this latest fund, Silver Point now oversees $35bn in assets across both private and public credit strategies.
New Forests, a global sustainable investment manager, has raised 410m in the first close of its latest fund, focused on climate and forestry initiatives. The fund, supported by European investors such as pension funds, insurers, and family offices, aims to reach a final target of 600m.
The fund will invest in a vehicle managed by 17Capital, a private credit firm that lends to private equity managers, investors, and funds using net asset value (NAV) as collateral. Following approval from the Bank of Lithuania, the fund is set to begin operations, with investment unit distribution launching in March.
Ardian, the French private equity firm, has closed its latest mid-cap growth fund, Ardian Expansion Fund VI, at 3.2bn, surpassing its target by 10%. The fund represents a 60% increase from its predecessor and attracted 200 limited partners from 28 countries, including nearly 120 new investors.
January Capital, a Singapore-based asset management firm, has secured over $85m in initial investor commitments for a growth credit fund that will focus on the technology sector, according to a report by BNN Bloomberg. The fund will charge interest rates between 12% and 16%, plus upfront fees.
Abacus Finance Group , an active cash flow lender to private equity, has promoted Sean McKeever to President from Chief Operating Officer, Greg Scanlon to Senior Associate from Associate, and has hired Jeremy Pak as an Analyst. billion in financings. Abacus will use the new SBIC fund to build on its reputation for supporting U.S.-based
Supported by shareholder Commerzbank, the fund has made its first commitment of 50m to a 56 MW battery energy storage project in Germany, set to be operational by 2026. Supported by shareholder Commerzbank, the fund has made its first commitment of 50m to a 56 MW battery energy storage project in Germany, set to be operational by 2026.
The funds stake, along with those of co-investors and other selling shareholders, has been acquired by Beltone Capital, a wholly owned subsidiary of Egypt-listed Beltone Holding. The deal was advised by Enexus Finance and remains subject to regulatory approvals. The transaction will see Beltone take a majority stake in Baobab.
Indias private credit market is seeing robust growth with two key players, Neo Asset Management and Avendus PE Investment Advisors, prepare to launch funds targeting a combined $1bn-plus in assets, according to a report by Bloomberg.
Profit with Purpose investment firm LeapFrog Investments has held the final close of its fourth fund (Fund IV) with capital commitments and designated co-investments totalling $1.02bn, ahead of its original $1bn target.
Typically, they patch together their funding from several different sources, not just one. Then the answer is unconventional funding. Here are some unconventional funding options that could be the key to getting your business off the ground. Sometimes they even offer direct funding. All are great options.
I'm a freelance finance writer and editor, and since I started doing this, I've learned about making a budget , using different financial accounts, and ways to save money in my everyday life. And if the prospect of picking stocks makes you quake in fear, you can opt to invest in exchange-traded funds (ETFs) instead.
Earlier this month, Transom successfully closed Transom Capital Fund IV LP , raising $675 million in capital commitments. The fund surpassed its target and initial hard cap, more than doubling the size of the firm’s third fund. Goldstein earned her undergraduate degree in finance and management from Washington University in St.
Saudi Venture Capital (SVC) has committed over SR1.5bn ($400m) to the Jadwa GCC Private Equity Fund 1, which will invest in a diversified, cross-sectorial set of high-potential private equity opportunities across Saudi Arabia and the GCC. Established in 2018, SVC operates as a subsidiary of the SME Bank under the National Development Fund.
He highlighted that leading private equity sponsors continue to turn to Invesco for flexible financing, while investors are drawn to the platforms attractive risk-adjusted returns.
The strategy focuses on providing bespoke financing solutions to middle-market companies across North America and Europe. The 30bn was raised from a diverse global investor base, including sovereign wealth funds, pension plans, insurance companies, and family offices. Source: Business Wire Can’t stop reading?
Ampersand Biosciences, a Boston, MA-based multi-product platform company developing smart medicines, raised $65M in Series B Funding. Backers included Ampersands founder, Flagship Pioneering, Eli Lilly & Company, and several additional new investors.
Image source: The Motley Fool/Unsplash Building an emergency fund is a cornerstone of personal finance -- and once you've got that money saved, it's crucial to find the best place to keep it (and no, keeping it in your checking account isn't usually your best move). Where does your emergency fund belong?
The capital was secured from a broad range of global investors, including pension funds, insurance companies, sovereign wealth funds, and family offices. read more IFM Investors acquires 49% stake in Splend to drive rideshare growth IFM Investors has acquired a 49% stake in Splend, a $200m startup providing vehicle financing.
a Los Gatos, CA-based percutaneous ventricular assist device (pVAD) company, closed a$120MSeries E financing round. Existing investors participated as well, including Cormorant Asset Management and The Capital Partnership (TCP), 415 Capital, […] The post Supira Medical Raises $120M in Series E Financing appeared first on FinSMEs.
Among the strongest contenders are KKR, Hong Kong-based infrastructure investor CKI, hedge fund Covalis Capital, and London-based Castle Water. Beyond private equity interest, Thames Waters senior bondholders, including US funds Elliott Management and Pimco, are preparing a backup creditor-led bid if the equity raise fails.
The transaction includes debt financing from CIC Ouest and Caisse Rgionale Crdit Mutuel Loire-Atlantique Centre Ouest, alongside participation from Caisse Rgionale de Crdit Agricole Mutuel Atlantique Vende and Caisse d’Epargne et de Prvoyance Bretagne Pays de Loire. Can`t stop reading?
Mashura, a leading healthcare inventory intelligence platform, has announced a $300m strategic partnership with a newly established financing vehicle backed by Warburg Pincus, a pioneer in private equity growth investing. has raised $265m in a funding round led by Greycroft. has raised $265m in a funding round led by Greycroft.
It can buy properties from new or existing operators in sale-leaseback transactions , fund renovation projects at existing properties, and finance the development of new experiential properties. Vici Properties has many ways to continue expanding its portfolio.
The State of the Game The private credit arms race has taken the industry landscape by storm, with Ken Moelis citing the shift as the greatest change in the history of transactional finance. [1] In late 2024, Wendel Group acquired a majority stake in Monroe Capital , and Third Point (Dan Loebs hedge fund) acquired AS Birch Grove.
Its most recent fund, SK Capital Partners VI LP , closed in April 2024 with $2.95 Coldwater Corporate Finance served as financial advisor to Spectra Confectionery, while Cascadia Capital advised SK Capital. Debt financing for the deal was provided by MidStar Capital and Stellus Capital. billion in capital commitments.
Professional fund managers tend to be highly educated, hard-working, and extremely smart. So, finding a way to outperform these finance whizzes might seem impossible. But it doesn't take a highly complex trading plan to come out ahead of 98% of professional mutual fund managers over the long run. Image source: Getty Images.
The deal was led by Kohlberg & Company, with Blue Owl providing strategic financing to support the transaction. This transaction underscores the importance of strategic partnerships between private equity firms and alternative asset managers in funding large-scale deals within critical industries. The company, co-owned by.
The financing for Blackstones stake will feature a floating interest rate, likely tied to the US Federal Reserve funds rate, which currently stands between 425 and 450 basis points. However, it later pivoted toward acquiring an equity stake, according to sources. Can`t stop reading?
The upcoming fund is likely to exceed its original fundraising target and come in around 20% larger than its predecessor. BC Partners has also entered a strategic financing alliance with investment bank Piper Sandler to support banks and specialty finance companies.
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