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Blackstone taps Goldman Sachs leveraged finance head to lead European private credit origination

Private Equity Insights

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.

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BlackRock expands private equity focus with new financing initiative

Private Equity Insights

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. Can`t stop reading?

Finance 162
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Aquila Capital launches €600m energy transition fund with backing from Commerzbank

Private Equity Insights

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.

Capital 130
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Abacus Finance Names New President

Private Equity Professional

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

Finance 100
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Ares Management secures record €30bn for private direct lending strategy

Private Equity Insights

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?

Finance 130
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Vista Equity delays $6bn Finastra refinancing as market volatility curbs loan appetite

Private Equity Insights

The refinancing, led by Morgan Stanley and JPMorgan, was designed to replace a $4.8bn private credit loan raised less than two years ago, and return $1bn in preferred equity Vista invested in 2023 to complete the original financing. The proposed new structure included a $5.1bn senior term loan and a $1bn junior tranche.

Bidding 147
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JPMorgan, BofA In Talks to Finance $13 Billion DocuSign Buyout

Private Equity Insights

are in talks to provide as much as $8 billion in financing for a buyout of DocuSign Inc. and Deutsche Bank AG are also among the lenders considering a role in funding what would be the largest leveraged buyout of the year so far, according to the people, who asked not to be identified discussing the transaction. KKR & Co.

Buyout 195