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reuters.com October 17, 2018

Australia's Investa Says Blackstone Pulls Out Of Takeover Race

Australian landlord Investa Office Fund (IOF) said on Thursday it had been advised by Blackstone Group LP that the private equity giant would not match Canada's Oxford Properties Group's A$5.60 per share takeover bid.
Read by 43% of LPs

pehub.com 9 hours ago

H.i.g. Capital Closes Third Growth Buyout Fund At $970M

H.I.G. Capital has raised $970 million for its third growth buyout fund. H.I.G. Growth Buyouts & Equity Fund III's limited partners include foundations, endowments, public and corporate pensions, consultants, [...]
Read by 34% of LPs

pehub.com 9 hours ago

Pe-backed Artivest Hires General Counsel And Chief Compliance Officer

Artivest has named Kamal Jafarnia as general counsel and chief compliance officer. Previously, he worked at W.P. Carey where he was senior vice president. Artivest's backers include KKR, Thiel Capital, Genstar [...]
Read by 45% of LPs

cnbc.com 11 hours ago

Acadia Stock Up After Report Of Talks With Private Equity Firms

Acadia, which operates a network of nearly 600 behavioral health-care facilities with approximately 17,800 beds in 40 states, has been approached by private equity firms KKR and TPG Global, among others, according to Reuters.
Read by 32% of LPs

pehub.com 11 hours ago

Pe-backed Artivest Hires General Counsel And Chief Compliance Officer

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Read by 70% of LPs

finextra.com 13 hours, 25 minutes ago

Goldman Sachs Invests In Bitgo

Goldman Sachs and an investment firm set up by billionaire Michael Novogratz have invested in BitGo,...: Goldman Sachs and an investment firm set up by billionaire Michael Novogratz have invested in BitGo, a startup promising to help institutional investors securely store their cryptocurrency.
Read by 34% of LPs

pehub.com 13 hours, 30 minutes ago

Solar Capital Partners Racks Up Over $750M For Private Credit Funds

Solar Capital Partners LLC has closed its private credit funds at over $750 million. The funds, SCP Private Credit Income Fund LP and SCP Private Credit Income BDC LLC, will invest in U.S. middle market companies [...]
Read by 76% of LPs

pehub.com 13 hours, 30 minutes ago

Astorg And Montagu To Control Health Devices Supplier Nemera: Reuters

French private equity firm Astorg on Wednesday said it had reached an agreement to acquire a majority stake in health devices manufacturer Nemera from Montagu Private Equity, with Nemera to be jointly controlled [...]
Read by 72% of LPs

in.reuters.com 14 hours ago

Exclusive: Acadia Healthcare In Talks With Private Equity Firms: Sources

Acadia Healthcare Co Inc, a U.S. operator of behavioral health centers, is in talks with private equity firms about selling itself after attracting buyout interest, people familiar with the matter said on Thursday.
Read by 36% of LPs

marketwatch.com 14 hours, 30 minutes ago

European Buyout Funds Ring Up Third Biggest Six-month Fundraising Figure In More Than A Decade

Private-equity and venture-capital groups across Europe raised $52.4 billion (or EUR45.6bn) in the first half of 2018,: Private-equity and venture-capital firms saw a 40% spike in the first six months of 2018, compared with the second half of 2017, according to Invest Europe Private-equity and venture-capital groups across Europe raised $52.4 billion (or EUR45.6 billion) in the first half of 2018, a 40% increase from the second half of last year, as yield-starved investors continued to search for higher returns in a low-interest-rate environment.
Read by 79% of LPs

cnbc.com 15 hours, 30 minutes ago

Stocks Making The Biggest Move Premarket: Trv, Bx, Bk, Dhr, Txt, Pm & More

Names on the move ahead of the open. : Travelers - The insurer reported quarterly profit of $2.54 per share, beating the consensus estimate of $2.26 a share. Revenue also topped Wall Street forecasts. Travelers saw growth in both personal and business insurance, as well as strong retention numbers. Blackstone - The private-equity firm's economic net income beat Street forecasts by 2 cents a share at 76 cents per share, while revenue was above estimates, as well. Assets under management surged 18 percent from a year ago to a record $457 billion.
Read by 30% of LPs