Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. November 29, 2022

Tpg Taps Tom Montag, Anne Finucane To Launch Carbon-credit Company

Anne Finucane speaks at Bloomberg's BNEF Future of Energy Global Summit in New York in 2018. Photo: Alex Flynn/Bloomberg via Getty Images Private-equity firm TPG Inc. has tapped Wall Street heavyweights Tom Montag and Anne Finucane to lead a new carbon-credit business it hopes will improve access to the emissions offset market. Why it matters: TPG Rise Climate is investing $300 million into a new company called Rubicon Carbon, which seeks to simplify the way buyers invest in carbon credits. Of note: Rubicon is working with platform partners Anew Climate, Pixxel, Planet Labs PBC and Rialto Markets.
Read by 63% of LPs 4hours ago

Brookfield Grabs The Remains Of The Private Equity Secondaries Unit Of Dws

DWS Group has transferred its private equity secondaries business to Brookfield Asset Management. The transaction received all regulatory approvals, according to a news release. DWS said in the release that Brookfield was chosen because of its “global private equity platform with $121 billion in assets under management, making it a good fit to invest and…
Read by 77% of LPs 4hours ago

R&w Case Alert: Fraud-based Claims Against Private Equity Firms | Kramer Levin Naftalis & Frankel Llp

In recent years, private equity (PE) firms have bought and sold more businesses, at higher prices, than ever before. This growth has raised the stakes for all parties. For sellers, in particular, bigger deals mean the claims buyers may bring after closing pose greater risk....By: Kramer Levin Naftalis & Frankel LLP.
Read by 80% of LPs 6hours ago

Bernhard Capital-backed Atlas Technical Consultants, Inc. To Be Acquired In A Transaction Valued At $1.05B

Follows Successful Execution of Bernhard Capital's Blueprint Investment Approach BATON ROUGE, La., Jan. 31, 2023 /PRNewswire/ -- Bernhard Capital Partners ("Bernhard Capital" or "BCP"), an infrastructure and services-focused private equity management firm, announced today that BCP Fund I...
Read by 61% of LPs 7hours ago

Billionaire Private Equity Investor Says He Never Lost Money On A Buyout: Here Is His Formula For Winning In Software Buyouts

Billionaire private equity investor Robert Smith has been on the comeback since going through a dramatic tax evasion scandal. But through it all, Smith hasn’t lost his golden touch. The buyout titan says he never lost money on a buyout. While Smith holds his formula for success close to the vest, there have been some […] The post Billionaire Private Equity Investor Says He Never Lost Money on a Buyout: Here is His Formula for Winning in Software Buyouts appeared first on Moguldom.
Read by 42% of LPs 10hours ago

Capital Square Acquires Build-for-rent Townhome Community Near Atlanta For Dst Offering

The acquisition is on behalf of a Delaware statutory trust investment offering that seeks to raise $22.5 million in equity from accredited investors ATLANTA, Jan. 31, 2023 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of Brighton Woodstock, a build-for-rent, 100-unit townhome community in the Atlanta suburb of Acworth, Georgia. The community was acquired on behalf of CS1031 Brighton Woodstock BFR Housing, DST, which seeks to raise $22.5 million in equity from accredited investors and has a minimum investment requirement of $50,000.
Read by 46% of LPs 11hours ago

Abrdn Private Equity Trust Nav Performance Holds Up

The £1.1bn abrdn private equity opportunities trust experienced net asset value growth in the year to end of September 2022, however, public sentiment hindered its share price performance, leading it underperforming its benchmark.
Read by 46% of LPs 12hours ago

People Moves: Marlborough, Legal & General, Quilter

Investment firm names CIO, while CEO retires from financial services group. : Access full content on the International Adviser site, access your saved articles, control email preferences and amend your account details Chief investment officer Nicholas Colling will retire from the firm in May 2023 after more than 30 years with the business. Sheldon MacDonald will take over, after joining the company in October 2021 as chief investment officer of multi-asset from Liontrust where he held several senior investment roles.
Read by 51% of LPs January 30, 2023

Twitter Makes First Interest Payment On Musk Buyout Debt - Portland Press Herald

The company paid a group of seven banks, led by Morgan Stanley, which became stuck with the debt after they were unable to sell it to outside investors.
Read by 46% of LPs January 30, 2023

Rbc Investor & Treasury Services Expands Its Relationship With Starlight Capital Corporation

RBC Investor & Treasury Services (“RBC I&TS”) today announced it was selected by Starlight Investments Capital LP (“Starlight Capital”) to provide custody, fund administration and shareholder services for its newly consolidated business, following Starlight Capital’s acquisition of Stone Investment Group Limited. A subsidiary of the real estate investment and asset management firm Starlight Investments, Starlight Capital is an independent, Toronto-based asset manager with over a billion dollars in assets under management. Starlight Capital offers mutual funds, exchange-traded funds, offering memorandum funds and structured products.
Read by 57% of LPs January 30, 2023

Capital Square Launches Csra Opportunity Zone Fund Viii To Develop 348-unit Class A Multifamily Community In Knoxville, Tennessee

KNOXVILLE, Tenn., Jan. 30, 2023 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the launch of CSRA Opportunity Zone Fund VIII, LLC. The project-specific...
Read by 71% of LPs