Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says
Plus, Ares scales up its real estate business
GLP Capital deal will add $44bn in assets to private investment group’s business
Private credit lenders including Blue Owl and Ares take control of software group in deal that values it at about $900mn
Ares, Apollo, Blackstone and KKR prepare to increase buyout-linked investments as interest rates ease
Investors pile into private credit, with HPS and Goldman Sachs among those to have raised blockbuster funds
RXR and Ares Management are betting on a thaw in the commercial real estate market
Also in this newsletter: Saudi Arabia bags the 2034 World Cup without a fight
Premier League club joins forces with US alternative asset manager as it looks for ways to boost revenue
Premier League club looking to upgrade stadium and emulate Manchester City model by adding to network of teams
PacWest’s $3.5bn deal with Ares is latest after industry turmoil this spring
Private capital managers are finding benefits from doing business with the establishment
Debt rating agency singles out Ares and Owl Rock funds for scrutiny after interest rates rise
Apollo, Blackstone and KKR among private capital groups eyeing $74bn portfolio
Apollo and Blackstone among those poised to provide $5.5bn of debt to buyout group for purchase of 50% stake in Cotiviti
Financiers at SuperReturn conference face up to rising rates and a looming recession
Private markets group reaches ‘mutually agreeable resolution’ over French drugmaker Laboratoire XO
Uptick in ‘hybrid’ financings comes as other investors shun riskier debt amid market volatility
Vigorous challenge is vowed as private lender takes over French pharma group Laboratoire XO
Investment group prepared to add minority stake in English Premier League team to its sport portfolio
Titan Wealth Holdings looks to grow assets under management to £20bn-£30bn over next 5 years
Private equity group Ares to offload UK company it bought in 2014 for £275m
Dyal Capital’s three-way merger holds unforeseen implications for private equity groups
Marble Ridge Capital’s mis-steps cost it rare chance to savour a triumph in Neiman Marcus battle
US investment group is a major source of financing for America’s struggling midsized businesses