The collapse of Silicon Valley Bank and the venture capital downturn of 2022 have created innumerable opportunities across the agtech space. (Agri Investor)
How latecomer Apollo is looking to make its mark: Apollo has leveraged its PE and private debt expertise to avoid launching ‘another large-cap infra fund,’ says head of infra Dylan Foo. (Infrastructure Investor)
More needs to be done to grant retail and individual investors access to higher-performing asset classes such as private equity, according to Julian Salisbury, who oversees roughly $450 billion in alternative assets as CIO for wealth and asset management at Goldman Sachs Asset Management. (Private Equity International)
Blackstone has beaten its own largest fundraising record, closing on the largest closed-end real estate fund ever, Blackstone Real Estate Partners X. (PERE)
HPS closes on $17 billion junior capital fund. The fund, which vastly exceeded its $2.5bn equity target, has invested more than a third of that in subordinated debt in 24 investments. (Private Debt Investor)
"Thoma Bravo, the acquisitions-hungry private equity group, lost out in the race to buy a highly prized technology company [Qualtrics] that was eventually sold for $12.5bn amid fears US authorities would stymie the deal on competition grounds." (Financial Times)
"Carrier Global Corp. is working on a plan to sell or spin off its Fire & Security business segment, which accounts for about 17% of the air-conditioning company’s sales, according to people familiar with the matter." (Wall Street Journal)
"Some of the world’s top private equity firms are scooping up the debt of their own portfolio companies from banks at steep discounts as they seek juicy returns amid a lull in deal making." (Bloomberg)
"Silicon Valley investors are touring the Middle East, seeking to build long-term ties with sovereign wealth funds during the worst funding crunch for venture capital firms in almost a decade." (Financial Times)
"Hunter Point Capital, a specialist investor that buys shares in other asset managers, is taking a minority interest in Coller Capital, one of the oldest and largest investors in the market for secondhand stakes in private-equity funds, the companies said." (WSJ Pro) | 