While Blackstone was confident in its contractual position and interests, it made the bid 'because it is the right thing for shareholders and a very fair price for the asset', said a source close to the situation.
‘Nowadays, LPs are hungry for DPI, and we owe it to our LPs to listen and do what they expect,’ says PSG managing director Dany Rammal.
Reach Capital is seeing non-traditional buyers in secondaries syndications, says co-founder and managing partner William Barrett.
Verdane agreed to acquire a majority stake in regulatory compliance software company Corlytics in April.
Apax Partners is buying the payroll and HR software provider for what sources familiar with the matter said was £1.25bn.
The Datagroup-Volia-Lifecell deal with NJJ Holding was ‘all everybody was talking about in Kyiv’, said Horizon founding partner and CEO Lenna Koszarny.
IRCA’s chief commercial officer Andy Fleming and Advent MD Francesco Casiraghi on increasing capacity in a complex macro environment.
Brookfield’s European private equity pipeline ‘is the fullest it's been in at least three or four years’ and the company is planning to open a Paris office, says Tully.
ICG invested in Amolyt in January 2023, co-leading the series C round.
Valuations remain ‘very much on paper’ as a result of limited liquidity in the market, AXA IM’s global head of alts says at PEI Group’s NEXUS 2024 summit.