Lending Private Credit’s Answer to Liquidity Problem Finally Takes ShapeAs many as $15 billion in portfolio sales are set to close this year, which is triple the reported amount closed in each of the previous two years. April 25, 2024
Strategic Buyers Redstone’s Deal Dilemma: Give Paramount Investors a Vote or Not?Terms include Ellison buying the family’s holdings for about $2 billion and merging Skydance into Paramount at a valuation of $5 billion. April 19, 2024
Private Equity Blackstone Plans to Borrow $1B Against its Own Investments to Free Up CashThe firm has explored borrowing on a so-called NAV loan backed by deals in its $18 billion flagship private equity fund that debuted in 2016. April 10, 2024
Strategic Buyers Redstone Has Tentative Deal to Sell Paramount Stake to SkydanceParamount has attracted other suitors, including independent media mogul Byron Allen, Apollo Global Management Inc. and Warner Bros. Discovery Inc. April 4, 2024
Strategic Buyers Kodak’s Pension Windfall Points to $137B OpportunityThe group poured money into hedge funds and private equity and, in seven years, turned a $255 million deficit into a $1.1 billion surplus. April 1, 2024
Strategic Buyers The Former Trader Leading Apollo’s $500B Threat to BanksJohn Zito is seen as the heir apparent to lead credit and as a future contender to be the first non-founder to lead the $651 billion firm. March 22, 2024
Lending Private Credit Funds Dangle No-Fee Deals to Prized InvestorsApollo is managing Mubadala Investment Co.’s money for practically free until next year in one fund. March 22, 2024
Private Equity Apollo Reportedly Offers $11B for Paramount StudioApollo is one of several potential suitors circling Paramount Global as its controlling shareholder, Shari Redstone, weighs a possible sale. March 21, 2024