Financial services Goldman Racks Up $21B for its Largest Private Credit PoolThe latest fundraising marks the fifth iteration of the firm’s Loan Partners fund, a series that got off the ground in 2008. May 29, 2024
Food & Beverage Fast Casual Dining Hurt by Consumer StrugglesA survey shows about two in five restaurants didn’t make a profit last year. May 13, 2024
Financial services Banks Sell Loans to Private Credit in New Balance Sheet TwistIn February, Barclays sold $1.1 billion of credit card assets to Blackstone. May 1, 2024
Private Equity Private Equity Largely Absent From U.S. IPO Market’s RecoveryData shows only two private equity-backed IPOs over $100 million have been completed so far, raising about $1 billion. May 1, 2024
Real Estate KKR Buys $1.6B Student Housing Portfolio from BREITThe deal includes properties located near 14 public universities. April 25, 2024
Lending Wall Street Takes New Role as Matchmaker to Private CreditPrivate credit funds are sitting on a record $430 billion of uninvested capital they raised over five years of exponential growth. April 17, 2024
Private Equity Blackstone’s BREIT Paid Out More than it Generated in 2023The fund’s performance was hit by investor requests for their money back, which prompted it to sell assets and keep cash in liquid investments. April 3, 2024
Financial services Goldman Unit Buys Kennedy Lewis Stake in Private Credit BetFinancial companies are snapping up minority stakes in private investment firms at a rapid clip amid efforts to expand into more lucrative markets. April 3, 2024