Private Equity Blackstone Offers $1.57B in Hipgnosis Bidding WarHipgnosis’s board recommended the latest Blackstone offer and has withdrawn its support of the rival Concord bid. April 29, 2024
Private Equity NorthSands Capital Invests in Continuation Vehicle for SupplyOneA majority equity interest in SupplyOne was sold in a multi-asset continuation vehicle that closed in March. April 26, 2024
Private Equity Permira Chief Sees Private Equity Shakeout With Rates HighThe debt-fueled industry is finding it harder to monetize holdings and return cash to investors. April 25, 2024
Food & Beverage Blackstone Buys Tropical Smoothie CafeTropical Smoothie Cafe is a franchisor of fast-casual restaurants with more than 1,400 locations across 44 states. April 25, 2024
Retail Concord Poised to Increase Hipgnosis Bid to Top BlackstoneThe company, whose bid is backed by Apollo, could announce the revised proposal as soon as the coming days. April 24, 2024
Private Equity Blackstone Makes New $1.5B Proposal to Buy HipgnosisThe improved offer is about seven percent higher than Concord’s bid. April 22, 2024
Private Equity Ares Buys $1.1B of PE Fund Stakes from BlackstonePE secondaries transactions have increased in volume as LPs hunt for liquidity in a slow dealmaking environment. April 19, 2024
Financial services KeyCorp CEO Ready to Play ‘Offense’ After Industry TurmoilThe firm is investing in technology around its embedded banking business within payments, and hiring people in wealth business and investment banking. April 19, 2024