The Carve-Out | Brookfield’s big deal, Blackstone closing in on L’Occitane, $1tn the target for KKR
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This week in private equity
?? Brookfield is in advanced talks to acquire a majority stake in $22bn private credit manager Castlelake , the Financial Times reports. Read more ?
? Blackstone is closing on a debt-financing deal for a buyout transaction that would take L’OCCITANE Group private, ending 14 years on the HKEX. Read more ?
?? Fashion brand Esprit , meanwhile, has entered into talks with an international PE firm for potential investment, Morningstar reports. Read more ?
?? Small-cap PE firms generated the best returns in 2023, according to a recent ranking by HEC Paris Business School and Dow Jones. Read more ?
?? Five Arrows Principal Investments , the alternatives arm of Rothschild & Co , is set to acquire enterprise data solutions platform Rimes – an EQT Group portfolio company. Read more ?
?? US law firm Seward & Kissel LLP has launched a private credit practice, to sit within its existing corporate finance practice. Read more ?
The week in numbers
?? $1tn – KKR’s target AUM over the next five years, with a focus on scaling core businesses to help reach the target, Bloomberg reports. Read more ?
领英推荐
?? AUD 4bn – capital commitments at final close for GIP’s latest Australasia-focused, open-ended fund, targeting regional opportunities. Read more ?
?? $1.2bn+ – the value of a debt package being provided to CentralSquare Tech, by a group led by Ares and including Oak Hill Advisors. Read more ?
?? $1bn – funds raised at final close for ASP Summa – Adams Street’s first middle market CLO, structured in partnership with American Equity Life. Read more ? ?
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