The Carve-Out | PGA’s big swing, M&G’s new private markets boss, KKR breaks APAC infra record
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This week in private equity
? The PGA TOUR has closed it’s $3bn investment deal with Strategic Sports Group – members of which also own Liverpool FC and the NY Mets. Read more?
?? More than half of large PE firms are looking to acquire an AI business, according to a new Norton Rose Fullbright and MergerMarket report. Read more?
?? Private debt and infrastructure are the top alternatives for South Korean institutional investors, per a survey by The Korea Economic Daily. Read more?
?? 摩根大通 has promoted senior banker Ruben Ong to lead its private credit origination efforts in Southeast Asia, Reuters reports. Read more?
?? M&G Investments has named Emmanuel Deblanc as Chief Investment Officer of its ￡74bn private markets business, based out of London. Read more?
?? Golub Capital has acted as administrative agent and sole lead arranger on a $2bn+ unitranche facility to refinance Aptean’s existing debt. Read more?
The week in numbers
?? 52% – losses posted by Zurich-based bank Julius Baer, prompting the sale of its private credit business and resignation of CEO Philipp Rickenbacher. Read more??
领英推荐
?? $6.4bn – funds raised at final close by KKR for its latest fund, the largest ever to focus on APAC infrastructure investments. Read more?
?? $6.85bn – funds raised at final close by TJC, a North America focused mid-market PE firm, well above its initial hard cap of $6bn. Read more?
?? €1bn – the target fundraise for BNP Paribas’s new direct lending fund focused on medium-sized businesses. Read more? ?
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