The Carve-Out | Saudi credit push, Goldman’s lofty targets, KKR buys renewables company
Private Equity Wire
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This week in private equity
2?? Jada, a unit of Saudi Arabia’s PIF sovereign fund, has made its second ever private credit investment – $53m in SF-based Partners for Growth . Read more?
?? 高盛 AM and Sixth Street Partners are leading a $655m debt financing deal for HIG to fund a potential purchase of USA DeBusk . Read more?
?? Media and entertainment focused HarbourView Equity Partners has just secured debt financing of its own – $500m in a package led by KKR . Read more?
?? Ardian has completed the full acquisition of data centre platform Verne from Digital 9 Infrastructure in a deal worth up to ￡450m. Read more?
?? Nomura-backed Corinthia Global Management Limited is set to lift a 20-plus private credit team, including leadership, from Barings, Bloomberg reports. Read more?
?? European PE HQ Capital has opened a Singapore office and appointed former Ardian MD Michael Hu as its Head of Asia.?Read more?
The week in numbers
?? $300bn – Goldman Sachs AM’s target private credit portfolio size in five years, currently at $130bn, Reuters reports. Read more
领英推荐
?? 28.4% – Apollo’s stake in tubular steel product manufacturer Vallourec, which it has sold to ArcelorMittal for approximately €955m. Read more?
?? €2.8bn – the value of German renewable energy company Encavis following its acquisition by KKR’s Elbe Bidco at €17.50 per share. Read more?
?? $1.05bn – the sale value of Amolyt Pharma, following AstraZeneca’s acquisition of the bipharma company from Paris-based Andera Partners. Read more?
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