Blackstone Inc. has appointed former Morgan Stanley rainmaker Franck Petitgas to a top role in Europe as it prepares to invest $500 billion there over the next 10 years.
EQT AB is considering a US initial public offering of waste management firm Reworld that could raise $1 billion or more, according to people familiar with the matter.
A group of multi-billion dollar businesses could help stage a comeback for Europe’s market for initial public offerings this fall, compensating for the region’s slowest first half in more than a decade.
Advent is working on an offer to acquire U-blox Holding AG in a deal that could value the Swiss maker of positioning chips at more than 1 billion Swiss francs ($1.2 billion), according to people familiar with the matter.
Blackstone Inc. is planning to invest as much as $500 billion in Europe over the next 10 years, underlining the continent’s growing appeal to investors during a period of geopolitical flux.
Neuberger Berman has raised more than $4 billion for its latest general partner-led secondary fund, at a time when private equity firms are increasingly looking to monetize assets via continuation vehicles.
Private equity firms are scouring for investment opportunities in European defense, chasing the once shunned sector in an effort to benefit from a historic switch to military expansion in the region.
Swedish firm EQT AB received more than $10 billion in investor commitments for its latest pan-Asia private equity fund, putting it on track to reach its fundraising goal despite the market volatility.
EQT AB has raised €21.5 billion ($23.2 billion) for its latest infrastructure fund — a sum a top executive for the Swedish investment firm says underscores how the energy sector’s funding needs trump an uncertain market for deals.
As the market for initial public offerings bounces back after two lifeless years, investors who’ve been impatiently waiting for their payoff are finally getting some returns.
All is not lost for equity capital market bankers.
Wall Street and European investment banks have an acute sense of buyer’s remorse.
Global initial public offerings have smashed their previous record this year, propelled by a blank-check boom and companies cashing in on high valuations.
