Europe’s valuation edge fuels Blackstone’s $500bn investment drive Blackstone is preparing to deploy as much as $500bn in Europe over the next decade, betting that the region’s valuation gap with the United States and its structural growth needs will continue to offer compelling opportunities. Speaking at the Largest DACH-focused Private…
Continue readingGovernment shutdowns usually have little economic impact. This time could be different
For all the political firestorms they generate, government shutdowns have been nonevents for both markets and the economy.
Continue readingA possible risk to markets from a shutdown getting chatter on trading floors
Wall Street is questioning some of the tail risk from a government shutdown and how it might differ from what’s happened in prior closures.
Continue readingTop private equity news of the week
Top private equity news of the week The US investment firm is negotiating to acquire part of the holdings of chief executive Miguel Angel Gil Marin and chairman Enrique Cerezo, with additional shares potentially coming from Ares Management. The Sources noted Apollo might not obtain majority control immediately but is expected…
Continue readingApollo kicks off $5bn sports investment venture with Al Tylis at the helm
Apollo kicks off $5bn sports investment venture with Al Tylis at the helm Apollo Global Management has unveiled Apollo Sports Capital, a new $5bn platform
Continue readingLabor Department won’t release Friday’s key jobs report, other data, in case of a shutdown
The Department is preparing for what would amount to a news and data blackout should the government suspend operations.
Continue readingCME files with CFTC
The group has done this to expand its existing cross-margining agreement with the Depository Trust & Clearing Corporation
Continue readingDSM-Firmenich reinvites Apollo into animal nutrition sale as CVC stalls
DSM-Firmenich AG has reopened its auction for the animal nutrition and health unit to Apollo Global Management, reviving a two-horse private equity contest with CVC Capital Partners, according to a report by Bloomberg citing unnamed sources familiar with the process.
Continue readingMonterro expands Nordic software dominance with €1.7bn fund close
Monterro expands Nordic software dominance with €1.7bn fund close Monterro, the Nordics’ largest B2B software investor, has closed two new funds totalling €1.725bn, bringing its assets under management to €3.1bn. The raise cements Monterro’s position as the region’s leading software-focused private equity firm. The new funds, M5 and G2, were…
Continue readingHedge fund stars turn to talent agents
Top hedge fund professionals are increasingly hiring talent agents, following a model more commonly seen in Hollywood and professional sports amid intensifying competition for talent among multi-manager platforms, according to a report by the Wall Street Journal.
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