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JPMorgan Chase & Co is set to secure approximately $200 million, or 40% of the fees from the $20 billion debt financing supporting the take-private acquisition of Electronic Arts (EA) by an unnamed private equity firm. This transaction, valued at $55 billion, represents a significant move in the gaming industry and highlights JPMorgan's pivotal role in the financing process.
ECI Partners, a prominent mid-market private equity firm managing over £2bn in funds, has bolstered its investment team with the addition of Ben Kirrage as Investment Manager and Georgia Ling as Investment Analyst. These hires aim to strengthen ECI’s strategic investment initiatives in high-growth businesses across key sectors.
Hg, a leading private investment firm focused on the European and transatlantic software sectors, has appointed Steven Batchelor and Jean-Baptiste ‘JB’ Brian as Co-Chief Executive Officers. This leadership change is part of Hg's rotational model aimed at ensuring stability and continuity in its executive management team.
TriArtisan Capital Advisors has reached an agreement to acquire Denny’s Corp for $620 million in a take-private transaction. The deal, which includes Treville Capital and Yadav Enterprises, offers a significant premium to Denny's current share price, signaling a robust interest in the casual dining sector.
In a significant corporate move, Boyu Capital is set to acquire a 60% stake in Starbucks' China operations, valuing the deal at approximately $4 billion. This strategic partnership aims to accelerate Starbucks' expansion in China, targeting growth from 8,000 to over 20,000 stores.
Montagu has successfully closed a €2 billion single-asset continuation vehicle to extend its investment in Wireless Logic, a prominent IoT platform provider. This significant deal, the largest of its kind in Europe this year, aims to further accelerate Wireless Logic’s growth and market expansion.
Gladius Global Advisors, led by Founder and CEO Manny Abin, is positioning itself to transform the distribution landscape of private markets by creating a robust platform that connects specialized asset managers with a diverse range of investors. This innovative approach addresses the evolving needs of institutional and retail investors seeking tailored alternative investment strategies.
Arlington Capital Partners, a Washington, DC-based private investment firm, has closed its latest fund, Arlington Capital Partners VII, with commitments totaling $6 billion. This oversubscribed fund not only surpasses its target of $4.75 billion but also represents a significant increase from previous funds, highlighting Arlington's strong position in government-regulated sectors.
Blue Owl Capital has announced a significant rise in its Q3 profits, fueled by robust growth in its credit and real-assets sectors. The firm achieved a 26% increase in assets under management, reaching $295.6 billion, with new capital commitments totaling $14 billion for the quarter.
Global investment firm Carlyle has entered into a strategic partnership with SBI PE Holdings, Inc., a subsidiary of Japan's SBI Group, to enhance private credit opportunities for Japanese institutional investors. This marks SBI Group’s inaugural venture into the private credit sector, leveraging Carlyle’s extensive credit expertise and resources.
General Atlantic is negotiating to provide approximately $2 billion in debt financing to Shutterfly Inc. This funding aims to refinance a portion of Shutterfly's high-yield bonds and leveraged loans, addressing substantial debt maturities looming in the next few years.
Boyd Group Services Inc. has entered into a definitive agreement to acquire a majority stake in Joe Hudson’s Collision Center (JHCC) from TSG Consumer, in a transaction valued at $1.3 billion. The deal, expected to close in the fourth quarter of 2025, will significantly enhance Boyd's footprint in North America’s collision repair market.
Abu Dhabi-based Lunate has partnered with HPS Investment Partners to establish a new investment platform, committing approximately $1 billion. The HPS Strategic Solutions Partners platform aims to focus on providing private credit solutions to large-cap companies in the US and Europe, tapping into a growing demand for structured financing.
Aquarian Holdings, backed by RedBirrd Capital Partners and Mubadala, is nearing a $4 billion take-private acquisition of US life insurer Brighthouse Financial. The deal, anticipated to be finalized soon, reflects the increasing interest of private equity in the life and annuity market.
Leading private equity firms Warburg Pincus and Carlyle Group are reportedly in preliminary discussions to acquire Acclime, a corporate services platform based in Hong Kong, with the potential deal valued at up to $1 billion. Other notable firms including Blackstone, KKR, and TPG are also considering bids, capitalizing on Acclime's strong regional presence and growth trajectory in Asia.
Tower Peak Partners, a global investment firm, has appointed Monika Dangova as Head of Sustainability to lead its environmental and social governance (ESG) initiatives. Dangova's extensive experience in sustainable finance will enhance Tower Peak's commitment to integrating sustainability across its investment portfolios, particularly as the firm launches its debut private equity fund focused on sustainable industrial investments.
International private equity firm Cinven, in collaboration with founder Jesús Núñez and Mubadala Investment Company, has announced the acquisition of a majority stake in Universidad Alfonso X el Sabio Group (UAX) from CVC Funds. Financial details of the transaction remain undisclosed, but the move marks a significant investment in Spain's private higher education sector.
Morgan Stanley Infrastructure Partners (MSIP) has sold its stake in Seven Seas Water Group to EQT Infrastructure VI fund, marking a significant move in the water services sector. This transaction highlights the growing demand for water management solutions amid increasing global water scarcity and infrastructure challenges.
The Asia-Pacific private credit market is set to expand significantly, from approximately $59 billion in 2024 to an estimated $92 billion by 2027, as highlighted by a collaborative report from several financial organizations including the Alternative Investment Management Association and Ernst & Young. This growth is largely attributed to increased institutional allocations and the burgeoning wealth management sector in the region.
The Teachers’ Retirement System of the State of Illinois (TRS) has approved $365 million in new commitments to private equity and private credit strategies during its October board meeting. The allocations include $65 million to NGP Royalty Partners III and $300 million divided among CapitalSpring Investment Partners VII and LCM Partners COPS V (USD).