The Brazilian bank is raising a new private equity fund that can tap Blackstone as a co-investor on large deals.
French bank BNP Paribas has linked up its structured finance and fixed income units in the Gulf through the appointment of Mark Waters as head of debt capital markets in the region.
The San Francisco firm’s fourth, $1.2 billion fund is more than three times the size of its predecessor, allowing it to target more and larger investments.
Apollo will reportedly become the second major alternative asset manager to list a portion of its management company on Goldman’s private exchange. The private float is expected to follow sales of minority stakes to Abu Dhabi and possibly CalPERS.
Citicorp Venture Capital has purchased regional US soft drink company Big Red for an undisclosed amount.
Triple-digit returns have helped the Sao Paulo-based firm reach a first close on what is for now Latin America’s largest private equity fund.
Sheridan Production Partners, founded last September by oil industry vet Lisa Stewart and Warburg Pincus, has held a final close on $1.3 billion for its debut fund.
Blackstone has surpassed Goldman’s record for the biggest private equity fund raised to date, with the closing of its fifth fund on $21.7 billion.
Five years after spinning off its private equity business, Morgan Stanley has made another senior appointment as it prepares to launch a $6 billion global buyout fund.
Kuwait investor Global Investment House has bought Saudi Arabian textile business Ajlan Bin Abdulaziz Al Ajlan & Brothers ’Ajlan. The company’s value corresponds to roughly two thirds of its revenues.
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