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Carlyle will convert to C-corp, offers single class shares

In making the switch, the firm follows in the footsteps of its listed peers KKR, Blackstone and Apollo Global Management.

KKR prepares for rapid AUM growth

The firm, which is gearing up to launch its three largest funds, expects AUM to ‘compound significantly’ on the back of increased distribution efforts and more mature track records.

Colony Capital buys Digital Bridge for $325m

The real estate firm and digital infrastructure manager raised a fund together which closed on $4.05bn in June.
BlackRock has acquired a North American solar and energy storage business that was launched in 2012 as a GE subsidiary.

BlackRock buys GE’s North American solar business

The New York-based firm is currently raising its third renewables vehicle after closing on $1.65bn for its second in 2017.

First phase of Blackstone’s infra fundraising ends on $14bn

More than 80 investors committed to the New York-based firm’s inaugural infrastructure fundraise.

Carlyle closes global infra fund on $2.2bn

The firm has already announced investments from its Global Infrastructure Opportunity Fund in projects including New York's JFK Terminal One modernisation.

Prostar expands team as it launches $750m fund – exclusive

Washington State Investment Board becomes the first major investor in the Prostar Energy Infrastructure Fund II with a $200m commitment.

Abraaj’s Abdel-Wadood pleads guilty in US court

Mustafa Abdel-Wadood admitted to racketeering and fraud, and has agreed to co-operate with the US probe on the fallen emerging markets firm.
Telecommunications

Blackstone becomes latest blue-chip manager to tap secondaries market

The firm is set to close a deal to move one asset from its $7bn 2012-vintage Tactical Opportunities Fund into a continuation vehicle.
Container freight train

Brookfield Infra, GIC team up in $6.4bn railroad deal

The firms’ offer represents a 39.5% premium to Genesee & Wyoming’s 8 March stock price of $80.28.
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