Global buyouts by private equity firms hit $440 billion

Global buyouts by private equity firms hit $440 billion in 2017, on a relatively flat deal count to 2016. Private equity firms face stiff competition for lucrative targets, from corporates in particular, with multiples for targets continuing to rise.
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Carlyle’s David Rubenstein Sees Buyout Firms Shifting Focus to Credit

Melissa Mittelman and Sarah Syed - Bloomberg

Private credit could one day surpass the private equity industry in terms of assets under management, Carlyle Group LP Co-Founder David Rubenstein said.
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Texas Endowment to Review $1 Billion Gold Position, New CEO Says

Michael McDonald - Bloomberg

The University of Texas Investment Management Co. will examine its $1 billion gold position in the portfolio of the largest public university endowment in the U.S.
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Macquarie trades TA Associates out of Speedcast

Sarah Thompson Anthony Macdonald and Joyce Moullakis - Financial Review

Private equity firm TA Associates is selling its $170 million stake in satellite owner Speedcast International in a block trade via Macquarie.
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London PE Firm Eyes $250 Million in African Energy Projects

Anna Hirtenstein - Bloomberg

Denham Capital Management LP, a London-based private equity firm, plans to channel at least $250 million into energy projects in Africa.
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Japan Post's $1.1 billion buyout fund aims to invest with KKR, Permira, others

Junko Fujita, Takahiko Wada - Reuters

TOKYO - Japan Post Holding Co’s new $1.1 billion private equity fund plans to team up with global buyout firms such as KKR, Blackstone and Permira to invest in companies in Japan and overseas, a senior group executive said.
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Advent International to buy UK electronics firm Laird in $1.65 billion deal


LONDON - U.S. private equity firm Advent International has agreed to buy British electronics and technology business Laird (LRD.L), the firms said on Thursday, valuing it at around 1.2 billion pounds ($1.65 billion) including debt.
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Oaktree seals €250m deal for Square in Tallaght

Ronald Quinlan -

US private equity giant Oaktree has completed its acquisition of the Square shopping centre in Tallaght.
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Schroders posts full-year profit beat on asset gains; shares rise

Simon Jessop - Reuters

LONDON - Asset manager Schroders posted a forecast-beating 23 percent rise in full-year pretax profit after market gains, acquisitions and inflows of new client money boosted total funds, sending its shares higher.
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Jared Kushner Met Private Equity Firms In White House, Got Massive Loans

ANUSHREE MADAPPA - International Business Times

On Wednesday, New York Times reported that private equity firm Apollo Global Management and Citigroup extended loans that amounted to more than half a billion dollars to a company owned by the family of President Donald Trump's son-in-law Jared Kushner.
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