Private Markets
Editorial articles and market analysis covering Private Markets on FinancialMarkets.com.
Latest articles
- Private Credit Has Record Money and Fewer Deals. Big Lenders Are Chasing Smaller Borrowers
- Getty Images Won Court Approval for $85 Million of Bankruptcy Financing From a Koch Affiliate
- SK Telecom's Data-Center Arm Is Seeking Partners for a $350 Billion First Phase
- DeepSeek's Round Values It at a Reported 500 Billion Yuan, About 42% Above the Value Implied by Its June Round
- OpenAI Is Close to Raising Up to $30 Billion at $1.25 Trillion, Reports Say. The Price Under Discussion Was $1.4 Trillion
- LSEG Is Paying Up to About 12 Times Revenue for Octus, and Borrowing to Do It. Management Is Selling Alongside Permira
- Two Canadian Pensions Are Selling Control of Associated British Ports to Another Pension-Backed Fund
- DeepSeek's $15 Billion Round Counts CATL and Tencent Among Its Biggest Backers, Bloomberg and Reuters Report
- Private Credit Raised the Most in Five Years in the First Half. The Retail Funds Are Where Investors Want Out
- Blackstone Raised $63.3 Billion but Cashed Out Less. Its Wealth Fund Paid Only About Half of Withdrawal Requests
- Verisure Trades About 30% Below Its IPO Price a Year After Listing. CVC Is Exploring a Bid
- A Listed Private Equity Fund Will Buy Back Shares at 90% of Its Asset Value. Its Shares Trade Near 71%
- LSEG Will Pay $3.5 Billion in Cash for Octus. Exchanges Are Buying the Data Behind Private Credit
- EQT Agreed to Pay 46.50 Euros a Share for Qiagen. About 72% of the Premium Was Already in the Price
- Blackstone and Warburg Pincus Are Reported to Be Exploring a Sale of IntraFi at More Than $10 Billion. Sources Cite $630 Million of Annual EBITDA, a Multiple of About 16 Times
- Two UK Deals Reported at About £1 Billion Each Show Who Is Buying: a Goldman Sachs Unit and a Gulf-Backed Consortium
- Blackstone and Apollo Are Reported to Be Seeking the NFL's Approval to Buy Team Stakes. Blackstone Left an Approved Consortium Last Year
- Getty's Bankruptcy Plan Runs on a Short Clock: Financing Approval Is Due Near Oct. 26, and Holders of 16.5% of Its Unsecured Notes Have Not Signed On
- Pantheon Raised 71% More Than Its Target for Secondaries. The Money Is Aimed at Liquidity as Fewer Funds Reach a Final Close
- Legora Raised at a Valuation 57% Above Its Last Round Six Months Ago, Led by a Crossover Fund. At No More Than 44 Times Run-Rate Revenue, the Price Rests on Growth
- Arini Disclosed a Lending Target, Not a Fund Size. Its More-Than-$4 Billion Figure Includes Leverage
- Four Startups Were Valued at $1 Billion or More in Two Days. One Round's Headline Included $25 Million of Debt
- Ember Will Pay 615 Pence for Ashtead Technology, an 81% Premium to the Undisturbed Price. Against the Price After the Approach Became Public, It Is About 13%
- MA Financial Moved From a 1% Redemption Limit to a Full Freeze in Its Property Credit Fund. Its Corporate Lending Books, It Says, Are Performing
- Otter.ai Has Not Put a Price on Its Shares Since 2021. Its New $320 Million Is Repayable, While Two Other Startups Raised Equity the Same Day
- Ara Partners' First Energy Fund Closed at Its $1.8 Billion Hard Cap. The $2.5 Billion Headline Includes $700 Million That Is Not in the Fund
- Qiagen Trades Within About a Dollar of EQT's Reported $50 Floor. Two Buyout Bidders Still Face the Acceptance Test That Sank a 2020 Offer
- New York City's Pension Chief Says Private Equity Is Charging Investors More, Down to a Request to Cover Private Jets. He Links It to the Push for Retail Money
- Investors Committed $8.7 Billion to Blackstone's Energy Transition Fund, About 55% More Than Its Last One. The Money Is Going Into Power Generation and Grids
- Tradeweb Is Paying About $1.97 Billion for Trumid, About 96% of It in Cash. Trumid's Private Backers Get an Exit That Did Not Need an IPO