Bridge(t) Loans
No bridge is too far. At least not for Apollo Global Management. The global investment firm has nearly doubled its real estate AUM following the decision to purchase Bridge Investment Group for approximately $1.5 billion in stock.
VC/DC: Back in Black
VC secondaries are experiencing quite the dramatic rebound; you could say they are positively surging. By last December, the median discount over a 12-month period had risen from 46% to just 3% according Zanbato data published in PitchBook’s 2024 Annual European Venture Report.
M&G heats up Nordics with private credit deal
M&G Investments has ambitions to become the European champion in private markets following news that it is acquiring a majority stake in P Capital Partners, one of Sweden’s well-established private credit managers.
Rack up those data centers
DeepSeek has made headlines with the reported low cost training of its models. But this is not deterring investment firms like Blackstone, who do not expect these latest developments to impact data centers.
Gu(ardian) of the Secondaries Galaxy
Ardian has just raised $30 billion for its ninth generation secondaries fund. That makes it the largest secondaries fund ever launched, reflecting the incredible rise to prominence of private equity secondaries; will it be on track to exceed last year’s $150 billion in deal volume?