Private Equity Apollo Plans to Sell Assets it Originates to Retail, ETFsThe firm already sells credit instruments to insurers, including its own Athene unit, and institutional investors. May 30, 2024
Lending Peak Private Credit Fears Force Funds to Scrabble for ReturnsSome firms are finding the going so tough, they’re choosing to walk away entirely. May 30, 2024
Real Estate U.S. Banks Have a Commercial Property Blind Spot, Study WarnsBig banks’ exposure to CRE lending grows by about 40 percent when indirect lending to REITs is added. May 30, 2024
Lending PE Firms Seek to Standout in Crowded Music Rights FieldPE's interest in music rights has exploded in recent years, driven by mainstream use, price hikes and diversification of services. May 30, 2024
Retail Sony in Talks to Buy Queen’s Music Catalog in Potential $1B DealEarlier this year, Sony acquired a half interest in pop star Michael Jackson’s music catalog from the late singer’s estate for at least $600 million. May 29, 2024
Lending Private Credit Has Too Much Cash and Not Enough Places to Put ItTo win deals, managers in the $1.7 trillion industry are offering cheaper pricing and giving up key investor protections. May 23, 2024
Financial services Banks, Private Credit Firms Face Off to Finance PowerSchool BuyoutOne version of the financing reportedly includes a $2.4 billion funded term loan, a $500 million delayed-draw term loan and a $300 million revolver. May 22, 2024
Private Equity Blackstone Expands Equity Ownership to Workers in Future DealsAs private equity has become a bigger force in society, how the industry treats and retains its workforce has come under more scrutiny. May 22, 2024