The landscape of real estate investment is ever-changing, and recent signals from the Federal Reserve suggest that this fluidity will continue. As investors, it’s crucial to understand that the dynamics of interest rates, as discussed in the Federal Open Market Committee (FOMC) meetings, do not guarantee a predictable rise in property values. Instead, a strategic…
All posts tagged Private equity
CenterOak sells SurfacePrep to Nautic Partners
CenterOak Partners LLC, a Dallas-based private equity firm, has sold SurfacePrep, a global distributor of surface enhancement solutions, to Nautic Partners, a middle-market private equity firm. This is the second exit for CenterOak in 2024, after selling CollisionRight, a regional auto body repair provider, in January. SurfacePrep, based in Grand Rapids, Michigan, offers a wide…
McNally Capital appoints Lou Rassey as Co-CEO and Managing Partner
McNally Capital, a private equity firm, announced today that Lou Rassey, a former CEO, entrepreneur, and McKinsey Partner, has joined the firm as Co-Chief Executive Officer (Co-CEO) and Managing Partner. Rassey will work alongside Founder, Co-CEO, and Managing Partner Ward McNally to lead the firm’s growth, innovation, and operational excellence. Rassey brings 30 years of…
M&G acquires leading impact investor, responsAbility Investments
LONDON, UK: M&G plc, the international savings and investments business, has agreed to acquire a majority stake in responsAbility Investments AG, a leader in impact investing focused on private debt and private equity across emerging markets. M&G has agreed to acquire approximately 90% of the issued share capital of responsAbility, and expects to acquire the…
AMP and Ares Management to partner for AMP Capital’s private markets businesses
AUCKLAND: AMP Limited and Ares Management Corporation have entered into a non-binding Heads of Agreement to pursue the formation of a joint venture for AMP Capital’s private markets businesses of infrastructure equity and infrastructure debt, real estate and other minority investments. Under the proposed transaction, Ares would acquire 60 percent of Private Markets and assume…
3i Group Plc
3i Group was created in 1987 when the banks sold off their stakes to form a public limited company. In 1994 the company was floated on the London Stock Exchange with a market capitalisation of £1.5 billion. 3i invests in mid-market buyouts, growth capital (minority) and infrastructure. Sectors invested in are business and financial services,…
U.S. insurers’ private equity holdings continue to climb
NEW YORK: U.S. insurance companies for a fourth-straight year increased their private equity holdings by nearly 10% in 2019 to $81.3 billion as this asset class remains attractive to insurers looking to diversify their investment portfolios or increase returns in the low interest rate environment, according to a new AM Best special report. The Best’s…
Trichome Financial Platform launches Trichome Special Opportunities and Trichome Advisory Partners
TORONTO: Trichome Financial Corp. has announced the launch of Trichome Special Opportunities (TSO), a private equity unit focused on providing strategic capital to companies operating across the cannabis value chain that are experiencing financial and/or operational difficulties. Howard Steinberg, a director of the Company with over 25 years of restructuring, private equity and private credit…
Investcorp raises up to $142 million in its maiden private equity India fund
BAHRAIN: Global alternative asset manager Investcorp, announced the final close of its maiden Private Equity Fund offering for India. The fund gained a total capital commitment of around Rs 1000 Crore ($142 million), within a few months of Investcorp establishing its lndia presence. The limited partners of the fund comprise a well-diversified universe of Indian…