Private Equity

Private Equity

Apollo Places $2.6 Billion Bet on New York Yankees

Photo via Gregory Fisher/Icon Sportswire DLV/Gregory Fisher/Icon Sportswire/Newscom

The announcement said the money will support “continued growth of the Yankees franchise as well as refinancing of existing debt.”

2 min read

Photo via Igor Golovniov/ZUMAPRESS/Newscom

Private Equity

KKR Profit Growth Challenges Private Markets’ Negative Narrative

As many private market firms struggle to sell assets to return cash to their eagerly waiting investors, KKR’s profits soared in the Q2.

1 min read
Photo via Richard B. Levine/Newscom

Private Equity

Blackstone’s AI Bet Fuels Blowout Growth While Rivals Grapple With “Zombie Funds”

Blackstone’s secret? Selling the one thing that’s hot: infrastructure for the vast artificial intelligence boom.

2 min read
Photo via Alan Siu Mui Lun/Newscom

Private Equity

Apollo Caps Private Credit Fund Withdrawals After Requests Near 17%

The firm estimates that gross outflows from Apollo Debt Solutions will be roughly $700 million for the quarter.

1 min read

Private Equity

Private Market Jitters Return as Partners Group Caps Withdrawals

Photo via SOPA Images/ZUMAPRESS/Newscom

The group limited withdrawals to 5% at its flagship private equity fund after second-quarter redemption requests reached nearly 10%.

2 min read

Private Equity

Blackstone Shrugs off Private Credit Concerns amid AI Focus

Photo via IMAGO/Vernon Yuen/IMAGO/Nexpher Images/Newscom

Concerns of AI disruption for software firms is had had investors yanking money from private credit funds, including Blackstone’s BCRED.

2 min read

Alternatives

From Crypto to Private Credit, Alts Attract Millennials Flush with Inherited Wealth

Photo illustration by Connor Lin / The Daily Upside, Photo by Thanumporn Thongkongkaew via iStock

Rather than sticking with stocks and bonds, millennials are seeking higher returns from alternatives like crypto and private credit.

4 min read

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