Tag Archives: acquisition

Lazard partners with tech focused PE firm Elaia Capital

Lazard yesterday announced a strategic partnership with Elaia Partners, a European venture capital firm, supporting them in all stages of their development, from seed to their listing of public markets. This involves the creation of a new Paris-based asset management … Continue reading

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Brookfield to acquire majority stake in credit manager Castlelake

The FT this morning reported that Brookfield Asset Management is in advanced talks to buy a majority stake in Castlelake with an investment of over $1.5 billion, including a large investment in Castlelake‘s private credit funds. Castlelake manages $22 billion … Continue reading

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Blue Owl expands into Real Estate Finance with Prima Capital Acquisition

Blue Owl is continuing its buying spree, this time for Real Estate Finance. The $165 billion multi-strategy alt manager (Credit, GP Strategic Capital, Real Estate), announced the acquisition of Prima Capital Advisors for the aggregate consideration of $170 million. Prima … Continue reading

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Blue Torch Capital Closes $2.3B Credit Opps Fund

Blue Torch, a NY based private credit manager surpassed the $2B fundraising target with the closing of Blue Torch Credit Opportunities Fund III, raising $2.3 billion. Similar to the other vintages, the fund will focus on bespoke credit solutions for … Continue reading

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Ex-Citadel trio partners with CC&L to launch FortWood Capital

The former Citadel EM Credit PM team including Michael Mormile, Jonathan Hartofilis and Richard Li have teamed up with Canadian multi-boutique asset manager Connor, Clark & Lunn to create FortWood Capital as a new boutique. FortWood will offer absolute return … Continue reading

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AXA IM buys private equity firm W Capital Management to strengthen private markets

AXA IM this week announced the acquisition of W Capital Management, a US based private equity firm focusing on GP-led and direct secondary investments. It will sit within AXA IM Prime, the firm‘s fully integrated provider of investment solutions across … Continue reading

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GSAM‘s Petershill buys stake in private credit firm Kennedy Lewis

Every asset manager it seems wants to get a piece of private credit these days, either by acquisition, minority stake or team liftout. Petershill Partners, Goldman‘s private equity firm this week bought some 20% of Kennedy Lewis from Azimut (which … Continue reading

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300B RIA Creative Planning Acquires ML&R Wealth Management

Creative Planning with $300 billion in assets under management and advisors in all 50 states and 90 countries is a behemoth of the RIA world… and it keeps scooping up smaller players. On April 2, 2024 Creative Planning CEO Peter … Continue reading

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Schroders increases US assets to $35b with STW acquisition

Global boutique investment specialist Schroders is continuing to build out business away from its UK home – today the firm announced the acquisition of STW Fixed Income Management in the US. STW is a US investment grade bond manager with … Continue reading

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Facebook buys Instagram: A picture says a billion dollars

Mark Zuckerberg just announced the acquisition of Instagram for a cool billion – another example of the appeal of images to document your life. A picture says more than a thousand words. Something in the neighborhood of a billion dollars, … Continue reading

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