33 stories tagged #Blackstone

  1. Thoma Bravo Set to Transfer Medallia to Lenders in $5.1 Billion Deal
    finance

    Thoma Bravo Set to Transfer Medallia to Lenders in $5.1 Billion Deal

    Private equity firm Thoma Bravo nears agreement to hand over software firm Medallia to its lenders, wiping out substantial equity amid debt restructuring.

    2mo ago 1 min read
  2. Thoma Bravo Nears Deal to Hand Medallia to Creditors
    finance

    Thoma Bravo Nears Deal to Hand Medallia to Creditors

    Private equity firm Thoma Bravo is reportedly close to transferring software company Medallia to its lenders amid restructuring talks, potentially wiping out billions in equity.

    2mo ago 1 min read
  3. Alternative Asset Managers Face Investor Scrutiny Over AI and Redemptions
    finance

    Alternative Asset Managers Face Investor Scrutiny Over AI and Redemptions

    Major alternative asset managers are under pressure from investors concerned about AI disruption and declining demand for private credit, testing their ability to retain capital.

    2mo ago 1 min read
  4. US Authorities Scrutinize $1.8 Trillion Private Credit Market for Financial System Risks
    finance

    US Authorities Scrutinize $1.8 Trillion Private Credit Market for Financial System Risks

    Federal Reserve and Treasury Department assess potential spillover effects from the rapidly expanding private credit sector, examining bank and insurer exposures.

    2mo ago 1 min read
  5. Birla, Blitzer, Blackstone, and Times of India Group acquire IPL's RCB for $1.78 billion
    sports

    Birla, Blitzer, Blackstone, and Times of India Group acquire IPL's RCB for $1.78 billion

    Consortium led by Aditya Birla Group and Blackstone acquires Royal Challengers Bengaluru for record $1.78 billion in IPL deal.

    3mo ago 1 min read
  6. Royal Challengers Bengaluru Sold for $1.78 Billion
    sports

    Royal Challengers Bengaluru Sold for $1.78 Billion

    A consortium led by Aditya Birla Group and Times of India acquires IPL team Royal Challengers Bengaluru from Diageo’s United Spirits in a landmark $1.78 billion deal.

    3mo ago 1 min read
  7. RCB Sold for $1.78B in Major IPL Deal
    sports

    RCB Sold for $1.78B in Major IPL Deal

    Consortium led by Aditya Birla Group acquires Royal Challengers Bengaluru for $1.78 billion, marking a pivotal moment in IPL franchise valuation and sports investment.

    3mo ago 1 min read
  8. OpenAI Offers 17.5% Guaranteed Return to PE Firms Amid Enterprise AI Turf War with Anthropic
    finance

    OpenAI Offers 17.5% Guaranteed Return to PE Firms Amid Enterprise AI Turf War with Anthropic

    OpenAI is offering private equity firms a 17.5% minimum return and early model access to secure joint ventures-outpacing Anthropic’s non-yielding enterprise deal as both race toward IPOs.

    3mo ago 1 min read