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Palm Peak Capital, launched two years ago to target lower-mid-market industrial and services companies, has raised $374m at the hard cap final close of its debut fundraise.
The post Ex-Sun Capital Partners trio seal $374m hard cap close for debut Palm Peak Capital fund appeared first on AltAssets Private Equity News.
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Stocks Fall, Oil Climbs with Geopolitics in Focus: Markets Wrap BloombergSouth Korea's Kospi hits fresh record high for second straight session amid regional declines as U.S.-Iran tensions take hold CNBCOil heads for first weekly gain in three as US-Iran tensions brew ReutersOil Futures Gain on Rising Fears of U.S.-Iran Conflict The Wall Street Journal
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Mid-market buyout house HGGC has soared past its hard cap for its latest flagship fundraise to hit a $3.2bn final close for the vehicle.
The post HGGC soars past Fund V hard cap to strike $3.2bn final close, less than a year after vehicle's launch appeared first on AltAssets Private Equity News.
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Bank of America Commits $25 Billion of Its Own Cash to Private Credit Deals Bloomberg.comBank of America commits $25bn to private credit lending Financial TimesBank of America commits $25B to private credit deals - report (BAC:NYSE) Seeking AlphaBofA commits $25 billion to private credit deals, Bloomberg News reports By Reuters Investing.comBo
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The lender's announcement that investors would no longer be able to ask for a set amount of money back from its funds prompted worries about the private credit industry.
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