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Multi-strategy investor Davidson Kempner Capital Management has bolstered its asset-backed private credit fund capital with a more than $1.1bn final close of its sophomore fund in the strategy.
The post Davidson Kempner seals over $1.1bn for second asset-backed private credit fund appeared first on AltAssets Private Equity News.
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Franklin Templeton's credit arm Benefit Street Partners has scored $10bn of new investable capital through the final close of its latest real estate debt fund.
The post Benefit Street scores $10bn of new RE debt investable capital through latest fund close appeared first on AltAssets Private Equity News.
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Impact investor Creation Investments Capital Management has almost doubled the total raised for its debut credit fund through the more than $46m final close of its sophomore vehicle in the strategy.
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The upper end of the Porsche 911 lineup is getting an update — and a track-focused Weissach package.
The 2025 Porsche 911 GT3 starts at $224,495 with shipping and arrives at dealerships next summer.
A naturally aspirated 4.0-liter flat-six making 502 hp propels the coupe from 0 to 60 mph in as little as 3.2 seconds. The street-legal GT3 has a top track speed of 195 mph.
Porsche modified the teardrop-shaped trailing arms on the double-wishbone front axle to boost downforce at high speeds and improve brake cooling. The front ball joint of the lower trailing arm sits lower on the front axle to create an anti-dive effect that reduces pitch under braking.
The freshening gives the GT3 a sharpened design and better aerodynamics.
Porsche said the redesigned front diffuser, spoiler lip and modified underbody air guides increase downforce and optimize airflow. The automaker integrated the daytime running lights into the headlight module to create room for larger air intakes and deliver a cleaner look.
At the rear, the diffuser, air inlets, wing side plates and decklid are redesigned.
The GT3 with Touring Package, available at launch, offers optional rear seats and ditches the fixed wing. An active rear spoiler and the underbody air guides provide aerodynamic balance.
For the first time on the GT3, Porsche will offer a Weissach package featuring carbon fiber-reinforced plastic rear wing side plates, door mirror upper shells and front air blades.
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