The New York-based alternative asset manager overseeing over $1 trillion in assets said it plans to take advantage of the recent volatility in global markets by deploying some of its uncalled capital to pick up high-quality assets.
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THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

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    Brookfield looks to exploit market chaos with $119B war chest

    The New York-based alternative asset manager, overseeing over $1 trillion in assets said it plans to take advantage of the recent volatility in global markets by deploying some of its uncalled capital to pick up high-quality assets. Read here

      Clearlake seeks to triple credit assets to $100B

      The California-headquartered private investment group is aiming to triple its credit business with the launch of a unit to help the buyout firm grab a bigger slice of the booming asset class. Read here

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      Skechers in $9.42B deal, biggest in sneaker sector

      The California-based footwear and apparel company has agreed to be taken private by 3G Capital in the footwear industry's largest buyout to date, exiting public markets after 26 years as a popular brand. Read here

      PHOTO: ROWANSWIKI

      Skechers 300 ROWANSWIKI

      Fuel distributor Sunoco

      to buy Parkland for $9B

      The Texas-based energy infrastructure and distribution group has struck a deal to acquire the Canadian fuel company, a move that would create the largest independent fuel distributor in the Americas. Read here

      PHOTO: HARRISON KEELY

      Sunoco 300 HARRISON KEELY

      NEWS WORTH NOTING

      NEWS WORTH NOTING

      OpenAI agrees to buy Windsurf for about $3B

      The California-based artificial intelligence research and deployment company has agreed to acquire the AI-assisted coding tool formerly known as Codeium, according to reports citing reliable sources. Read here

      PHOTO: JERNEJ FURMAN

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      DEALS ROUNDUP

      • DoorDash, Deliveroo serve up $3.9B deal to take on rivals
      • Anysphere raises $900M in funding at around $9B valuation
      • Liftoff receives investment from General Atlantic at $4.3B
      • CoreWeave completes acquisition of Weights & Biases
      • Atlas Data Storage receives $155M in seed funding
      • HubSync gets over $100M investment from Thoma Bravo
      • Uber, WeRide set their robotaxi sights on 15 more cities
      • Orca AI pulls in $72.5M for autonomous shipping platform
      • Windfall Data secures $65M in Series B funding round
      • Rainmaker Technology snags $25M in Series A funding

        INTERNATIONAL MARKETS

        Wall Street banks avoiding Chery’s $1.5B Hong Kong IPO

        The Chinese automaker’s planned initial public offering — one of this year’s biggest listings — is being led by an all-Chinese bank roster after major lenders decided not to participate. Read here

        Synergy targets $1B for third India-focused fund

        The Dubai-headquartered investment firm led by former ArcelorMittal Executive Sudhir Maheshwari is ramping up private credit activity across Asia. Read here

        SMBC is closer to acquiring majority stake in Yes Bank

        Japan’s Sumitomo Mitsui Banking Corp is close to an agreement on buying a 51% controlling equity in the Indian lender,  potentially the largest banking deal in the subcontinent. Read here

          Citigroup partners with SIX in private markets push

          The global banking giant is teaming up with the Swiss stock exchange as part of a push to make it easier for investors to settle and store their private markets holdings. Read here

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