The Chicago-based investment manager is considering selling a minority share in Nuveen Private Capital, which includes Churchill Asset Management and Arcmont Asset Management, according to reports.
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PHOTO: NUVEEN/PTB
Nuveen reportedly mulling stake sale in $78B private-capital unit
The Chicago-based investment manager is considering selling a minority share in Nuveen Private Capital, which includes Churchill Asset Management and Arcmont Asset Management, according to reports. Read here
X sheds part of debt with $4.7B deal with banks
Morgan Stanley and six other lenders have finally rid themselves of the bulk of their exposure to the financing they arranged for Elon Musk’s 2022 purchase of the social media platform.Read here
PHOTO: X
Invesco secures $1.4B
for direct lending vehicle
Atlanta-based Invesco Private Credit, one of the world's largest private credit managers, has held the final closing of its flagship Invesco Direct Lending Fund II raising new committed investable capital.Read here
PHOTO: INVESCO
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Google Gemini’s tailored help recalls past chats
The California-headquartered search giant’s AI chatbot can now customize answers based on the contents of previous conversations or remember information that users shared in another thread.Read here
GIP hires banks to sell Vena Energy stake at up to $10B
Global Infrastructure Partners has mandated Morgan Stanley and Mitsubishi UFJ Financial Group to manage the sale of its shares in the Singapore-based company. Read here
Bain acquires Apleona from PAI Partners in $4.2B deal
The Boston-based private investment giant has agreed to acquire the German integrated facilities management provider from the French private equity firm. Read here
ADIA-backed NIIF eyes $2B for private credit venture
India’s National Investment & Infrastructure Fund, a quasi-sovereign fund backed by global investors, is gearing up for a fresh fundraising round. Read here
ADNOC wins $1B drilling contract for offshore wells
The Abu Dhabi National Oil Company’s drilling subsidiary has been awarded a contract to hire two jack-up offshore rigs and associated manpower and equipment.Read here
