The Connecticut-based credit investing firm, which now oversees $35 billion in assets, has held the final close of its Silver Point Specialty Credit Fund III aimed at providing loans to mid-sized companies.
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Silver Point raises $8.5B for private credit funds
The Connecticut-based credit investing firm, which now oversees $35 billion in assets, has held the final close of its Silver Point Specialty Credit Fund III aimed at providing loans to mid-sized companies. Read here
Comcast to spin cable TV networks over streaming
The Philadelphia-based media and technology giant is planning to spin off the bulk of its NBCUniversal cable TV networks, including MSNBC and CNBC, as it repositions itself for growth in streaming.Read here
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Thompson Street mulls $1B sale of Freddy’s
The Missouri-based private equity owner of Freddy's Frozen Custard & Steakburgers is working with investment bank William Blair to launch a sale process for the fast-casual restaurant chain.Read here
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AI will force investors to become macro aware
Ever-improving product features and innovative growth strategies have driven investment returns in tech far more than things like aggregate growth, but artificial intelligence is ripping up this script.Read here
The Japanese flash memory and solid-state drives specialist plans to debut on the Tokyo Stock Exchange in mid-December, fast-tracking its move to stay competitive. Read here
Philippine bourse expects $2.4B fundraising in 2025
The Philippine Stock Exchange expects capital sourcing activities to grow next year with more companies looking to go public, amid another interest rate cut. Read here
Galderma backers offer $1.45B stake in new deal
Several shareholders of the Swiss-based global leader in dermatology are offering about a 6.7% stake in the skincare group, according to terms of the deal. Read here
Trustar raises $1B for fund holding McDonald's stake
The Asia-focused private equity firm has built a continuation vehicle that will hold its controlling stake in McDonald Corp’s operations in China and Hong Kong.Read here