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Kirkland advised private equity global growth investor Warburg Pincus LLC on the first close of its first multi-asset continuation fund transaction, with over $2.2 billion in commitments.

A Kirkland team led by investment funds partners Mark Boyagi, Patrick Vinett and Rob Blaustein and corporate partner Adam Larson advised private equity global growth investor Warburg Pincus LLC on the first close of its first multi-asset continuation fund transaction, with over $2.2 billion in commitments. Read more: https://lnkd.in/ggAZVF4f

A Weil team led by Private Funds partners Peter Boulle and James Bromley advised Apse Capital Limited, a London-based private equity firm, on the successful closing of a €350 million continuation fund. The new vehicle was established to acquire three existing assets from Apse Capital Bridge Fund, with the aim of continuing their organic growth and providing further capital for strategic M&A activities. View the full Weil team: https://lnkd.in/eYkyZAFT

A step in the right direction

We are thrilled to announce another successful equity close! Redwood Powell Home Road OH P1 closed earlier this month, raising $15,899,500 as part of the Redwood Columbus Joint Venture Opportunity. Investors in the first phase of Redwood Powell will earn a 10% preferred return and share in 20% of the equity interests! Interested in getting access to our upcoming pipeline of #BTR equity deals like this one? Reach out to our dedicated Investor Relations team: Kayleigh Wilson, Ryan Keller, and Jocelyn Musarra, CAPS #MultifamilyInvesting #RealEstateInvestments #BuildtoRent #RealEstateInvestors

A Kirkland team led by investment funds partners Tarsis Goncalves, Sean Malone and John Senior and corporate partner Jai Agrawal represented private equity firm Court Square Capital Management, L.P. on the completion of a single-asset continuation fund to continue its partnership with PlayCore Group, Inc. Read more: https://lnkd.in/grU_BnfU

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Have your clients outgrown their investment strategy? Individual investors can now access this huge opportunity in #PrivateMarkets. Private Wealth Solutions’ mission is to bring Blackstone’s institutional quality investment acumen, best-in-class client service, and access to education to advisors and their clients. There’s never been a better time to #BuildwithBlackstone.

Just in: Goldman Sachs’ specialty asset manager unit Petershill acquires minority stake in Kennedy Lewis Investment Management LLC Established in 2007, the unit specialises in acquisitions of stakes in alternative asset managers, such as private equity sponsors and hedge funds. Signalling bullish view on the private credit market, Petershill acquired c.40% of the credit manager including the 20% stake sold previously to Azimut Group. From the deal Petershill will receive 30% of fund carry, reports Bloomberg. Azimut will be walking away with $225m for the transaction, having had reportedly acquired the original stake in 2020 for $60m. Kennedy Lewis current business segments include private credit, business development companies, CLOs and REITs. Continued double down on the private credit market which is gradually heating up with competition. Likely more consolidation of fund flows and firms to be seen later this year. Follow to stay updated in private credit and alternative investment. #privatecredit #privateequity #investmentbanking #goldmansachs #hedgefunds

PE News Weekly 📈 📍 Ares Management and Joe Tsai are negotiating with Miami Dolphins owner Stephen Ross to acquire stakes in the team and related assets, valuing the deal at $8.1 billion. Ares would get a 10% share, while Tsai's Blue Pool Capital would take 3%. This follows a recent NFL rule change allowing private equity investments in franchises. 📍 The ESG data landscape is improving, with LPs and GPs increasingly aligning on reporting standards. Significant progress has been made in climate-related metrics, but challenges in data quality and governance remain. 📍 Blackstone aims to raise $10 billion for a new Asia-focused private equity fund. The fund will target various sectors across the region, expanding Blackstone's footprint in Asia's growing markets. #privateequity #privateequitynews #rawselection #penews