News

KKR released “An Alternative Perspective: Past, Present, and Future,” which charts the evolution of the private alternatives market from its inception to its sizeable global footprint today.

Texas Capital Bank Private Wealth Advisors, a subsidiary of Texas Capital Bank, and the Texas Capital Funds Trust launched Texas Capital Government Money Market Exchange Trade Fund, which will hold highly liquid, short-term U.S. government debt instruments and cash equivalents.

Citizens M&A Advisory served as the exclusive financial advisor to Blue Mantis, an IT services provider, on its recapitalization by Recognize Partners. The recapitalization will enable Blue Mantis to benefit from increased cybersecurity spending and focus on growing client demand.

KBRA assigned issuer and senior unsecured debt ratings of BBB- to BlackRock TCP Capital. The rating outlook is stable.

Global law firm Clifford Chance has advised Viking Global Investors, a global investment firm based in the United States, in acquiring a significant minority stake in Humaneva, a spin-off of NEUCA.

Persistent inflation and election-year uncertainty will lead to lower spending across the board this holiday season, according to AlixPartners. Shoppers are more likely to start shopping after Halloween, hunt for deals, consider value brands and cut back on gifts for...

Northleaf Capital Partners, a global private markets investment firm, opened its new office in Seoul, Republic of Korea. This marks Northleaf’s tenth global office. The Seoul office is led by Chung-hyun (Alex) Lee, managing director, who joined Northleaf earlier this...

KKR, a global investment firm, closed KKR Ascendant Fund SCSP, a $4.6 billion fund dedicated to investing in middle-market businesses in North America. The fund will target established companies with strong growth potential across seven industry verticals.

Major private equity firms are increasing their focus on the middle market due to a surplus of unsold companies, according to Pitchbook.

Vertex Energy, a specialty refiner and marketer of refined products, entered into a restructuring support agreement (RSA). To facilitate the transactions contemplated under the RSA, including exploration of a sale transaction, the company commenced chapter 11 cases.