Sachin Bavishi, a senior managing director, will relocate to San Francisco to lead and establish Blackstone private equity’s West Coast presence.
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Tiger Global cut VC fund valuations by a third last year [Daily News]
Tiger Global Management slashed the value of its investments in venture funds by about 33% last year, which equates to around $23 billion, according to a report by Bloomberg citing an unnamed source...
Apollo-led investor group, in partnership with J.F. Lehman and Hill City, complete take-private buyout of Atlas Air [PE Hub]
According to terms of the agreement, Atlas Air Worldwide Shareholders are entitled to receive $102.50 in cash for each share of Atlas Air they own. Source Author: Iris Dorbian
Brookfield gathers $125bn war chest as CEO sees recession [buyout/ takeover]
Brookfield Asset Management’s earnings declined as volatile markets weighed on valuations of private assets, but the firm says it’s still on track for its biggest year of fundraising ever....
KKR Vies With Cellnex for $14bn Vodafone Tower Arm [Private Equity Insights]
KKR & Co. is seen as the party to beat as it competes with Cellnex Telecom SA in the final race for a stake in Vodafone Group Plc’s towers unit, people with knowledge of the matter said....