Curated news across firms, funds and deals — updated as our analysts add it.
Jul ’26 was the most active month with 32 tracked items. Deal leads this view (8 of 8).
Russell Investments was appointed to provide foreign exchange hedging services for ERAFP.
Third Point completed its acquisition of AS Birch Grove LP on 03 March 2025, adding CLOs, opportunistic private credit, multi-strategy credit, senior loans and high yield capabilities. Post-acquisition Third Point AUM became $21 billion.
Third Point completed its acquisition of Birch Grove, adding a diversified alternative credit platform with more than $5 billion of CLO assets under management and capabilities spanning opportunistic private credit, multi strategy credit, senior loans and high yield bonds. Third Point stated that the transaction increased its AUM to $21 billion.
Fortress funds completed the acquisition of Loungers PLC for £354.4M, acquiring the entire issued and to-be-issued share capital of the company.
Third Point entered into a definitive agreement to acquire Birch Grove, a diversified alternative credit manager with approximately $8 billion AUM, designed to complement Third Point's existing structured, corporate, distressed and private credit strategies.
The African Development Bank’s Board of Directors has officially approved a $75 million commercial loan to the Ghana Infrastructure Investment Fund for its portfolio expansion. The capital injection will allow GIIF to scale its investments in crucial national infrastructure projects across Ghana. This financing serves as a major validation of the fund's investment framework by a leading multilateral lender.
Summer Fridays (or “the Company”), a clean, premium skincare and hybrid makeup brand, today announced it has received a strategic growth investment from TSG Consumer Partners (“TSG”), a leading private equity firm. The two co-founders, Marianna Hewitt and Lauren Ireland, will retain a significant stake and continue to lead the Company along with the rest of the Summer Fridays management team. Prelude Growth Partners (“Prelude Growth”) will exit its investment in the Company as part of the transaction.
TSG Consumer Partners (“TSG”), a leading private equity firm, announced the successful final closing of its ninth fund, TSG9 L.P. (“TSG9”), with $6 billion of capital commitments. As with its predecessor fund, TSG9 was substantially oversubscribed, with demand well exceeding its initial $5 billion target. With the closing of TSG9, TSG now has approximately $20 billion in assets under management. TSG is a pioneer in focused sector investing and one of the first private equity funds to invest solely in consumer companies. With over 30 years of investment experience, TSG has a well-honed and proven strategy for driving growth at both well-established and earlier-stage consumer businesses. The fund will primarily invest in high-growth consumer companies with revenues between approximately $100 million and $1 billion.