Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
Stonepeak and KJTS announced their Malaysian district cooling joint venture on 14 March 2025. The proposed capitalization was up to MYR1.5 billion through aggregate sponsor commitments and debt, rather than an exclusively Stonepeak equity investment. Its first investment mandate covered district cooling and electricity distribution assets in Malaysia. The partners identified expanding cities, data-center construction and efficiency requirements as demand drivers. KJTS supplies operating and engineering expertise while Stonepeak brings capital and infrastructure experience. Linklaters and Rahmat Lim advised Stonepeak; Skrine advised KJTS. A March 2026 release confirms the platform as Lestari Cooling Energy and adds KWAP, with up to approximately MYR190 million expected pension capital.
Schroders Capital announced its appointment to manage the Brussels Covent Garden commercial property, strengthening its local Continental European real estate investment management platform.
Oxford's board appointed Timothy A. Lex as President and Chief Executive Officer. Founder and outgoing CEO J. Alden Philbrick IV moved to Executive Chairman and continued as board chairman. Lex had served as Chief Operating Officer since 2007 and as a board member since 2016. Both remained on the board.
Golden Gate Capital completed the sale of Stonehill Environmental Partners, an energy water-infrastructure business it launched in 2021. The announcement did not disclose the buyer or financial terms.
Walgreens Boots Alliance announced an agreement to be acquired by Sycamore Partners at an announced maximum transaction value of USD 23.7 billion. Shareholders would receive USD 11.45 cash per share and a contingent right to up to USD 3.00 per share from VillageMD monetization. Wells Fargo was a financial adviser to Sycamore. The maximum includes contingent consideration and is not a fixed cash purchase price.
Wellington recruited Ravi Anand as Head of Private Real Estate Credit plus three experienced colleagues from PIMCO to form its new credit platform.
BlackRock completed its acquisition of Preqin. Preqin would continue to be available as a standalone private-markets data solution. BlackRock said joint customers could access Preqin benchmarks through Aladdin, with further integration of data and research into Aladdin and eFront planned.
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.
Trimont announced completion of its acquisition of Wells Fargo’s non-agency third-party commercial mortgage servicing business. Approximately 700 Wells Fargo employees joined the combined servicing platform. The transaction followed the August 20, 2024 agreement. The release did not disclose purchase consideration.
Rothesay committed £150m to fund THFC's new unsecured social-housing retrofit facility. NWF provided the initial financial guarantee. The amount is Rothesay's commitment, not the aspirational future facility size.
Carlyle, Arcmont and Natixis provided a €470 million financing package to Italian diagnostics provider Bianalisi. The funding refinances debt and supports expansion. The announced figure is the combined package and does not identify Carlyle’s individual share.
Shareholders approved a new managed wind-down investment policy for Schroders Capital Global Innovation Trust, prioritizing realization and return of capital instead of new long-hold venture deployment.
KIRKBI announced the placement of 9,283,412 ISS shares at DKK 163.10 per share. Morgan Stanley served as sole bookrunner. Settlement was expected on 28 February 2025 subject to conditions. The announced partial disposal precedes the full divestment recorded in the 2025 annual report.
Copenhagen Infrastructure Partners, on behalf of Copenhagen Infrastructure V, signed a transaction to acquire full ownership of the 480 MW Morecambe offshore wind project from COBRA Group and Flotation Energy. Closing remained subject to customary approvals and conditions. Flotation Energy would remain a development partner. Financial terms were not disclosed.
Blackstone Infrastructure announced that its managed funds agreed to acquire Safe Harbor Marinas from Sun Communities for USD 5.65 billion. Wells Fargo was lead financial adviser to Blackstone Infrastructure and provided committed financing. The acquisition remained subject to closing conditions. The full purchase price is not Wells Fargo’s financing exposure.
Schroders Capital appointed Vikram Bhandari Head and Chief Investment Officer of Schroders Capital Solutions, its multi-private-markets solutions business. Bhandari had prior experience leading alternatives portfolio solutions at BlackRock.
Carlyle agreed on 21 February 2025 to sell TOTOKU to SWCC and Development Bank of Japan. SWCC’s completion notice confirms acquisition of all shares on 27 March 2025, with SWCC owning 51% and Development Bank of Japan 49%. The accounting consolidation date of 31 March is distinct from the actual closing. Carlyle had acquired TOTOKU in December 2022. Financial terms were not disclosed.
Bluebird bio signed an agreement to be acquired by Carlyle and SK Capital. The original offer was $3 per share plus a contingent $6.84 per-share payment linked to a sales milestone. These were the February 2025 terms; the May amendment and June completion are recorded separately.
Final close raised US$194M against US$150M target including US$27M affiliate commitments for inaugural CLO Partners Fund.
Carlyle Aviation Partners issued $518 million of secured notes through AASET 2025-1 Trust. The aircraft asset-backed securitization finances the purchase of 23 aircraft. The note issuance is distinct from firm-total AUM or an equity investment in an operating company.
Antares launched ABDC, a public non-traded private credit BDC, with more than $1.4 billion of investable capital. Antares Capital Credit Advisers LLC manages the fund, which invests mainly in senior secured floating-rate loans to private equity-backed U.S. middle-market borrowers. Disclosed participating investor groups included insurance companies, banks, family offices, pension plans and CPP Investments, the Antares majority owner. Vivek Mathew was identified as CEO and president of ABDC. Investable capital is not the same as investor paid-in capital, final fundraising proceeds, fund net assets, or group total AUM.
Wells Fargo confirmed that the OCC terminated its 2018 consent order relating to the company’s compliance risk management program. The company identified this as its tenth consent order closure since 2019, as of February 13, 2025.
Carlyle completed controlling investments in Highway Industries and Roop Automotives to create a global auto-components platform. Carlyle Asia Partners funds supplied the equity, with founders retaining stakes. Financial terms and exact ownership percentages were not disclosed.
Schroders Capital, on behalf of its European Leased Hotel Fund, acquired the 185-room NH Collection Milan CityLife hotel from an Invesco Real Estate European Hotel Fund. Neither manager disclosed price in the cited announcement.
Carlyle reported unaudited results for the fourth quarter and full year ended 31 December 2024, including pre-tax income of $265 million for the quarter and $1.4 billion for the full year. The release reported group assets under management of $441 billion as of 31 December 2024. This news preserves the reporting period separately from the publication date.
Oaktree announced the final closing of its Opportunities Fund XII strategy with approximately $16 billion in commitments, including co-investment and affiliated vehicles. The Global Opportunities investment program focuses on liquid and private distressed and opportunistic credits, rescue financings and bespoke capital solutions. The fundraising total does not represent the standalone legal fund's NAV.
Fortress funds completed the acquisition of Loungers PLC for £354.4M, acquiring the entire issued and to-be-issued share capital of the company.
BCI announced the closing of its sale of a majority equity interest in Hayfin Capital Management to Arctos Partners on February 10, 2025. BCI had invested in the European-focused private credit platform in 2017 and participated in its development as an asset manager. Although the equity stake was sold, BCI continued as a significant strategic limited partner in selected Hayfin funds. The transaction agreement had been announced in July 2024. Neither the exit consideration nor BCI's residual LP commitments was disclosed, so those figures should remain blank.
