Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
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.
Fund V final close €10.2bn against €10bn target; committed fund capital is not total firm AUM.
Carlyle agreed to sell aerospace and industrial forged-components manufacturer Forgital Group to Stonepeak. Carlyle had invested in Forgital in 2019. The December 2024 announcement anticipated closing in the second quarter of 2025, subject to customary conditions. Financial terms were not disclosed.
Carlyle closed its third Credit Opportunities Fund with $7.1 billion of investable capital, including $5.7 billion of capital commitments and leverage. The commitments and leveraged investable-capital figures are distinct. The fund follows Carlyle’s global opportunistic credit strategy.
Carlyle AlpInvest and Mubadala established a partnership for senior fund finance backed by private-equity portfolios. The partners had completed an initial investment, whose identity and amount were not disclosed. The platform’s prospective financing activity does not establish a directional Carlyle-parent LP commitment.
Carlyle agreed to sell digital employee-experience software provider 1E to TeamViewer at $720 million enterprise value. Carlyle Europe Technology Partners IV was the selling investment fund. The December 2024 announcement described closing as subject to approvals. Enterprise value is distinct from Carlyle’s proceeds.
Antares announced it was a lead investor in newly established Sconset Re, an independent reinsurance company created to reinsure selected Allianz assets. Voya Financial was also named among institutional equity partners. Antares was appointed a direct lending asset manager for a portion of the new reinsurer's assets, targeting sponsor-backed middle-market senior secured loans. The financing structure also involved Deutsche Bank in advisory and debt arrangement roles. Antares did not state its exact equity subscription, ownership percentage or the vehicle's final committed equity capitalization. Its role as both investor and asset manager is explicitly distinguished.
Carlyle agreed on 9 December 2024 to acquire a majority of Waste Services Group from Livingbridge, which would reinvest for a significant minority interest. Livingbridge’s 17 December 2024 recap lists WSG among its partial realisations. The recap does not establish an exact transaction closing day; no ownership percentage or individual investment amount is inferred.
BlackRock and HPS Investment Partners signed a definitive agreement for BlackRock to acquire HPS for approximately $12 billion in equity consideration. The parties planned to combine their private-financing businesses under Scott Kapnick, Scot French and Michael Patterson. The announcement expected closing in mid-2025, subject to regulatory approval and customary conditions. HPS client assets were separate from the stated acquisition consideration.
Amcor and Berry Global announced an all-stock combination with Berry shareholders to receive 7.25 Amcor shares per Berry share. Amcor and Berry shareholders were expected to own approximately 63% and 37% of the combined company respectively. Wells Fargo and Lazard advised Berry. The original joint announcement’s exchange terms are preserved independently of later acquisition-accounting consideration.
Carlyle reported unaudited results for the third quarter ended 30 September 2024, including pre-tax income of $789 million. The release reported group assets under management of $447 billion as of 30 September 2024. This news preserves the reporting period separately from the publication date.
Monroe closed a $315 million collateralized fund obligation, a securitization structure rather than LP commitment.
Carlyle announced its completed acquisition of Kyoden, a Japanese manufacturer of printed circuit boards and electronic assemblies. The investment supports manufacturing development and international expansion. Acquisition terms and exact ownership percentage were not disclosed.
Carlyle announced completion of its acquisition of Worldpac from Advance Auto Parts on 4 November 2024. The seller’s SEC filing confirms that legal closing occurred on 1 November, following the 22 August agreement, for approximately $1.5 billion cash subject to adjustments. John Hamilton became President and CEO, and Bob Cushing became Strategic Advisor.
Stonepeak agreed on 4 November 2024 to acquire Air Transport Services Group for approximately $3.1 billion enterprise value in an all-cash transaction. Shareholders were offered $22.50 per common share, a stated 29.3% premium to the prior trading close. The agreement included a go-shop mechanism and fully committed debt and affiliated-fund equity financing. ATSG combines cargo-aircraft leasing with passenger and freight flying, maintenance and ground services. Stonepeak linked the investment to e-commerce demand and its North American infrastructure strategy. Evercore advised Stonepeak, supported by Simpson Thacher and Hogan Lovells. The current official portfolio dates the investment to April 2025; the November release itself described a proposed acquisition.
Carlyle Global Credit provided £205 million of acquisition financing as sole lender for Global Infrastructure Partners’ acquisition of Lanes Group. The package supports the UK water and wastewater-services provider. GIP, part of BlackRock, is the buyer; Carlyle is the lender.
AlpInvest closed a $1 billion collateralized fund obligation, its second securitization. The offering exceeded an initial $800 million target. It includes exposure to four AlpInvest-managed funds and two secondary transactions involving LP interests. This is a securitization amount rather than AUM or a fund closing.
CorroHealth signed definitive agreements for an investment from Patient Square Capital. Carlyle and Patient Square would share joint control, while Carlyle, TT Capital Partners, Sanaka Group and management remained investors. The October 2024 announcement expected closing by year-end; financial terms were not disclosed.
Carlyle announced Rigaku Holdings’ listing on the Tokyo Stock Exchange Prime Market. Carlyle had acquired the analytical-instruments company in 2021. The page publication header is 24 October 2024 while the Tokyo dateline and listing announcement are 25 October; those dates are preserved separately.
Vensure Employer Solutions announced a senior secured financing package led by Stone Point Capital Markets. A revolving credit facility and term loan were intended to refinance existing facilities. A delayed-draw term loan was intended to provide capacity for acquisitions and other initiatives. The announcement establishes SPCM's financing role without disclosing its own lending commitment.
Adams Street’s 14 October 2024 announcement names Leaders Fund II as one of three vehicles in the Venture Innovation Fund IV Program, alongside Venture Innovation Fund IV and Adams Street Venture Select Fund 2023. The announcement reports a combined program raise, without a separate Leaders Fund II size.
On 14 October 2024, Adams Street announced that its Venture Innovation Fund IV Program had raised more than $1.2 billion in commitments. The program comprises Venture Innovation Fund IV, Leaders Fund II and Adams Street Venture Select Fund 2023. The combined figure is not an individual fund’s disclosed size.
CoreWeave announced a USD 650 million revolving credit facility led by JPMorgan Chase, Goldman Sachs and Morgan Stanley, with Wells Fargo among participating lenders. The facility supports ongoing growth. It was subsequently expanded in 2025; this event preserves the original announcement rather than treating the original amount as current capacity.
Mizuho Bank purchased a passive nonvoting minority economic interest below 5% in Golub's management companies. Mizuho also became Golub's exclusive distributor to Japanese retail and high-net-worth investors. Ownership percentage and price undisclosed.
Schroders Capital announced Nick Montgomery as Global Head of Real Estate alongside management promotions across its international real estate business.
Schroders announced executive and board changes including appointment of Meagen Burnett as Chief Financial Officer and the addition of Group CIO Johanna Kyrklund to its board effective in early 2025.
Fiserv disclosed that its Wells Fargo Merchant Services venture would expire April 1, 2025. Wells Fargo Bank held 60% and a Fiserv subsidiary held 40%. The parties also agreed multiyear processing services for current and future Wells Fargo merchant clients. Subsequent Fiserv filings confirm that Wells Fargo acquired the remaining interest on April 1, 2025 and paid USD 453 million, with no significant adjustment after the third-quarter 2025 valuation process.
Polus Capital Management disclosed a commitment from ADIA subsidiary to its Special Situations strategy, then approximately US$5bn AUM. Specific ADIA commitment amount was not disclosed.
Schroders announced Richard Oldfield as its next Group Chief Executive, succeeding Peter Harrison and effective in November 2024. Oldfield had previously served as CFO of the group.
Antares named Neil Siegel its chief marketing officer as it developed its alternative credit distribution capabilities. Siegel joined after serving as chief marketing officer at Macquarie Asset Management and earlier at Neuberger Berman, with previous roles at Morgan Stanley Investment Management. His institutional and intermediary marketing background was emphasized. At the time, Antares reported more than $71 billion in capital under management and administration as of June 30, 2024; that combined operational metric should not be converted to verified group-total AUM in the CRM. This announcement is an appointment rather than a fundraising transaction.
