Eiffel Tower chief to step down after alleged exclusion of female staff during visit of BAPS: What we know

Abu Dhabi’s L’imad Capital prepares to seek outside capital for PE strategy

Abu Dhabi sovereign investment platform L’imad Capital is preparing to raise capital from external investors for a new investment vehicle focused on private equity and other alternative assets…

• Abu Dhabi sovereign fund L’imad Capital plans to seek external capital.
• Unit aims to create global investment platform for PE strategy.
• Fundraise may happen next year, decision still under consideration.

4h ago ·privateequitywire.co.uk

PE targets fragmented sports services market as M&A activity doubles

Private equity and other financial sponsors are increasing their focus on the global sports services industry, with more than 246,000 privately owned companies identified as potential acquisition…

• Over 246,000 privately-held sports services companies identified for potential acquisition.
• M&A activity in fragmented sector doubled over past decade.
• US hosts largest pool of privately-owned sports services companies at 88,000.

4h ago ·privateequitywire.co.uk

Princeton Equity Group closes $1.3bn Fund III at hard cap

Princeton Equity Group has closed its third flagship private equity fund with $1.3bn in commitments, more than doubling the size of its predecessor as institutional demand drove a heavily…

4h ago ·privateequitywire.co.uk

Goldman’s $18.2bn private credit fund sees redemption requests fall to 2%

Goldman Sachs’ $18.2bn private credit fund recorded another decline in investor redemption requests during the third quarter, bucking the elevated withdrawal levels reported across much of the private…

• Goldman's $18.2bn private credit fund, GS Credit, saw redemption requests drop to 2% in Q3.
• Investors in GS Credit primarily come from private wealth channels with longer investment horizons.

4h ago ·privateequitywire.co.uk