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Finance & Markets

France Proposes Fresh Release of Diesel and Crude by EU, IEA

France proposed that European countries and member nations of the International Energy Agency release 100 million barrels of diesel and crude oil, a step that’s aimed at placating the Trump administration as it pushes Brussels to do more to cut fuel prices.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Pritzker Private Capital explores $1bn-plus sale of propane distributor EDP

Pritzker Private Capital is exploring a potential sale of Energy Distribution Partners, a propane and light fuels distributor that could command a valuation of more than $1bn, according to a report by…

  • Pritzker Private Capital may sell EDP, a propane distributor, for over $1 billion.
  • Potential sale under discussion, with no final decision made.
  • Private credit lenders and syndicated loans could fund the transaction.

Ares raises $4.2bn for first structured solutions secondaries fund

Ares Management has raised $4.2bn for its first structured solutions secondaries fund, more than four times the vehicle's original target, as demand grows for alternative forms of capital among…

  • Ares Management raises $4.2bn for inaugural structured solutions secondaries fund.
  • Fund offers preferred equity to private market managers for various capital needs.
  • Ares can commit over $1bn to single transaction for customized financing solutions.

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