Alcentra’s former owner BNY Mellon spent most of this year out in the market, looking for a buyer for the alternative asset manager. Eventually, the bank found a new home for Alcentra in the form of Benefit Street Partners, which acquired the firm last month for USD 700m.
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater