Miravast Completes Fundraise For Its Second Flagship Fund
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Miravast Completes Fundraise For Its Second Flagship Fund

Miravast Asset Management LLC recently completed fundraising for Miravast ILS Credit Opportunities II LP with $346 million of fund commitments. The company is a vertically integrated investment manager specializing in underwriting longevity risk and investing in life settlements. The funding will be used to further their investment strategy and pursue additional opportunities in the longevity…

Bladex Closes US$500 Million Club Deal Long Term Facility for Grupo De Inversiones Suramericana
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Bladex Closes US$500 Million Club Deal Long Term Facility for Grupo De Inversiones Suramericana

Banco Latinoamericano de Comercio Exterior (Bladex) successfully closed a US$500 million Club Deal Long Term Facility for Grupo De Inversiones Suramericana, S.A. The funding will be used to finance the Public Tender Offer (OPA) launched by Grupo Sura for the acquisition of the remaining shares of Grupo Nutresa in Colombia. The transaction will lead to…

iM Global Partner Acquires Minority Stake in Trinity Street Asset Management
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iM Global Partner Acquires Minority Stake in Trinity Street Asset Management

iM Global Partner (iMGP) has announced the acquisition of a noncontrolling minority stake in Londonbased investment boutique, Trinity Street Asset Management LLP. Trinity Street, founded in 2002, specializes in managing active Global and International equity portfolios with assets under management of US$8.6 billion as of March 31, 2024. The firm employs a disciplined, fundamental research…

CI Global Asset Management Announces Estimated Reinvested Distributions for ETF Mergers
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CI Global Asset Management Announces Estimated Reinvested Distributions for ETF Mergers

CI Global Asset Management has announced estimated reinvested distributions in relation to the upcoming mergers of various ETFs and ETF Series of mutual funds. The mergers are set to take place around April 5, 2024, following approval at recent securityholder meetings. The Estimated Reinvested Distributions are planned to be reinvested on or about April 5,…

Starwood Capital Group Acquires 10.7% Equity Stake in ESR Group
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Starwood Capital Group Acquires 10.7% Equity Stake in ESR Group

Starwood Capital Group, a global private investment firm, has announced the acquisition of a 10.7% equity stake in ESR Group, APAC’s largest real asset manager. The transaction was structured alongside ESR Co-Founders, Stuart Gibson and Charles de Portes. The funding will be used to support ESR’s focus on delivering for customers, shareholders, and capital partners….

BlackRock Successfully Prices $3 Billion Debt Offering for Acquisition of GIP
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BlackRock Successfully Prices $3 Billion Debt Offering for Acquisition of GIP

BlackRock, Inc. successfully priced a $3 billion debt offering consisting of three tranches of senior unsecured notes. The offering is to fund a portion of the cash consideration for BlackRock’s proposed acquisition of the business and assets of Global Infrastructure Management, LLC (GIP). The

Nuveen Churchill Direct Lending Corp. Prices IPO of 5.5 Million Shares**  **
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Nuveen Churchill Direct Lending Corp. Prices IPO of 5.5 Million Shares** **

** Nuveen Churchill Direct Lending Corp. (NCDL), a business development company, has priced its initial public offering (IPO) of 5,500,000 shares of common stock at $18.05 per share. NCDL is focused primarily on investing in senior secured loans to private equity-owned U.S. middle-market companies. The net proceeds from the IPO will be used by NCDL…