Latest Deals
Blackstone invests in Symphony Infrastructure Partners
The energy transition infrastructure services platform in Australia, Symphony Infrastructure Partners, has received a minority investment from funds managed by Blackstone Tactical Opportunities.
Steve Butler established Symphony in 2022 with the goal of hastening Australia’s switch to renewable energy sources. The business creates, runs, and owns specialist services that are essential to Australia’s energy transformation.
Blue Owl Capital set to acquire Atalaya Capital Management
A formal agreement has been signed by alternative asset manager Blue Owl Capital to purchase the alternative credit manager Atalaya Capital Management (“Atalaya”) for $450m. The transaction is scheduled to occur in the second half of 2024, subject to usual closing conditions, and will be moderately accretive to Blue Owl in 2025.
Apex Group to purchase GAM’s management operations
Independent investment manager GAM has concluded a definitive contract to transfer its Management Company activities in Ireland, Luxembourg, and the United Kingdom to Apex Group. Apex Group employs more than 13,000 people worldwide and is the supplier of financial services. A important step in GAM’s ambition to reduce operations and concentrate on its core investment management expertise for customers.
BNP Paribas and Mistral AI sign strategic agreement
BNP Paribas and Mistral AI have signed a multi-year agreement to provide access to current and future Mistral AI commercial models. This follows a relationship going back to September 2023 when the global markets division started testing with Mistral AI.