280 Views

Blackstone invests in sports apparel company Outerstuff

The Blackstone Group has invested in Outerstuff, a designer, manufacturer and marketer of licensed children’s sports apparel for major sports leagues in North America. Blackstone will invest alongside founder and chief executive officer Sol Werdiger, who will roll over equity in the deal. Blackstone will share equal economics and governance with current shareholders.

171 Views

RLPC: SunGard spinoff SunGard Availability preps $1.275B in debt

PE-backed SunGard Availability Services is coming to market with a $1.275 billion credit in connection with its spinoff from SunGard Data Systems, according to a report from Thomson Reuters Loan Pricing Corp. Sungard and the spinoff are principally owned by seven private equity firms, including Bain Capital Partners, The Blackstone Group and Kohlberg Kravis Roberts & Co.

GSO Capital Partners Backs Beazer Homes

GSO Capital Partners LP, the credit arm of The Blackstone Group is providing $150 million as part of a land banking arrangement to Beazer Homes USA. Funds managed by GSO will acquire new land parcels identified by Beazer Homes.

Agarwal Joins CIFC Corp as CFO

Rahul Agarwal has joined CIFC Corp as chief financial officer. Agarwal brings 19 years of financial industry experience, having spent the last eight years with The Blackstone Group where he served as the co-head of finance for the private equity business.

PEHUB Community

Join the 12500 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget