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Blackstone Appoints Marshall as Head of 17-Year Direct Lending Division Amid Growing Credit Arm Activity

In a move to expand its direct lending capabilities, Blackstone Group Inc. has appointed former Goldman Sachs executive Marshall Wace as the head of its 17-year-old direct lending division. The move comes as the private equity giant continues to build out its credit arm and make strategic investments in the space. Marshall Wace, who was most recently a managing director at Goldman Sachs, will lead Blackstone’s direct lending division. The division, which has been active since 2003, provides financing to companies that are unable to access traditional bank financing. The

Wind Point Partners Acquires Water Treatment Company Hasa Following Rapid Expansion

Wind Point Partners, a private equity firm, recently announced its acquisition of Water Treatment Company Hasa. This acquisition is the latest in a series of rapid expansions for Wind Point Partners, which has been making strategic investments in companies across a variety of industries. Hasa is a leading provider of water treatment solutions for industrial and commercial customers. The company has been in business for over 30 years and has a strong track record of providing quality products and services to its customers. Hasa has a wide range of products

Bain Capital’s Caverion Acquisition Bid Outbid by Triton’s €1.09 Billion Offer, Bain Responds.

Bain Capital, a global private investment firm, recently had its bid to acquire Caverion Corporation, a leading provider of technical services for buildings and industries in Europe, outbid by Triton Partners. Triton offered €1.09 billion for the company, while Bain's bid was €1.06 billion. In response to the news, Bain Capital released a statement expressing disappointment in the outcome but also expressing confidence in the company's future prospects.Caverion Corporation is a Finland-based company that provides a range of technical services for buildings and industries across Europe. The company has a