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KKR, Ares, Blackstone tumble premarket as Partners Group caps private equity fund withdrawals

Shares in KKR, Blackstone and other sector peers tumbled in premarket trading on Wednesday as fears over private market valuations returned to the spotlight after Switzerland's Partners Group moved to restrict investor withdrawals from one of its funds. Shares in KKR were sharply lower ahead of the opening bell, and were last seen 4.7% lower. Blackstone was down 3.9%, while Ares Management dropped almost 2.5%.

CNBC 6d ago

FS KKR Is Selling $400 Million Bonds in Rare Junk-Rated BDC Deal

The KKR & Co. logo on a smartphone arranged in the Brooklyn borough of New York, US, on Wednesday, July 12, 2023. KKR & Co. is exploring options for its majority stake in a commercial lighting manufacturer in China including a potential sale, according to people familiar with the matter. Gabby Jones/Bloomberg

Bloomberg Markets 8d ago

‘Everybody was throwing darts at him’: Ex-India cricketer names 2026 IPL's best captain

Former India cricketer and commentator Murali Kartik has backed Ajinkya Rahane as the best captain of IPL 2026, praising the Kolkata Knight Riders skipper for guiding a depleted squad through a difficult campaign and keeping them in playoff contention until the final day of the league stage. KKR eventually finished seventh on the points table and missed out on a playoff spot after Rajasthan Royals' victory over Mumbai Indians ended their hopes. However, Kartik believes Rahane's leadership...

Times of India 5d ago

Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports

Fuji Media’s real estate unit attracts 1 trillion yen bids, Bloomberg News reports June 4 : Broadcaster Fuji Media Holdings received stronger-than-expected interest for its real estate subsidiary Sankei Building, attracting bidders including KKR, Blackstone and Goldman Sachs, Bloomberg News reported on Thursday, citing people familiar with the matter. Last month, more than 15 companies submitted bids for the real estate unit with multiple offers above 1 trillion yen ($6.26 billion), the...

Channel News Asia 5d ago

Switch in talks to raise funds at $50 billion-plus valuation, The Information reports

Switch in talks to raise funds at $50 billion-plus valuation, The Information reports June 4 : Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, The Information reported on Thursday, citing people with knowledge of the deal. Here are some details: • Brookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, the report said. • The fundraising round could possibly...

Channel News Asia 5d ago

Fuji Media’s Real Estate Unit Attracts 1 Trillion Yen Bids

Fuji Media Holdings Inc. has received stronger-than-expected interest in its real estate subsidiary, attracting bidders including KKR & Co., Blackstone Inc. and Goldman Sachs Group Inc., people familiar with the matter said.

Bloomberg Markets 5d ago

Only 3 players have achieved rare IPL three-peat - and 2 are from RCB

Royal Challengers Bengaluru on Sunday lifted their second Indian Premier League title, defeating Gujarat Titans by five wickets in the final at the Narendra Modi Stadium in Ahmedabad. The victory saw several records being created, including RCB becoming only the third franchise in IPL history to successfully defend their title after Chennai Super Kings and Mumbai Indians. Amid all the celebrations and milestones, one remarkable record went largely unnoticed.

Times of India 8d ago

Record runs, record sixes, modest final: Explaining IPL 2026's biggest contradiction

The 2026 IPL season was batting excess at its absolute peak. A record 27450 runs were scored across the season - the most in IPL history. Teams scored at a staggering run-rate of 9.88, another all-time high.

Times of India 4d ago

'Gill will not come back': Ex-India batter makes big T20I captaincy claim

Former India batter Mohammad Kaif has strongly backed Shreyas Iyer as the ideal candidate to take over India's T20I captaincy if the team management decides to move on from Suryakumar Yadav. India are likely to hand the T20I captaincy to Shreyas ahead of the upcoming series in Ireland and England. While no official announcement has been made, Kaif believes the Punjab Kings skipper is the leading candidate for the role.

Times of India 4d ago

Unapologetically Shreyas! The misunderstood leader who never gave up

A little over a year ago, Shreyas Iyer was radiating confidence when he settled into the chair to address the media ahead of the IPL 2024 final in Chennai. His slow walk, cap dropping below his eyeline, and his favourite Guns N’ Roses track playing on his phone. The yellow sneakers shone as brightly as the pair of solitaires in his ears and the impromptu 'See You Again' (song by Wiz Khalifa) greeting to his opposite number Pat Cummins eased the room before everyone got down to business.

Times of India 4d ago