Top storyReal estate
ACORE launched Acore Capital Wealth Solutions to give wealth investors access to institutional-quality real estate private credit and equity. ACORE also closed its second opportunistic credit fund on $1.1 billion.
$42.4B in 18 final closes
Full league table →Digital Realty has set a $3.5 billion target for its debut core real estate fund.
Ares held a first close of more than $8bn in equity commitments across its latest US senior direct lending program, combining Fund IV and the open-ended Core vehicle. The first close is 80% of target and about 60% larger than the prior vintage's first close.
Private Equity Wire · also HedgeCo, Bloomberg +2
Thrive Holdings agreed to acquire home security provider ADT in a $7.6bn all-cash transaction at $10 per share, a premium of nearly 46%. Funds managed by Apollo Global Management affiliates are providing financing, valuing ADT at $15.3bn including debt.
Private Equity Wire · also TechCrunch, Global Legal Post +1
Clayton, Dubilier & Rice has raised about $20bn for Fund XIII within six months of launch, on course for a $26bn target with a $28.5bn hard cap and a final close targeted for Q1 2027.
Lightspeed Venture Partners has reportedly raised more than $750m for a new fund and co-investment vehicle. The vehicle targets acquisitions of established businesses that can be transformed through AI, with a target of up to $1bn.
Gencom and White Bridge Capital bought the 652-room InterContinental Miami from China's Dajia Insurance Group for about $300 million.
Stories are gathered every hour from more than 200 publications, grouped so one event is one line, and ranked by size, breadth of coverage and recency. Every headline links to its publisher.