Pipeline Operator Kinetik Said to Review Sale After Early-Stage Talks
Advisers are preparing a process that could start within weeks.
Advisers are preparing a process that could start within weeks.
The potential acquisition highlights the growing appeal of yacht services and marina operations as investment firms seek businesses with recurring revenue and long-term value.
Blue Owl saw redemption requests fall in Q2, with its flagship fund dropping to 19% from 22%. Total withdrawals eased to $4.7 billion amid improving investor confidence.
Varonis Systems shares jumped after Bloomberg reported the data security company is exploring a potential sale to major private equity firms including Blackstone, Thoma Bravo, and Vista Equity.
Private equity funds face heavy withdrawals, causing limits and stock drops as investors worry about liquidity and valuations.
Blackstone is investing $5 billion with Google to create a new U.S. AI cloud service powered by Google’s TPUs. First 500 MW coming online in 2027.