17 h. ago NBA approves Celtics sale to private equity mogul Bill Chisholm for record $6.1B

BOSTON — The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team. The league said the transaction is expected to close shortly. […]

Economics

19 h. ago NBA approves sale of Boston Celtics to private equity mogul Bill Chisholm for record $6.1 billion

BOSTON (AP) — The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team. The league said the transaction is expected to close […]

Economics

3 d. ago Empower Survey Reveals Growing Advisor Support for Private Market Investments in Retirement Plans

While diversification and return potential drive interest, 2/3 say greater ERISA/regulatory clarity is needed GREENWOOD VILLAGE, Colo. — A new survey today from Empower uncovers significant advisor interest in bringing private market investments into defined contribution portfolios. Empower’s July 2025 survey of financial advisors found that 68% already utilize private market investments—including private equity, private […]

Other

1 week ago Puerto Rico Private Equity Boom Faces Fresh Regulatory Scrutiny

Puerto Rico’s new financial regulator is stepping up scrutiny of the island’s booming private equity industry, after her office recently shutdown one of the island’s largest players.

Other

4 w. ago Pacific Shoring, a Palm Peak Capital Portfolio Company, Completes the Acquisition of Prospan Shoring

SANTA ROSA, Calif. — Palm Peak Capital (“Palm Peak”), a private equity firm investing in lower-middle market companies, is pleased to announce that its portfolio company, Pacific Shoring Products, LLC (“Pacific Shoring”) has acquired Prospan Shoring (“Prospan”). Located in Bensenville, IL, Prospan introduced aluminum pneumatic vertical shoring and vehicle stabilization products in 1984 and has […]

Economics

4 w. ago Blackstone’s Data Center Darling Confronts a Future Without Its $3 Billion Man

QTS Founder Chad Williams and Blackstone Inc. were on a hot streak. In the four years since the private equity firm’s $10 billion takeover, the company had become North America’s biggest data center landlord and a force in the artificial intelligence boom.

Economics

4 w. ago Private Equity Veteran ShawKwei Is Shunning China Investments

ShawKwei & Partners, one of Hong Kong oldest private equity firms that three years ago decamped for rival Singapore, is staying away from China despite a more bullish sentiment growing toward the world’s second largest economy.

Other

4 w. ago Fengate Private Equity Launches CanPro Roofing Partners Platform

First partnership announced with Toiture Perreault TORONTO and MONTREAL, July 16, 2025 (GLOBE NEWSWIRE) — Fengate Private Equity, a division of Fengate Asset Management (“Fengate”), today announced the formation of CanPro Roofing Partners (“CanPro” or “the Company”), a Canadian roofing platform in partnership with industry veteran Dino DiVito, who has joined as CEO. Fengate is […]

Culture