Box Inc., the cloud-storage provider that filed for an initial public offering earlier this year, is in talks to raise about $100 million at a valuation of at least $2 billion, according to people familiar with the matter.
Arrowgrass Capital Partners LLP, a $4.5 billion hedge fund that owns secured bonds of Caesars Entertainment Corp., is in talks with law firm Brown Rudnick LLP exploring whether those securities have a more senior claim than others on cash from asset sales, said two people with direct knowledge of the matter.
TPG Capital, the private-equity firm started by David Bonderman and Jim Coulter, plans to seek about $2.5 billion for its next global credit-focused fund, according to two people familiar with the matter.
TPG Capital, the private-equity firm started by David Bonderman and Jim Coulter, is close to an agreement to buy pharmacy-benefits manager Envision Pharmaceutical Holdings Inc., according to a person with direct knowledge of the transaction. Terms weren’t disclosed.
Private equity, an investing trade plied by 4,500 firms with $3 trillion in assets, is bracing for a shakeout that’s been brewing since the collapse of credit markets choked off a record leveraged-buyout binge.
TPG Capital, the private-equity firm run by David Bonderman and James Coulter, hired Douglas Paolillo to run a new group that will manage collateralized loan obligations, according to four people with knowledge of the matter.