Blackstone: New $2.8bn Private Credit Raise Deal Explained
![The closure of Blackstone's Blackstone Diversified Multi-Strategy fund highlights challenges in the asset management industry. PHOTO: Fortune](https://krugmaninsights.com/wp-content/uploads/2023/11/BLA03.20.Blackstone-1024x683.jpg)
Blackstone is in talks with private credit lenders to secure $2.8 billion in financing for Encore Group USA LLC to address upcoming debt maturities.
UBS Wealth Management: Introducing the New Market Director Aleman
![UBS raises $3.5 billion in AT1 bond sale, boosting market confidence after Credit Suisse incident. PHOTO: Shutterstock](https://krugmaninsights.com/wp-content/uploads/2023/11/pg-46-ubs-getty-e1699480441820.webp)
UBS appoints Cy Aleman as Market Director for Oregon, overseeing financial advisors and expanding business operations.
Harris Williams, Baird: Advisory on nVent to Acquire Trachte for £540m
![](https://krugmaninsights.com/wp-content/uploads/2024/06/PNC-Harris-Williams-05-1024x576.jpg)
Harris Williams and Baird have been instrumental in advising nVent Electric plc on its acquisition of Trachte, LLC for £540 million.