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<blockquote data-quote="Daniel Boden" data-source="post: 30785" data-attributes="member: 487"><p>Morning all, just before I make my way through the FT, I thought I'd share some other interesting PE stories from last week which you may have missed. Firstly, Bain Capital has raised €3.2 billion for a distressed debt fund and has committed over 50% of the funds in the last three months to try and help struggling companies that are in financial distress due to COVID-19. Secondly and in a similar way, BlackRock has invested €16 billion into portfolio companies to again try and help them to alleviate their financial distress; $3 billion has been invested in equity and €13 billion has been loaned as credit.</p><p></p><p>See more below:</p><p></p><p><strong><span style="font-size: 15px">Bain Capital Raises $3.2 Billion for Latest Distressed Fund</span></strong></p><p><a href="https://pe-insights.com/news/2020/06/18/bain-capital-raises-3-2-billion-for-latest-distressed-fund/" target="_blank">https://pe-insights.com/news/2020/06/18/bain-capital-raises-3-2-billion-for-latest-distressed-fund/</a></p><p></p><p><strong><span style="font-size: 15px">BlackRock injects US$18 billion into European firms during pandemic</span></strong></p><p><a href="https://pe-insights.com/news/2020/06/18/blackrock-injects-us18-billion-into-european-firms-during-pandemic/?ct=t%2820200528_NL+Week+24_COPY_01%29" target="_blank">https://pe-insights.com/news/2020/06/18/blackrock-injects-us18-billion-into-european-firms-during-pandemic/</a></p></blockquote><p></p>
[QUOTE="Daniel Boden, post: 30785, member: 487"] Morning all, just before I make my way through the FT, I thought I'd share some other interesting PE stories from last week which you may have missed. Firstly, Bain Capital has raised €3.2 billion for a distressed debt fund and has committed over 50% of the funds in the last three months to try and help struggling companies that are in financial distress due to COVID-19. Secondly and in a similar way, BlackRock has invested €16 billion into portfolio companies to again try and help them to alleviate their financial distress; $3 billion has been invested in equity and €13 billion has been loaned as credit. See more below: [B][SIZE=4]Bain Capital Raises $3.2 Billion for Latest Distressed Fund[/SIZE][/B] [URL]https://pe-insights.com/news/2020/06/18/bain-capital-raises-3-2-billion-for-latest-distressed-fund/[/URL] [B][SIZE=4]BlackRock injects US$18 billion into European firms during pandemic[/SIZE][/B] [URL='https://pe-insights.com/news/2020/06/18/blackrock-injects-us18-billion-into-european-firms-during-pandemic/?ct=t%2820200528_NL+Week+24_COPY_01%29']https://pe-insights.com/news/2020/06/18/blackrock-injects-us18-billion-into-european-firms-during-pandemic/[/URL] [/QUOTE]
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