Goldman Sachs targets $300bn private credit portfolio expansion, aims to double current worth
Goldman Sachs (NYSE: GS) has set its sights on expanding its private credit portfolio with aim to increase the portfolio's worth to US$300 billion within the next five years. This significant surge is projected from its current allocation of $130 billion, according to Reuters. Goldman Sachs A...
April 01
GDS Holdings divests international data centre stake to private equity investors for $587m
Asian data centre operator GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) said that GDSH’s wholly-owned subsidiary, DigitalLand Holdings Limited (“GDS International” or “GDSI”), that acts as the holding company for GDSH’s international data centre assets and operations, has entered into definitive agreements for certain institutional private equity investors includ...
March 28
Equinix initiates autonomous inquiry in response to short-seller assault that resulted in a $5bn market cap reduction
Equinix, Inc. (NASDAQ: EQIX) has announced that it is conducting an independent investigation through its Audit Committee to address the claims made in a recent short seller report authored by Hindenburg Research. In response to the publication of the report on March 20, Equinix revealed that it has received a subpoena from the U.S. Attorney's Office for the Northern Distri...
March 26
STACK Infrastructure raises nearly $3bn in notes funding since 2019
IPI Partners-sponsored STACK Infrastructure has issued US$240 million in green securitised at the lowest blended spread over the treasury rate of any data centre issuer since October 2021. The action represents the fourth securitisation program funding event for STACK within the past 12 months and the eighth since 2019. The infrastructure operator has cumulatively raised...
March 25
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