Announced
Financials
Tags
Private
investment company
Private Equity
private equity
United States
Friendly
Minority
Acquisition
Private Equity
Single Bidder
Synopsis
Blackstone's Strategic Capital Group, which specializes in minority partnerships with leading alternative asset managers, made a passive, minority investment in Marlin Equity Partners. This investment will allow Marlin to continue to expand its global investment platform and leverage the global resources and capabilities of Blackstone. Terms of the transaction were not disclosed. "This investment by Blackstone further validates the best-in-class organization we have built and the true value proposition of our relationship-driven approach to investing," says David McGovern, Founder, and CEO of Marlin. "We are excited to welcome Blackstone as a strategic partner, and look forward to leveraging their expertise and extensive breadth of resources to continue to invest in and position our global platform for long-term success."
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