Tag Archives: Logistics

Cain Secures £350m Refinancing Of Prime Logistics Portfolio From KKR

KKR

London, 26 November 2025 – Cain has secured a £350 million refinancing from funds and accounts managed by KKR for a prime UK Industrial & Logistics portfolio, representing a significant transaction in the sector this year. The transaction is structured as a whole loan over a five-year term.

The new facility fully redeems the existing development loan and provides extended flexibility for Cain to finalise its leasing program and continue enhancing the portfolio’s performance.

The portfolio comprises 24 units totalling approximately 3.2 million sq ft in prime logistics locations across the UK. Development of the portfolio commenced in 2022 to best-in-class Grade A specifications, the units feature high eaves, generous yards, and layouts optimised for modern industrial use and business growth with excellent access to national road infrastructure. The entire portfolio has been delivered on a net-zero carbon basis, with all assets demonstrating strong sustainability credentials, including BREEAM Excellent certifications, enhanced energy performance, and future-proofed building systems.

Over the past 12 months, the portfolio has shown strong leasing momentum totalling c. 1 million sq ft, reflecting the accelerating demand for prime Grade A space in the UK.

“This refinancing with KKR reflects the strength and quality of our logistics portfolio and the positive shift we are seeing across occupational markets,” said Tim Brazier, Senior Vice President at Cain “The transaction comes at a time when enquiry levels are increasing meaningfully in our key regions, particularly for highly specified and energy-efficient industrial space, which this portfolio delivers. The flexibility provided by this facility allows us to capture that momentum, complete lease-up, and continue driving long-term performance across the assets. We were able to agree the financing directly with KKR without running a broader market process given the strength of our relationship as well as our confidence in their execution capabilities.”

Ali Imraan, Head of European Real Estate Credit at KKR, said: “We are pleased to support Cain on the refinancing of this prime portfolio of well-located, high-quality industrial real estate assets.  This significant transaction reflects our confidence in the long-term fundamentals of the sector and our commitment to providing tailored financing solutions to leading sponsors.”

For further information, please contact:

SEC Newgate UK
Polly Warrack / Marta Seitz
+44 (0) 7808541191
cain@secnewgate.co.uk

About Cain
Cain is an investment-management firm that shapes the value of places, brands and businesses through strategies spanning landmark developments, residential and hospitality, supply-chain infrastructure, and sports & entertainment. Established by Chief Executive Officer Jonathan Goldstein in partnership with Eldridge Industries, the firm manages approximately $13.8 billion in assets under management with investments spanning more than 20 major cities and real-estate markets worldwide as of 30 June 2025.  The firm operates from offices in London, New York, Miami, Los Angeles and Luxembourg, supported by a broad network of global partners.  For more information, please visit www.cainint.com.

About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

 

Download PDF

Categories: News

Tags:

EQT Real Estate completes largest U.S. industrial transaction to date in 2025 with sale of 8.7 million square foot logistics portfolio

eqt

998 Gerdt Ct

  • Portfolio includes 25 modern logistics assets concentrated in major U.S. distribution hubs
  • Since 2020, EQT Real Estate has assembled and actively managed the portfolio, leveraging its distinctive value creation strategy and locals-with-locals model 
  • Assets deliver scale, geographic diversification, and strong tenant retention, reflecting EQT Real Estate’s focus on investing behind resilient logistics platforms in key U.S. submarkets 

EQT is pleased to announce that the EQT Real Estate Industrial Core-Plus Fund II (“EQT Real Estate”) has completed the sale of a 25 property, 8.7 million square foot portfolio of institutional-grade logistics assets located across the United States, marking the largest U.S. industrial transaction so far in 2025.

The portfolio spans 13 key U.S. distribution markets, including Atlanta, Chicago, New York, Phoenix, and Texas—strategic hubs that collectively capture a broad cross-section of national logistics demand. Built to modern design specifications, the assets feature an average clear height of 31 feet, efficient loading configurations, and were primarily developed after 2000. The properties serve a diversified mix of high-quality tenants across e-commerce, industrial, and retail supply chain sectors, reflecting the continued strength and resilience of U.S. logistics fundamentals.

The transaction marks the culmination of EQT Real Estate’s multi-year strategy to assemble and scale a national logistics platform in high-growth, supply-constrained U.S. markets. By selectively acquiring, developing, and managing modern assets near key infrastructure, EQT crafted a diversified portfolio with resilient cash flows and embedded growth. The sale reflects investor appetite for stabilized, institutional logistics properties with long-term demand drivers and limited new supply.

Matthew Brodnik, Global Chief Investment Officer at EQT Real Estate, said: “This transaction demonstrates EQT Real Estate at its very best, showcasing our ability to scale logistics platforms and deliver value across the investment lifecycle. Our team identified an opportunity to assemble a portfolio with strong fundamentals and significant future upside, seeing it through from acquisition to stabilization with disciplined execution and hands-on management.”  

EQT Real Estate was advised by John Huguenard, Trent Agnew and Will McCormack of JLL. 

Contact

EQT Press Office, press@eqtpartners.com

 

Downloads

About EQT Real Estate

EQT is a purpose-driven global investment organization with EUR 267 billion in total assets under management (EUR 139 billion in fee-generating assets under management) as of 30 September 2025, divided into two business segments: Private Capital and Real Assets. EQT supports its global portfolio companies and assets in achieving sustainable growth, operational excellence, and market leadership. Within EQT’s Real Assets segment, EQT Real Estate acquires, develops, leases, and manages logistics and residential properties in the Americas, Europe, and Asia. EQT Real Estate owns and operates over 2,000 properties and 400 million square feet, with over 440 experienced professionals across 50 locations globally. 

More info: www.eqtgroup.com
Follow EQT Real Estate on LinkedIn

Categories: News

Tags:

FleetPride and TruckPro Announce Strategic Merger

Platinum

White semi-truck with a large trailer displaying the TruckPro logo and green graphics, parked outdoors on a clear day. | Platinum Equity

IRVING, Texas and MEMPHIS, Tenn., Oct. 28, 2025 /PRNewswire/ — FleetPride Inc. (“FleetPride”) and TruckPro, LLC (“TruckPro”) jointly announced the closing of a merger of the two companies effective today, creating the nation’s leading independent distributor and service provider in the heavy-duty aftermarket parts industry. The combined company will operate under the FleetPride name and will deliver enhanced value to its customers through greater parts availability, deeper technical expertise, best-in-class service and an enhanced ecommerce experience.

Operating under the combined ownership of American Securities and Platinum Equity, the new FleetPride will be led by Tom Greco, who joined the company as chief executive officer in July 2025. Chuck Broadus, TruckPro’s president and CEO, will continue to lead the TruckPro business, reporting to Tom Greco. Chuck will work closely with Tom and support the integration efforts over the coming months.

“We’ve long thought these businesses were destined to come together and have been developing this opportunity since we first acquired TruckPro. We chose to join forces because we get excited about the strategic logic and substantial operational opportunity to create long-term value. ”

Louis Samson, Co-President, Platinum Equity

With over 450 locations, more than 110 service centers and six distribution centers, FleetPride’s expanded footprint positions it to serve customers nationwide across the U.S. and Canada with the industry’s most comprehensive assortment of parts. Through its enhanced ecommerce platform and logistics network, FleetPride can provide faster access to critical parts, deeper inventory visibility and tailored solutions designed to keep trucks on the road and fleets operating efficiently.

“Today’s announcement marks an exciting new chapter for our team members, customers and valued supplier partners,” said Tom Greco, chief executive officer of FleetPride. “This strategic merger is about more than combining two businesses, it’s about building a culture that values people, brings best practices from both organizations and drives innovation. Together, we are creating a stronger, faster-growing company that will deliver greater value for customers and growth opportunities for our team members and suppliers.”

“The strategic merger with FleetPride marks a tremendous step forward for our business and customers,” said Chuck Broadus, president and chief executive officer of TruckPro. “We are bringing together the strengths of both organizations as we align our knowledgeable team members, extensive networks and resources to deliver best-in-class service to the heavy-duty aftermarket. We are eager to embrace the many growth opportunities this combination offers and we are excited about our future together.”

“This is a defining moment for FleetPride and the broader heavy-duty aftermarket,” said Mark Lovett, managing director of American Securities and board chair of FleetPride. “By combining two high-performing businesses with complementary strengths, we’re building a platform with the scale, technology and talent to lead the industry and deliver sustainable growth for customers, team members and suppliers alike.”

“We’ve long thought these businesses were destined to come together and have been developing this opportunity since we first acquired TruckPro,” said Louis Samson, co-president of Platinum Equity. “We chose to join forces because we get excited about the strategic logic and substantial operational opportunity to create long-term value. We look forward to helping accelerate the combined company’s transformation and ability to better serve customers.”

The newly combined company will be headquartered in Irving, Texas with a satellite office in Memphis, Tenn.

Solomon Partners served as exclusive financial advisor and Weil, Gotshal & Manges LLP served as legal counsel to FleetPride. Jefferies LLC served as exclusive financial advisor and Latham & Watkins LLP served as legal counsel to TruckPro.

About FleetPride

Headquartered in Irving, TX, FleetPride is the nation’s largest distributor of truck and trailer parts and service in the independent heavy-duty aftermarket. FleetPride’s sophisticated network of 450+ locations, which includes 110+ service centers and 6 distribution centers means customers get the parts and services they need, when and where they need them. Customers can click, talk, chat, or visit with FleetPride’s team of 5,500 experts empowered and motivated to solve problems and create tailored solutions for each customer’s unique needs. To find your local branch or service center, or to cross-reference, search, and shop for parts by VIN, visit the new www.fleetpride.com or www.truckpro.com.

About American Securities

Founded in 1994, American Securities is a leading U.S. private equity firm that invests in North American companies, primarily in the industrial and B2B services sectors. With $23 billion under management, we partner with businesses generating $200 million to $2 billion in annual revenues. We combine deep sector expertise, differentiated insights and proven internal capabilities to serve as transformational partners that drive growth and build enduring value. Our investment philosophy emphasizes capital preservation through disciplined investing and hands-on engagement, paired with repeatable value creation processes and operational excellence. American Securities is based in New York with an office in Shanghai. For more information, please visit www.american-securities.com.

About Platinum Equity

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations — a trademarked strategy it calls M&A&O®– acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 30 years Platinum Equity has completed more than 500 acquisitions.

Categories: News

Tags:

KKR Launches Galaxy Container Solutions, A Global Container Leasing and Financing Platform

KKR

Seasoned team to lead new platform anchored by stable, long-term capital

Galaxy will generate asset-backed contractual cash flows in line with KKR’s ABF strategy; adds to KKR’s extensive captive origination capabilities

NEW YORK–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the launch of Galaxy Container Solutions (“Galaxy” or “the Company”), a global marine container leasing and financing platform, in partnership with a team of industry veterans. Galaxy will be owned by KKR-managed credit funds and accounts, which are committing $500 million to the Company via KKR’s Asset-Based Finance (ABF) strategy.

Galaxy will provide a full suite of container leasing and financing solutions to shipping companies around the world, enabling flexible, capital-efficient access to the container fleets that keep global trade moving. Supported by KKR’s stable capital base and a management team with decades of experience, the Company is well positioned to meet customer needs for fleet growth and balance sheet optimization.

Galaxy is helmed by Chief Executive Officer Jeffrey Gannon and Chief Operating Officer Adrian Dunner, who have successfully launched and scaled multiple container leasing companies. Most recently, Mr. Gannon and Mr. Dunner co-founded and led Global Container International (“GCI”), the 7th largest lessor of marine containers globally at the time of its sale to Triton International. They will be joined by former GCI Chief Financial Officer Stephen Controulis, along with a seasoned team of specialists across container leasing management, operations, finance and sales functions.

“This is an ideal moment to launch Galaxy, as market dynamics like lessor consolidation and sustained demand are creating real opportunities for new entrants,” said Jeffrey Gannon, CEO of Galaxy Container Solutions. “With KKR’s support, we are excited to harness our proven approach to offer our customers reliable, flexible solutions for their fleet and capital needs.”

“Galaxy represents an exciting expansion of our Asset-Based Finance strategy into the container leasing sector, which offers attractive downside-protected investment opportunities backed by essential global trade infrastructure,” said Daniel Pietrzak, Partner and Global Head of Private Credit at KKR. “The company is in great hands with the Galaxy team, and we’re confident they will deliver dynamic solutions that meet the evolving needs of the world’s leading shipping lines.”

KKR established its ABF strategy in 2016 and has since grown the platform significantly, with more than $75 billion in ABF assets under management and a team of approximately 50 ABF professionals globally. KKR’s ABF portfolio focuses on four key themes: Consumer/Mortgage Finance, Commercial Finance, Hard Assets, and Contractual Cash Flows. The firm has 19 captive ABF platforms across these four segments, enabling proprietary sourcing and structuring of investments. KKR’s broad, multi-sector approach offers flexibility to invest across a diverse range of industries, including aviation, real estate, mortgages, royalties and equipment leasing, among others.

KKR was advised on the transaction by Kirkland & Ellis LLP.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media
Lauren McCranie
media@kkr.com

Source: KKR

 

Download PDF

Categories: News

Tags:

EQT Real Estate completes sale of national truck terminal portfolio

eqt

Truck Terminal Image

  • Portfolio includes seven logistics assets totaling 475 dock-high and drive-in doors, 89 usable acres and more than 312,000 square feet 
  • Properties span six U.S. states, concentrated in Phoenix, Atlanta, Southern California and Texas
  • Sale reflects growing institutional demand for mission-critical freight infrastructure 

EQT is pleased to announce that the EQT Real Estate Industrial Value Fund V (“EQT Real Estate”) has completed the sale of a seven-asset truck terminal portfolio across the U.S. The portfolio includes high-flow-through industrial facilities located across major freight corridors, supporting the growing need for efficient goods movement and regional distribution. 

Assembled through a series of strategic acquisitions between 2021 and 2022, the portfolio comprises more than 312,000 square feet, 475 dock-high and drive-in doors, and spans 89 acres across Phoenix, Atlanta, Southern California’s Inland Empire, Texas and Wichita. The sites are fully paved, fenced, and located within three miles of major interstates, offering last-mile access to densely populated markets. 

EQT implemented robust targeted leasing and site improvements to institutionalize the portfolio and bring it to stabilization. The properties are now leased to a diversified mix of national and regional logistics users. 

The transaction is part of EQT Real Estate’s broader disposition strategy as it selectively crystallizes marquee investments across its industrial platform. Backed by a strong, world-class management team and deep local operating partners, EQT remains well-positioned to execute efficiently in today’s market environment. 

Matthew Brodnik, Chief Investment Officer at EQT Real Estate, said: “This sale reflects the depth of buyer interest for functional, well-located logistics assets. Our team did a tremendous job executing on the value creation plan for these assets, upgrading each property, enhancing site functionality, and securing significant moderate-to-long-term leasing commitments from blue-chip tenants. Demand for freight and logistics infrastructure remains strong, and we look forward to continuing to unlock value across our portfolio as market opportunities evolve.”

EQT Real Estate was advised by Brian Fiumara and Zach Graham of CBRE National Partners. 

Contact

EQT Press Office, press@eqtpartners.com

Downloads

About EQT Real Estate

EQT is a purpose-driven global investment organization with EUR 266 billion in total assets under management (EUR 141 billion in fee-generating assets under management) as of 30 June 2025, divided into two business segments: Private Capital and Real Assets. EQT supports its global portfolio companies and assets in achieving sustainable growth, operational excellence, and market leadership. Within EQT’s Real Assets segment, EQT Real Estate acquires, develops, leases, and manages logistics and residential properties in the Americas, Europe, and Asia. EQT Real Estate owns and operates over 2,000 properties and 400 million square feet, with over 440 experienced professionals across 50 locations globally. 

More info: www.eqtgroup.com
Follow EQT Real Estate on LinkedIn 

Categories: News

Tags:

Peli BioThermal Announces Acquisition to Expand Cold Chain Logistics Solutions and Advance Cryogenic Cell and Gene Therapy Transport

Platinum

Acquisition strengthens portfolio, accelerates innovation for customers, and expands reach to new markets

Maple Grove, MN – October 7, 2025 – Peli BioThermal, a global leader in temperature-controlled logistics solutions, today announced the acquisition of Evo from BioLife Solutions, further expanding its leading portfolio of products, services, and technology across the pharmaceutical value chain. The Evo portfolio includes cryogenic shippers and the evoIS® technology platform, designed to meet the rigorous demands of the rapidly growing Cell and Gene Therapy (C&GT) sector.

This acquisition strengthens Peli BioThermal’s ability to deliver a full spectrum of cold chain solutions, providing a more complete range of options to existing customers while creating opportunities to engage with new pharmaceutical, biopharmaceutical, and clinical supply customers. Current Evo users will gain added convenience and integration by sourcing solutions directly through Peli BioThermal, while the Evo product line itself will benefit from accelerated development, innovation, and scale—delivering enhanced value across the expanded customer base.

“Evo will allow Peli BioThermal to offer a full spectrum of temperature-controlled solutions, which will help the company deepen its relationship with existing customers and open access to new high-growth end markets.”

Jacob Kotzubei, Co-President and Matthew Louie, Managing Director, Platinum Equity

The addition of Evo products is particularly significant for the Cell and Gene Therapy market, where cryogenic transport, precision, reliability, and flexibility are paramount for delivering life-saving therapies to patients.

“The addition of Evo is a strategic step forward that rounds out our solutions portfolio and reinforces our commitment to solving our customers’ toughest cold chain challenges,” said Sam Herbert, CEO, Peli BioThermal. “Peli BioThermal customers will gain greater choice and convenience, while Evo customers will benefit from access to our global expertise and service network—ensuring both groups are better supported as their needs grow. BioLife Solutions, and SAVSU before that, have done a fantastic job innovating in a complex market and have been fantastic stewards of this business.  In this next chapter, we will devote our substantial capabilities and further resources to expand and innovate at an accelerated pace.”

The Evo portfolio will integrate well into Peli BioThermal’s offering, joining flagship solutions such as Crēdo™ reusable shippers, NanoCool™ systems, and the recently launched Crēdo Vault™ bulk shipper and Vēro One™ single-use dry ice shipper. With this addition, customers gain expanded flexibility in choosing the right solution for their specific needs—whether optimizing for sustainability, performance, or operational simplicity.

The transaction is Peli BioThermal and Pelican Products’ second add-on acquisition since the Company was acquired by Platinum Equity.

“Evo will allow Peli BioThermal to offer a full spectrum of temperature-controlled solutions, which will help the company deepen its relationship with existing customers and open access to new high-growth end markets,” said Platinum Equity Co-President Jacob Kotzubei and Managing Director Matthew Louie in a joint statement. “Our commitment to investing in Peli BioThermal is creating considerable momentum right now and we are excited about the direction in which the business is headed.”

The Bruce Township, MI operations and team associated with Evo will continue as part of Peli BioThermal, helping ensure continuity of expertise and customer support while leveraging Peli BioThermal’s global resources to scale growth.

To learn more about Peli BioThermal’s expanded portfolio and how it supports Cell and Gene Therapy logistics, visit www.pelibiothermal.com.

About Peli BioThermal
Peli BioThermal is the global leader in temperature-controlled logistics solutions, delivering a comprehensive portfolio of single-use and reusable products and services for the life sciences industry. Backed by Peli’s decades-long reputation for dependability, quality, and innovation, Peli BioThermal solutions help protect life-saving medicines as they move through the global cold chain. For more information, visit www.pelibiothermal.com.

Categories: News

Tags:

Blackstone and Lunate Announce Strategic Partnership to Invest in GCC Logistics

Blackstone

Partnership to create GLIDE, a platform targeting US$5 billion of high-quality warehouses across the GCC

 
New York, NY and Abu Dhabi, UAE – 6 October 2025 – Blackstone (NYSE: BX), the world’s largest alternative asset manager, and Lunate, an Abu Dhabi-based global investment management firm with over US$110 billion in assets under management, today announced a strategic partnership to invest in logistics assets across the Gulf Cooperation Council region (“GCC”).

Under the partnership, Blackstone, which is the largest private owner of logistics assets globally at over 1.2 billion square feet, and Lunate, which has an extensive regional network and investment capabilities, will establish Gulf Logistics Infrastructure Development Enterprise (“GLIDE”)—a platform dedicated to the development, acquisition and management of Grade A logistics assets across the GCC. It is expected that additional strategic partners in the GCC will also participate in GLIDE, which will have dedicated teams across the region, supporting its build-out.

Demand for logistics in the GCC is growing rapidly, driven by a number of factors including economic growth, rising e-commerce and manufacturing activity. At the same time, there is currently a significant gap in the availability of Grade A logistics facilities—featuring modern specifications, superior operational efficiency, and adherence to international standards—which is creating compelling investment opportunities in the region. Targeting US$5 billion in high-quality warehouse assets, GLIDE will seek to accelerate the development of logistics infrastructure in the GCC, focusing primarily on greenfield developments, complemented by selective portfolio acquisitions and sale‑and‑leaseback transactions with leading regional businesses.

Jon Gray, President and Chief Operating Officer at Blackstone, said: “The profound economic transformation underway in the GCC, driven by pro-growth policies, favorable demographic shifts and broad-based economic diversification, is creating powerful momentum for sectors like logistics. We are thrilled to partner with Lunate to combine our investment expertise and deep logistics experience with their strong GCC presence and capabilities to build GLIDE, a pan-regional logistics platform at scale.”

Khalifa Al Suwaidi, Managing Partner at Lunate, said: “We are proud to join forces with Blackstone—the world’s largest private logistics assets owner—to launch GLIDE, a unique platform designed to capitalize on opportunities in the GCC logistics market. GLIDE will offer our clients and investors access to compelling investments in high-quality logistics assets and support the development of new infrastructure to drive growth across the GCC. This partnership combines global scale with regional expertise to unlock a market ready for transformation.”
 
About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Blackstone Real Estate
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US$325 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, data centers, residential, office and hospitality. Our opportunistic funds seek to acquire undermanaged, well-located assets across the world. Blackstone’s Core+ business invests in substantially stabilized real estate assets globally, through both institutional strategies and strategies tailored for income-focused individual investors including Blackstone Real Estate Income Trust, Inc. (BREIT). Blackstone Real Estate also operates one of the leading global real estate debt businesses, providing comprehensive financing solutions across the capital structure and risk spectrum, including management of Blackstone Mortgage Trust, Inc. (NYSE: BXMT).

About Lunate
Lunate is an independent global investment firm with more than US$110 billion in AuM, headquartered in Abu Dhabi. With a core focus on private markets, we are also active across the broader asset management spectrum, working with a diverse client base that includes institutions, family offices and corporates.

As a leader in private market solutions, we leverage our scale, agility and access to top-tier partners to invest across multiple asset classes and geographies through our co-mingled funds, customized portfolios and SMAs, seeking to deliver superior risk-adjusted returns for our clients. Lunate has also established Alterra, the world’s largest private climate investment vehicle and Axight, focused on mid-market opportunities in Asia Pacific.

Complementing its private markets platform, Lunate offers investors a range of conventional and thematic ETFs, defined benefit solutions through Ghaf Benefits, and wealth management services.

For more information, please visit www.lunate.com.

Lunate Capital Limited, Axight Capital Limited and Alterra Management Limited are regulated by ADGM FSRA, Lunate Capital LLC is regulated by SCA, and are all subsidiaries of Lunate Holding RSC Limited.
 
Forward-Looking Statements
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect Blackstone’s current views with respect to, among other things, its operations, taxes, earnings and financial performance and the strategic partnership referred to herein. You can identify these forward-looking statements by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “scheduled,” “estimates,” “anticipates,” “opportunity,” “leads,” “forecast,” “possible” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Blackstone believes these factors include but are not limited to those described under the section entitled “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2024, as such factors may be updated from time to time in its subsequent filings with the United States Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in its other subsequent filings. The forward-looking statements speak only as of the date of this release, and Blackstone undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.
 
Media Contacts
 
Blackstone
Dafina Grapci-Penney
Dafina.GrapciPenney@Blackstone.com
+44 (0)755 367 3528

Lunate
media@lunate.com

Categories: News

Tags:

KeBeK Private Equity has sold its majority stake in Tailormade Logistics to Malo Ventures

Kebek

Tailormade Logistics

Tailormade Logistics (TML) is a full-service logistics provider headquartered in Ghent, Belgium. The company offers tailor-made logistics solutions to customers in various sectors and has 32 logistics hubs in Belgium, France and beyond. With a workforce of approximately 1,125 employees spread across eight countries, TML manages an impressive storage capacity of 450,000 square meters. Its modern fleet comprises 870 trailers, 430 trucks and vans and 620 containers. For more information, please visit www.tailormade-logistics.com/.

The Deal

KeBeK Private Equity is selling its majority stake in Tailormade Logistics to Malo Ventures. Founder and CEO Bert Vandecaveye will remain on board as a shareholder. The transaction marks the end of an intensive and fruitful collaboration in which TML has achieved strong growth and international expansion. Following KeBeK Private Equity’s investment in 2017, TML’s turnover grew from €35 million to €180 million.

Lincoln International served as the single sell-side advisor to KeBeK Private Equity, leading a well-structured and efficient pre-emptive process that delivered ideal terms and conditions and allowed TML’s management team to focus on the continued growth of the business. Lincoln leveraged three key factors to provide an outlier outcome for the client: 1) a deep expertise in value-add asset- and fleet-backed infrastructure logistics and transport solutions, 2) the ability to position value-add logistics as a strategic asset class with demonstrable growth potential and 3) market-leading understanding of the buyer landscape.

Our Perspective

Gabriel Englebert, Managing Director at Lincoln International, commented, “This acquisition highlights TML’s excellent market position, growth potential and operational excellence. We are proud to have advised KeBeK Private Equity, TML’s CEO Bert Vandecaveye and his team on this successful transaction.”

KeBeK Private Equity

KeBeK is an independent Belgian investment fund that invests in solid, medium-sized companies with identifiable potential for further value creation. KeBeK actively supports the management teams of its portfolio companies in implementing their jointly determined business strategies. KeBeK usually acquires controlling interests but does not play an operational role. The fund is managed by four partners who worked together for many years and have a proven track record in the private equity sector. KeBeK’s resources are provided by recognized institutional investors, family offices and successful entrepreneurs. For more information, please visit www.kebek.be/en/index.

Malo Ventures

Malo Ventures focuses on investments in the logistics sector and real estate. With its extensive experience in entrepreneurship and sector insights, the firm leverages its expertise to create sustainable growth. Malo Ventures combines a long-term vision with a professional approach to create value for partners and projects.

Categories: News

Tags:

Antin plans to take a majority stake in Matawan, a leading smart mobility platform

Antin

This investment would be the seventh by Antin’s NextGen Infrastructure Fund I

Paris, London, New York

Antin Infrastructure Partners and Matawan have entered into exclusive negotiations for a majority investment in Matawan, a leading smart mobility platform offering mission critical services to public transport networks and aiming to make everyday travel easier for commuters, transport authorities and operators.

Founded in 2012, Matawan offers an end-to-end mobility platform that breaks the silos in public transit. Its cloud-based solutions serve as the infrastructure backbone of modern transportation systems enabling its essential functions. Matawan simplifies the usage of public transport networks across modes (bus, tram, rail, bike, ferry etc) via account-based ticketing, optimises supply and demand via Artificial Intelligence and provides travellers and operators with reliable information and quality of service.

Matawan today serves more than 330 transport networks across six countries in Europe and North America. It plans to continue growing its business both organically and through acquisitions, while entering new geographies.

Antin’s NextGen Fund I would be investing in Matawan alongside founder Jean-Paul Medioni, who would have a seat on the company’s Supervisory Board, CEO Jérome Trédan and its management team.

Upon closing, this investment would be the seventh by Antin’s €1.2 billion NextGen Infrastructure Fund I. NextGen invests in companies with proven business models and technologies that require substantial capital to scale to become the next generation of infrastructure, often with a strong focus on sustainability.

Nathalie Kosciusko-Morizet and Nicolas Mallet, NextGen Senior Partner and NextGen Partner, respectively, at Antin Infrastructure Partners, declared: “Matawan is a great fit for our NextGen strategy. The company is perfectly positioned to become a leader in public transport by facilitating the transition to smart, intermodal and interoperable networks, benefiting from a fundamental shift in commuting patterns and the need to decarbonise mobility. We are looking forward to working with Matawan’s teams to help take the company to the next level.”

Jérôme Trédan, CEO of Matawan, added: “We are thrilled to have the backing of Antin as the company enters a new growth chapter. Antin is the right partner to help us consolidate our French and European leadership, allow us to accelerate our expansion in Europe and North America and execute our vision of making everyday commute easier for all, for a more sustainable future.”

Jean-Paul Medioni, Matawan’s founder, concluded: “I am particularly proud of the work accomplished with the teams over these exciting years to promote public transport across territories through digital technology and innovation. I am delighted to see the Matawan project take on a new dimension with the support of Antin and a strong management team. I am very motivated by this new chapter in our history and confident in Matawan’s ability to reach new heights.”

The transaction remains subject to customary works council information procedures and regulatory approval and is expected to close by the end of 2025.

 

 

About Antin Infrastructure Partners

Antin Infrastructure Partners is a leading private equity firm focused on infrastructure. With over €33 billion in assets under management across its Flagship, Mid Cap and NextGen investment strategies, Antin targets investments in the energy and environment, digital, transport and social infrastructure sectors. With offices in Paris, London, New York, Seoul, Singapore and Luxembourg, Antin employs over 240 professionals dedicated to growing, improving and transforming infrastructure businesses while delivering long-term value to portfolio companies and investors. Majority owned by its partners, Antin is listed on Euronext Paris (Ticker: ANTIN – ISIN: FR0014005AL0).

 

About Matawan

Matawan simplifies everyday travel by connecting mass transit to all modes of mobility. Thanks to a combination of ticketing, electronic payment, quality of service and data management solutions, its smart mobility platform helps improve user service, travel with a single ticket and reduce the environmental footprint of journeys. As a partner to local authorities and operators, Matawan works daily at the heart of cities and regions to liberate mobility services for greater inclusivity, sustainability and convenience. Multi-awarded since its creation in 2012 in Burgundy (France), Matawan is part of French Tech 120, a French government-led programme designed to support the 120 most promising French scale-ups that have the potential to become global leaders. More information on www.matawan-mobility.com

 

Media Contacts

Antin Infrastructure Partners

Thomas Kamm, Partner – Head of Communications

Email: media@antin-ip.com

 

Nicolle Graugnard, Communication Director

Email: media@antin-ip.com

 

Ludmilla Binet, Head of Shareholder Relations

Email: shareholders@antin-ip.com

 

Brunswick

Tristan Roquet Montegon +33 (0) 6 37 00 52 57

Email: antinip@brunswickgroup.com

 

Matawan

Pauline Dessertine – +33 (0) 7 68 49 54 98

Email : p.dessertine@matawan-mobility.com

 

Sandra Labérenne – +33 (0) 6 43 19 13 88

Email : slaberenne@meiji-communication.com

 

Soraya Pilonchéry – +33 (0) 6 20 00 62 63

Email : spilonchery@meiji-communication.com

Categories: News

Tags:

KKR Increases Its Investment in Mirastar

KKR

Mirastar’s team with Ekaterina Avdonina (seated front left) and Anthony Butler (seated front right)

London – 2 September 2025 – After five years of successful strategic partnership, funds managed by KKR, a global investment firm, are increasing their investment in Mirastar to continue building on the success of its leading pan-European industrial and logistics platform. Co-founded in 2019 by Ekaterina Avdonina and Anthony Butler, Mirastar will continue to be led by Avdonina as Chief Executive Officer and Butler will transition his day-to-day responsibilities as Chief Investment Officer and continue to support the business as a Non-Executive Director.

Since inception, Mirastar—together with KKR—has acquired over 70 properties and approximately €3 billion in assets and developments across six countries. The company has established six offices across Europe and grown to over 40 employees. KKR’s increased investment in Mirastar follows the firm’s purchase of a majority stake in 2020 and will support Mirastar’s continued expansion as KKR’s platform for acquiring and managing logistics properties across Europe.

Seb d’Avanzo, Head of Real Estate Acquisitions for KKR in Europe, said: “Industrial and logistics has been one of our highest conviction themes in European real estate and our strategic partnership with Mirastar has enabled us to acquire an exceptional portfolio that continues to deliver strong results for our clients. Our strategic partnership with Ekaterina and Anthony has been crucial in realizing our shared vision and we see bright opportunities ahead for Mirastar under Ekaterina’s continued leadership. Few people combine Anthony’s deep conviction, market insight, and relentless energy. We’ll miss Anthony’s daily presence, but we are fortunate to still have his counsel and experience as the journey continues.”

Anthony Butler, Co-Founder & CIO at Mirastar, said: “Building, launching, and growing Mirastar alongside Ekaterina into one of Europe’s most respected industrial and logistics platforms has been an incredible journey. I’m proud of what we’ve accomplished together, which is a testament to what’s possible with the right talent, strong strategic partnerships, and the support of an ambitious capital partner like KKR. As I look ahead, I remain committed to supporting Mirastar’s continued success and excited about what lies ahead in real estate – especially in global logistics.”

Ekaterina Avdonina, Co-Founder & CEO at Mirastar, added: “Co-founding Mirastar with Anthony has been one of the most rewarding experiences of my career. Together with KKR, we have built a platform that has exceeded all our expectations. I’ve learned a great deal from Anthony, both professionally and personally, and I’m grateful that he will remain involved as a non-executive director as we look to the future.”

Butler’s real estate career spans over 30 years, including senior European and global roles at leading institutions. Prior to launching Mirastar, he served as Head of European Real Estate for TIAA, where he led the acquisition of Henderson to form Nuveen. He also held the role of Global Head of Transactions & Indirect Investments for Generali, and senior leadership positions at MGPA, DWS, and Delin. His diverse experience includes roles as investor, developer, and operating partner.

— Ends —

About Mirastar

Mirastar is a pan-European logistics developer, investor and asset manager, founded in 2019 by Ekaterina Avdonina, Chief Executive Officer, and Anthony Butler, Chief Investment Officer. The team currently comprises senior real estate professionals based in London, Amsterdam, Stockholm and Frankfurt. The team at Mirastar have deployed over €20 billion of capital across key European markets and have built and constructed in excess of 4 million square meters of logistics assets collectively.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Contacts
KKR / Mirastar
FGS Global
Oli Sherwood / Jack Shelley
KKR-Lon@FGSGlobal.com
Tel: +44 (0) 20 7251 3801

 

Download PDF

Categories: News

Tags: