• News emerged this week that Ares Management may be nearing a deal to acquire Chuck E. Cheese at a valuation of around $2 billion, joining a growing list of PE firms looking to whet their appetites in the bars and restaurants sector.
• The number of first-time middle-market funds closed in the US has increased each of the past three years. One clear impact? An uptick in competition.
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• Vista Equity Partners has officially wrapped fundraising for its latest mega-fund, reaching a final tally of a whopping $11 billion.
• Like tens of thousands of Americans before, Apollo Global Management has decided to seek its next fortune by going West.