Latest news with #BDT&MSDPartners
AU Financial Review
7 days ago
- Business
- AU Financial Review
Dennis Bastas secures big payday as American giant takes DBG stake
Dennis Bastas has offloaded a significant stake in the beauty and pharmaceutical empire he founded a decade ago to a high-profile American merchant bank that values the business at more than $7 billion. The sales of a $1.16 billion holding in Bastas' DBG Health to a private equity fund run by BDT & MSD Partners was overseen by its chairman and co-chief executive Bryon Trott, a three decade Goldman Sachs veteran who is now a close advisor to Warren Buffett and wealthy families like the Waltons.
Bloomberg
01-05-2025
- Business
- Bloomberg
BDT & MSD's Piekarski Forms Real Estate Credit Firm Derby Lane
BDT & MSD Partners alum Adam Piekarski is starting anew and has formed Derby Lane Partners, a new real estate credit investment firm, according to a person with knowledge of the matter. New York-based Derby Lane is expected to begin investing a war chest of over $1 billion in the coming months, said the person, who asked not to be identified discussing private information. The firm plans to invest in senior, floating-rate mortgage loans.
