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Month: January 2020

Impact investments fall despite growing enthusiasm

There’s plenty of money raised for impact investing but firms are struggling to find deals

Ardian strikes deals in Portugal and France

The Paris-based private equity firm has acquired the specialty ingredients business Frulact and taken a majority stake at Santé Cie

Brexit provides more reasons to fear than to hope

The hard truth is that the UK government has abandoned financial services

Canadian pension fund CDPQ’s private equity team hit with more departures

Departures come as CDPQ aims to increase its private equity allocation north of 15%

So you’re rooming with your boss in Davos – here are the rules

Avoid these beartraps and the annual business trip to the Swiss Alps will be a breeze

Property of the Week: A hidden Notting Hill luxury for £20m

The property also includes a self-contained apartment and an off-street parking garage

Far Point to buy Swiss payments company Global Blue for $2.6bn from Silver Lake

Global Blue gets US listing, nearly $1bn as part of the transaction

Private equity-backed companies dominate London IPOs

The float of payments processor Network International was the largest IPO of the year

Lexington raises record $14bn for private equity secondary fund

The New York firm’s ninth fund exceeded a $12 billion fundraising target

CVC to acquire yacht marinas operator in the Mediterranean & UAE

D-Marin is owned by Turkish conglomerate Do?u? Group

HIG Capital bolsters investor relations team as it prepares mid-cap infra strategy

The firm is ramping up its activities in the small and mid-cap real assets markets

Nouriel Roubini: Financial markets’ US/Iran delusion

Just because Iran and the United States have so far avoided a full-scale war does not mean that markets are out of the woods

Startup Governance

Posted by Elizabeth Pollman (University of Pennsylvania), on Tuesday, January 14, 2020 Editor's Note: Elizabeth Pollman is Professor of Law at University of Pennsylvania Law School. This post is based on her article, recently published

Opalesque Roundup: Hedge fund returns the strongest for ten years but widely dispersed: hedge fund news, week 02

In the week ending January 11th 2020, a report by eVestment said that the global hedge fund industry returned +1.75% in December, bringing aggregate 2019 full-year returns to +9.74%. 2019 marked the industry's best aggregate

UK MBA pulls bond for Warrington amid uncertainty following PWLB rate cut

The UK Municipal Bonds Agency on Tuesday withdrew a planned bond sale for Warrington Borough Council as a result of the Public Works Loan Board’s decision last week to cut its lending rate by 100bp.

Uzbek car maker enters syndicated loan market

UzAuto Motors, a car maker owned by the Uzbek government, has raised its debut syndicated loan from European lenders. The deal is one of many over the last year that have opened Uzbekistan’s borrowers up

Gilt market calls for long-dated conventional syndication in January

In calls with the UK Debt Management Office on Monday, the majority of Gilt-edged Market Makers (GEMMs) and some Gilt investors called for the UK to launch a new conventional bond maturing in either 2046

Europcar restructuring steers clear of state-backed rescue loan

Europcar is one of the first large companies to restructure with a big state-backed Covid-19 rescue loan in its capital structure. But the planned scheme, proposed to creditors last week, leaves the guaranteed loan untouched,

Europcar restructuring steers clear of state rescue loan

Europcar is one of the first large companies to restructure with a big state-backed Covid-19 rescue loan in its capital structure. The planned scheme, proposed to creditors last week, leaves the guaranteed loan untouched, which

Libor administrator to consult on extending most dollar rates to 2023

ICE Benchmark Administration Limited (IBA), the administrator for Libor, will consult on its intention to cease the publication of the majority of dollar Libor rates after the end of June 2023, 18 months later than

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