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Month: February 2020

Fundraising veteran Bott joins Campbell Lutyens’ advisory board

Charlie Bott previously spent 10 years at BC Partners and retired in September 2018

The global economy is becoming an oligopoly – it is time to break it up

It is our job as voters to elect politicians who will act to restore true competition to companies and markets

Private equity-backed grocery chains buckle

Three grocery chains have filed for bankruptcy within the first month of this year, and two of them are owned by private equity firms

The careerologist: Is the financial sector being cancelled?

As tech companies and consultancies attract a greater share of the top business school graduates, the financial services sector will need to rethink what the best candidates really want from their employer

Bahamas removed from EU blacklist

Opalesque Industry Update - BFSB and AIBT welcome the news of The European Union's Economic and Financial Affairs Council's complete removal of The Bahamas from its List of Non-Cooperative Jurisdictions for Tax Purposes, at their

ICG hires trio for North American mid-market private equity push

The new hires will originate deals using the UK-listed private equity group's balance sheet, ahead of fundraising from external parties

Hedge funds end 2019 with second straight month of outflows

Opalesque Industry Update - The hedge fund industry experienced a second straight month of net outflows in December with nearly $29.0 billion in redemptions, up from November's $4.7 billion in outflows. December's redemptions represented 0.9%

AMB :- Pamlico Capital closes $1.4bn fund

Laxman Pai, Opalesque Asia: Pamlico Capital, a lower- to middle-market private equity firm based in Charlotte, closed its Pamlico Capital V (PC V) fund with $1.4 billion in commitments. The North American private equity...Article Link

AMB :- EagleTree Capital closes fifth buyout fund at $1.12bn

Laxman Pai, Opalesque Asia: New York-based private equity investment firm EagleTree Capital closed lower-middle-market buyout fund EagleTree Partners V at $1.12 billion. ET V had an aggregate capital commitment of $1.11...Article Link

AMG takes stake in private equity firm Comvest

Consolidator’s latest deal comes amid a busy couple of days for mergers and acquisitions in the asset management industry

US Democrats target private equity-owned hospitals with transparency bill

The House Ways and Means Committee passed a bill that would expand financial disclosures by health providers backed by private equity

KKR forms $200m biosciences investment platform

The platform has already announced two deals, which are the first European investments from the $1.45bn Healthcare Strategic Growth fund

Blackstone and Advent to face off for Thyssenkrupp’s lifts unit

If no agreement can be reached with a bidder, an IPO remains an option, Thyssenkrupp said

Eurekahedge Hedge Fund Index up 0.14% in January

Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 0.14% in January, ahead of the underlying equity market as represented by the MSCI ACWI (Local) which lost 0.90% over the same period. Global

Dell nears deal to sell cybersecurity business to private equity firm STG

Dell could announce a deal at more than $2bn as soon as Tuesday

HSBC to shrink investment bank and cut 35,000 jobs

UK bank plans to strip out $100bn in assets and cut $4.5bn in costs as part of an overhaul under interim CEO Noel Quinn

Skype co-founder’s venture capital firm raises $820m for latest fund

Atomico was set up in 2006 by chief executive officer Niklas Zennström

AMB :- Opalesque Exclusive: Optima A.M. bets on healthcare and biotech innovations with long/short strategy

B. G., Opalesque Geneva: Optima Asset Management has just launched the Optima Healthcare and Biotechnology strategy, which will be managed by five portfolio managers, each specialising in a branch of the sector. The U...Article Link

Opalesque Exclusive: Optima A.M. bets on healthcare and biotech innovations with long/short strategy

B. G., Opalesque Geneva: Optima Asset Management has just launched the Optima Healthcare and Biotechnology strategy, which will be managed by five portfolio managers, each specialising in a branch of the sector...Article Link

Freeing Baring Vostok’s founder Calvey wouldn’t mean Russia has turned business-friendly

The US-born businessman may soon be freed. If that is true, the end of a judicial case that many critics describe as another farce produced by the Russian criminal justice system would by no means

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