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Month: March 2020

JPMorgan adds to private capital team in London

US bank has been steadily adding to its teams of advisers to private companies

KKR temporarily closes London offices after coronavirus case

KKR joins a number of other financial services firms in the UK to send staff home

LSP raises $600m for latest European life sciences fund

The fund, called LSP 6, will invest in between 15 and 18 private companies that are developing new medications or medical technologies

Oil price dive puts private equity billions at risk

Private equity investment in the oil and gas sector reached the highest amount in at least a decade last year

Private equity proves its worth in crisis years

Deals done in Europe and the US prior to the global financial crisis managed to keep returns in line with transactions that were completed in other years

HgCapital targets more than £6bn for three new funds

UK firm aims to raise $3.91bn for its second fund focused on larger mid-market deals and the same amount for its core mid-market strategy, pension documents show

Coronavirus starts to disrupt fundraising

The fundraising market is struggling to keep up the pace in the face of virus fears

Sovereign green bonds enter mainstream despite Covid-19 hurdles

Green bonds are becoming the rule, rather than the exception, for Europe’s sovereigns with two more debuts this week. Covid-19 has delayed others from entering the market but the instruments are now well and truly

Mizuho jumps the queue

Japan’s Mizuho Financial Group came to the dollar market with a $2bn trade on Tuesday as it jumped ahead of the September funding rush.

SMBC’s covered feat shows it’s time for tougher trades

Covered bond issuers were urged to do their toughest covered bond trades in the wake of an outstanding result on Thursday for Sumitomo Mitsui Banking Corporation, which attracted a deeper and broader range of higher

HSBC wants to take mid-market push beyond UK

HSBC might be in the middle of a big restructuring, but that isn’t stopping plans to develop mid-market M&A efforts in France, Germany and Asia as well as the UK, writes David Rothnie. The bank

PE women investor network launches diversity campaign

The new #HerWorth challenge by Pewin aims to raise awareness on female under-representation in private equity

Pollen Street trust row escalates as sacked private equity manager attacks board

Pollen Street Capital calls on trust shareholders to put forward new candidates for PSSL board

Investors fill up on billion-dollar Yum China IPO

Fast food franchise operator Yum China Holdings is cooking a multi-billion-dollar secondary offering in Hong Kong. It is the latest deal in a growing trend that bankers expect will bring more US-listed Chinese companies to

Xinyi Solar, Venus Medtech succeed in HK sales

Solar glass manufacturer Xinyi Solar Holdings raised HK$2.7bn ($343.5m) on Wednesday, after boosting the size of a primary share sale.

China to tweak bond rule to give foreign investors more access

China is working on new rules to give foreign investors fuller access to the world’s second largest bond market. However, bankers are sceptical. Addison Gong reports.

SMBC set to issue its first negative yielding covered bond

Sumitomo Mitsui Banking Corporation sent a positive signal to hesitant Asian covered bond issuers on Thursday when it was set to price its first negative yielding covered bond, attracting a deeper and broader scale of

Japan after Abe: no reason for panic

Shinzo Abe, Japan’s prime minister, who has decided to retire, will be missed by many bankers.

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