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Month: April 2020

UK chancellor expands coronavirus loan scheme to cover large businesses

The chancellor announced the extension ahead of the schemes official UK-wide roll out next week

Guy Hands’ Terra Firma appoints new CEO

The appointment of Vivek Ahuja comes a year after the departure of the firm's previous CEO Andrew Géczy

PE-backed companies allowed access to expanded coronavirus loan scheme

The chancellor announced the extension ahead of the schemes official UK-wide roll out next week

OPIM partners with Mingshi to launch its first quantitative A-share hedge fund offshore

Opalesque Industry Update - OP Investment Management Limited (OPIM), Asia's leading fund platform, is partnering with Shanghai Mingshi Investment Management (Mingshi) to launch Mingshi China Optima Master Fund and two feeder funds which invest all

AMB :- Investors plan smaller commitments for private equity in the next 12 months

Laxman Pai, Opalesque Asia: Investors are planning to invest less capital in private equity in the next 12 months amid the global economic shockwaves caused by the COVID-19 pandemic, said Preqin. However, the appetite fo...Article

UK pensions set to up private markets allocations as poor public equity performance bites

The shift away from public markets is likely to be a reaction to the reported 20% decline in the plans’ performance in the first quarter this year

PE firm buys anti-counterfeit specialist combatting rise in fake drugs amid Covid-19

Brussels-based Advanco provides tracking systems for serialised pharmaceutical products

US coronavirus stimulus offers taxpayer cash to buyout firm companies

Private equity appears to have won access to federal stimulus funds through the Federal Reserve—with strings attached

Remembering José María Loizaga Viguri, the father of Spanish private equity

The founder of Mercapital and vice president of ACS Group died on March 22 from Covid-19

Why the government bail-out measures need to consider private equity firms

Preparation will be key for PE backed businesses seeking Covid-19 loan and refinancing support

IMF chief calls for extension on Brexit trade talks

Kristalina Georgieva's comments come alongside yesterday's agreement on a timetable for remotely conducting Brexit talks

Apollo Global’s bet on Fresh Market gets a boost as consumers stock up

Private equity-backed specialty grocer is expecting an up to 11% increase in first quarter sales, report shows

Wall Street banks set aside $19bn to handle virus crisis but it may not be enough

Analysts are quick to point to strong underlying earnings - but banks don't yet know how deep the recession, or even depression, will be

Man GLG taps Andrew Swan to lead Asia team

Opalesque Industry Update - Man GLG, the discretionary investment management engine of Man Group, today announces that Andrew Swan will join the firm as Head of Asia (ex-Japan) Equities. With more than 25 years' experience

Eurekahedge Hedge Fund Index outperforms the MSCI AC World Index by 9.22% in March

Opalesque Industry Update - The Eurekahedge Hedge Fund Index registered its strongest outperformance relative to underlying markets since October 2008, outperforming the MSCI AC World Index by 9.22% in March. Long volatility and tail risk

Vulture funds prepare to swoop in and feast on troubled company debt

Distressed debt funds begin to circle troubled companies hit hard by the impact of the coronavirus pandemic

Danish buyout firm Axcel seals debut deal from sixth fund

The firm has acquired Norwegian software company SuperOffice in a deal valued at €87m

Bain Capital leads $145m round for Tel Aviv-based biometrics company

BioCatch uses machine-learning technology to help financial institutions and other groups verify user identities at a time many are working remotely

Coronavirus deaths in care homes could be much worse than recorded – data

Private ownership of care homes has recently come under the spotlight

BlackRock raises $5.1bn for new energy infrastructure fund

The fund will focus on investing in power plants, pipelines and related businesses

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