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Month: May 2020

KKR continues move into European logistics real estate with Etche France deal

The firm has taken a majority stake in real estate company Etche France from the BMF Group and its co-founders for an undisclosed sum

KPMG and PwC being investigated over audits of Eddie Stobart months after PE rescue

Private equity firm DBAY Advisors struck a deal in November 2019 to take over the logistics company and inject liquidity

Aquiline Capital raises $2bn for fourth private equity fund

To date, the fund, which invests between $30m and $200m, has taken stakes in three businesses

Shareholder activists are tearing up their traditional playbook

The tools that once boosted returns at target companies have become impossible to use in the current context of sinking valuations and the continuing massive government intervention in the world’s largest economies

The pandemic is shaking the dollar’s supremacy

After three years of US president Donald Trump abusing the country’s dominant position in the global system, his administration’s disastrous response to the Covid-19 pandemic will further erode faith in the dollar

KKR Acquires Majority Stake in Etche France, A Leading Owner-Operator of French Real Estate Assets

LONDON --(BUSINESS WIRE)--May 26, 2020-- KKR, a leading global investment firm, and Etche France (“Etche”), announced that KKR has acquired a strategic stake in Etche from Groupe BMF and co-founders. Etche is a private real

Opalesque Roundup: Hedge funds' total assets dropped more than $300bn in a single month: hedge fund news, week 21

In the week ending May 22nd 2020, BarclayHedge said that there were more than $85 billion in redemptions in a disastrous March, when hedge funds also suffered trading losses of $229.1 billion. In a single

AMB :- Opalesque Roundup: Hedge funds’ total assets dropped more than $300bn in a single month: hedge fund news, week 21

In the week ending May 22nd 2020, BarclayHedge said that there were more than $85 billion in redemptions in a disastrous March, when hedge funds also suffered trading losses of $229.1 billion. In a single

AMB :- Spectrum Equity pulls in $1.5bn for ninth fund

Laxman Pai, Opalesque Asia: US-based Spectrum Equity has raised a $1.5 billion new fund - Spectrum Equity IX - to invest in startups that are in their growth stage. The growth equity firm providing capital

AMB :- SFERS and RPDU top the investors list in US venture capital

Laxman Pai, Opalesque Asia: The five most active investors in US venture capital are pension funds. US venture capital attracts a range of investors, and almost a quarter are located outside of North America, said

AMW :- Opalesque Roundup: Hedge funds' total assets dropped more than $300bn in a single month: hedge fund news, week 21

In the week ending May 22nd 2020, BarclayHedge said that there were more than $85 billion in redemptions in a disastrous March, when hedge funds also suffered trading losses of $229.1 billion. In a single

Midlands pension fund with £45bn names new investment chief

LGPS Central promotes a veteran of several City fund management houses into its top investment job

Spanish private equity lobby group reveals new leadership

Aquilino Peña will take over as president from Miguel Zurita, managing partner and co-CIO of Altamar Capital

Spain’s Sherpa Capital buys bike-sharing company CityBike

Sherpa highlighted the company's growth prospects following Covid-19, which has resulted in increased demand for alternative transport solutions

CVC agrees deal to invest £116m in Pro14 Rugby

As part of the deal, the Federazione Italiana Rugby (FIR), will also become a member of Celtic Rugby DAC

Inside Facebook and private equity’s $8.8bn bet on India’s richest man

Mukesh Ambani’s plan to bring his nation’s shoppers online – and a search for investment – draws big backers

Waterland Private Equity invests in British medical communications consultancy

Waterland said in a statement it will pursue a buy-and-build strategy with follow-on funding to support the company’s global expansion plans

Apollo collects $1.75bn for dislocated credit fund

Firm aims to take advantage of the distress caused by the coronavirus pandemic

Tourmaline Partners announces majority investment from Copley Equity Partners

Opalesque Industry Update - Tourmaline Partners, an outsourced trading solutions firm, announced that it has received a majority investment from Copley Equity Partners, a private investment firm that focuses on established businesses with significant growth

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