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Month: May 2020

Eurazeo revenue falls 4.5% in first quarter hit by travel & leisure portfolio companies

During the period Eurazeo increased its stake in private equity firm Idinvest to 80%

Turkish firm Actera raises over $650m so far for latest fund targeting $1.25bn

The Istanbul-based firm, which targets international investors, has been working to raise funds amid a turbulent period for the country

BlackRock leads $190m investment in Contentsquare

Latest capital infusion brings funding for the digital analytics company to $310m

TowerBrook acquires CarTrawler as travel sector continues to face Covid-19 pressure

The private equity firm has invested €100m in the Dublin-based travel technology company

Distressed debt funds seek billions to profit from coronavirus carnage

Funds that bet on troubled companies are trying to raise a record amount of cash as investment opportunities balloon

Apollo Global bets on Hertz failure

The coronavirus pandemic’s impact on the car rental industry has pushed Hertz to the brink of bankruptcy

SoftBank posts its worst-ever results hit by poor tech investments

Vision Fund falls into the red as coronavirus pandemic accelerates downturn

Making the best of a post-pandemic world

The world economy was already faced with huge challenges, Covid-19 only clarifies them and poses starkly the choices we must make on a global and national scale

Venture debt set to take prominent role

About $10bn worth of venture debt deals were made this year as of 21 April, a pace set to eclipse the roughly $25bn in such deals last year

KKR-backed Casual Dining Group set to appoint administrators

KKR and Pemberton took over the business, which runs Café Rouge, Las Iguanas and Bella Italia, in 2018

Global venture capital funding drops by 20%

Opalesque Industry Update - Global venture capital funding has dropped by 20 percent since the onset of the crisis in December 2019. The drop, however, is far from evenly distributed, said a study titled 'The

Hedge fund redemptions jump to to $85.6bn in March

Opalesque Industry Update - The hedge fund industry felt the impact of the spreading COVID-19 pandemic in March as hedge fund redemptions jumped dramatically to $85.6 billion, a steep increase from February's $8.1 billion in

ArchiMed invests in US-based health-tech business ActiGraph

Florida-based ActiGraph is the fund’s fifth cross-border investment

Ability to execute carve-outs is sellers’ main concern amid Covid-19 – survey

Industrials, retail, and business services sectors, are expected to be the most likely targets

Metlifecare takes legal action over EQT’s decision to back out of acquisition

Asia Pacific Village Group, an entity owned by the EQT Infrastructure IV fund, agreed to acquire Metlifecare in December

Palatine bolsters impact team with new partner hire

Tristan Craddock joins from Rutland Partners to help identify investment opportunities for Palatine's £100m Impact Fund

General Atlantic to invest $870m in Indian telecom company Jio Platforms

Including General Atlantic's investment, Rio has raised more than $8bn in less than a month from Facebook, private equity firms Vista Equity Partners and Silver Lake

Saudi sovereign wealth fund takes stakes in Facebook, Boeing, Cisco Systems

In the coronavirus pandemic’s financial fallout, Saudi Arabia’s sovereign-wealth fund has emerged as one of the world’s biggest bargain hunters, taking minority stakes worth billions of dollars in America corporations

Private equity to take bigger slice of Emea tech deals

Private equity groups have already accelerated their acquisitions of Emea-based tech targets in the first quarter

France’s AMF regulator suspends ban on short-selling

Opalesque Industry Update - In consideration of the progressive normalisation of the French market's risk indicators, the Autoritamp;eacute; des Marchamp;eacute;s Financiers has decided to suspend the exceptional measure imposing a ban on the creation of

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