Battle for survival: Covid-19 unravels private equity playbook for some retailers
Many retail chains backed by buyout firms were struggling even before the pandemic forced store closures
Many retail chains backed by buyout firms were struggling even before the pandemic forced store closures
Laxman Pai, Opalesque Asia: Despite COVID-19 disrupting business operations, the number of US-based venture capital funds in the market has surpassed 1,000 for the first time in April, 2020. According to the Preqin, at ...Article
Sticking to existing relationships is the safest choice for investors
The transaction is the ninth concluded by Triton's smaller mid-cap fund, closed in 2018 at €450m
Some argue that smaller, private companies may emerge with the most effective treatments, not publicly traded companies
Posted by Rob Carlson and Jake Funk, Sidley Austin LLP, on Friday, May 15, 2020 Editor's Note: Rob Carlson is a partner and Jake Funk is an associate at Sidley Austin LLP. This post is
J. Crew, Neiman Marcus and some other retailers facing bankruptcy after the pandemic have a common problem: large debt loads from leveraged buyouts.
Full disclosure, temporarily moving out and switching teams temporarily – these are some of the ways banks are mitigating the risks of working from home
In April, 80% of the money raised by US IPOs was for companies whose purpose is to fund acquisitions
The battered British airline is discussing new sources of funding to weather the coronavirus pandemic with the bank as well as with private equity firms, as previously reported by Private Equity News
Opalesque Industry Update - As economic prospects cloud and volatility returns to all asset classes, investors are looking for alternatives to traditional alternative investments. Meeting this need, the Aaro DLT Multifund launched on May 1,
René Obermann and Adarsh Sarma will succeed Dan Zilberman on 1 June
Laxman Pai, Opalesque Asia: International investment firm Cathay Capital Private Equity announced the final close of its second Sino-European Mid Cap Fund at $850 million. Midcap II has surpassed its predecessor, which...Article Link
Laxman Pai, Opalesque Asia: Colorado-headquartered private equity investor Rubicon Technology Partners closed a new fund, Rubicon Technology Partners III, at over $1.25 billion, exceeding the fund target of $250 million ...Article Link
At a time when J. Crew and Neiman Marcus needed to be investing money to adjust to changing shopping habits, enormous sums were going to their owners.
Opalesque Industry Update - The industry faces short-term disruption due to the pandemic, but the longer term impact is more positive COVID-19 is having a sizeable impact on the business operations of both fund managers
The Paris-based firm said it held over three million shares at the company, but did not disclose other financial details
The governor of the Bank of England's comments come as the government slowly eases restrictions of the now two-month long lockdown
The mid-market firm is teaming up with technology investor Acacia Group to take a controlling stake in Column Group
Houlihan’s capital markets bankers have pivoted from advising companies on acquisitions to liability and debt management as well as rescue and bridge financing