Bailey McCann, Opalesque New York: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020. Europe...Article Link
Laxman Pai, Opalesque Asia: The global fund manager City of London Investment Group (CLIG) has agreed on an all-share takeover of US fund manager Karpus Management Inc. CLIG&`s money management subsidiary, City of Lo...Article Link
Laxman Pai, Opalesque Asia: Activists have not shown the same appetite for bargains than in previous selloffs, said Lyxor. A V-shaped market rebound and rich valuations are not providing a large universe of oversold sto...Article
Italy’s ministry of economy and finance has announced a new government bond which will be reserved exclusively for retail investors, with the proceeds to fund the measures launched by the government to deal with the
There were no issues of competing supply on Tuesday as three eurozone sovereigns amassed big order books, buoyed by last week’s expansion of the Pandemic Emergency Purchase Programme (Pepp).
Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, June 8. The source for secondary trading levels is ICE Data Services.
The UK Debt Management Office launched a syndication on Tuesday, printing a new October 2050 line and raising £9bn.
After three eurozone sovereigns hit the primary market on Tuesday, more supply will follow on Wednesday with Germany setting its sights on its second syndicated transaction after returning to the format in May, helping it
Italy is launching a new retail product, the BTP Futura, turning to its impressive stock of domestic savings to help finance its recovery. It’s an excellent move, and could be even more valuable to Italy’s
CLEVELAND , June 9, 2020 /PRNewswire/ -- OverDrive , the leading digital reading platform for libraries and schools, today announced the completion of its acquisition by KKR , a leading global investment firm. In December
Opalesque Industry Update - Balbec Capital, LP, a global alternative asset manager with expertise sourcing and investing in bankrupt and insolvent credit, has completed the final close of InSolve Global Credit Fund IV, L.P. (the
North Castle Partners has finalised a strategic investment Sparx Hockey, an equipment developer and manufacturer for ice hockey, skating and sled hockey.
Brookfield Asset Management has made a $260m investment into Superior Plus, through the purchase of newly created perpetual exchangeable Series 1 Preferred Stock.
Cortec Group has sold its remaining equity interest in YETI, a designer and marketer of ice chests and coolers. Cortec acquired YETI in partnership with the company’s founders, Roy and Ryan Seiders, in June 2012.
Kinderhook has acquired Paramount Specialty Pharmacy and PharmBlue Holdings and will combine them with its existing pharmacy companies Long’s Drugs and PharMedQuest. The new merged platform will operate under the name of Avita Pharmacy. Kinderhook
Last week, the Department of Labor provided an information letter to confirm that companies with 401(k) plans can now offer private equity options to their employees. Presently, 401(k) plan fiduciaries do not provide plan participants
From 1 July, the €700bn asset manager will introduce a “unified global investment division”, which will incorporate its entire range of stock-picking, index funds and alternative investments
Z Capital has added Timothy Chiodo to its investment team as a new managing director. Mr. Chiodo will be active sourcing and executing new transactions and portfolio company oversight. Prior to joining ZCG, Mr. Chiodo
Kirdar, 83, was one of the most prominent private equity investors in the Middle East
Hong Kong's Cathay Pacific Airways is planning a HK$11.7bn ($1.5bn) rights issue as part of a multi-billion-dollar government-led recapitalisation.
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