Arlington Capital Partners has acquired J&J Worldwide Services. This buy is Arlington’s fourth investment for its fifth fund which closed in June 2019 with $1.7 billion of capital. Austin-based J&J Worldwide Services is an outsourced
Sonoma Brands has acquired Chef’s Cut Real Jerky. This buy follows Sonoma’s May acquisition of jerky maker KRAVE Pure Foods from Amplify Snack Brands, a business unit of The Hershey Company. Chef’s Cut’s product line
KKR has partnered with William “Dan” Daniel to seek and acquire industrial business headquartered in the United States. Mr. Daniel was the executive vice president of Danaher from 2008 through March 2020. Danaher designs, manufactures
Levine Leichtman Capital Partners (LLCP) has announced a management succession plan that names Matthew Frankel and Michael Weinberg as managing partners. LLCP was founded in 1984 and its co-founders – Arthur Levine and Lauren Leichtman
Japanese duo Mizuho and Nomura both hit the market with new issues on Monday as the primary market re-opened on a positive note following the July 4 holiday weekend.
Credit Suisse has made a handful of senior changes to its financing group in Asia Pacific.
Laxman Pai, Opalesque Asia: The COVID-19 pandemic had relatively little effect on Q1 activity, not impacting European or North American countries until the end of the quarter, said Preqin. However, the slowdown was very...Article Link
Laxman Pai, Opalesque Asia: Private equity partnership fees and terms for funds in the market in 2018 and 2019 were highly uniform, indicating managers had significant bargaining power, according to a study by Callan. Mo...Article
Philip Hertlein, the former head of SSA origination and syndication at LBBW, has joined BNP Paribas’s public sector debt capital markets desk.
Following the sale of its third syndication of the year this week — a €3bn inflation-linked bond — France does not expect to bring any more public benchmarks in 2020.
A European Union recovery fund proposal is expected to be presented to a summit of European leaders on July 17-18. Its size is to remain unchanged from a proposed €500bn of grants and €250bn of
Bohai Bank wrapped up a billion-dollar-plus Hong Kong IPO this week. The issuer, one of China’s last remaining joint-stock commercial banks to go public, rode the tail end of a hot period for the city’s
Bitė, a mobile, broadband and pay-TV firm in the Baltic region, and a portfolio company of Providence Private Equity, priced a dividend recap and refinancing of its whole capital structure this week, funded by a
High yield bond issuance is coming thick and fast in Europe, with primary supply not limited to straightforward Covid-proof credits, but also coming from highly levered firms feeling the pinch of the pandemic restrictions.
Private equity firms with stakes in the US healthcare industry could have managed to tap into federal bailout money designed to give small businesses a lifeline through the pandemic. A new data dump of data
The European Leveraged Finance Association has called for better transparency in high yield covenant packages, arguing that clarity is crucial for pricing risk. The call comes soon after one of the largest covenant climb-downs in
Axiom Alternative Investments has launched a new long/short global high yield fund, following the hire of Gilles Frisch as a portfolio manager last year, targeting the opportunities that will come through at the end of
The interim chief executive at the Financial Conduct Association wants to start a dialogue about how to protect the investment fund management industry in the coronavirus aftermath. Christopher Woolard spoke during a webinar hosted by
