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Month: August 2020

Why the massive explosion in Beirut will deepen Lebanon’s financial nightmare

At least 100 people died in the blast, and 4,000 others were injured after thousands of tons of ammonium nitrate stored by the government in a warehouse ignited

Calpers’ investment chief Ben Meng to step down

CIO set out to implement a reform agenda

WM Partners to tap collagen supplement investment experience with Great Lakes Gelatin buyout

Health and wellness-focused private equity house WM Partners has tapped its sophomore fund for the second time to buy into Great Lakes Gelatin Company.

ICG begins marketing its second recovery fund

Intermediate Capital Group joins other firms raising cash to invest in opportunities in pandemic-related disruptions

Ares Management raises $5bn for private equity funds

The Los Angeles-based asset manager is on track to collect at least $30bn this year despite disruptions from the coronavirus pandemic

AMB :- 70 institutional investors with $16tn assets develop framework for net-zero investing

Laxman Pai, Opalesque Asia: Some 70 investors with $16 trillion in assets have developed recommendations for investing sustainably in major asset classes that seek to limit the rise in global temperatures to less than 1....Article

Blackstone acquires family history company Ancestry in $4.7bn deal

Private equity giant Blackstone has acquired family history and genomics company Ancestry in a deal worth $4.7bn.

Black Bay Energy enters the fundraising market for sophomore vehicle

Black Bay Energy Capital, which targets the North America oilfield industry, is looking to raise its sophomore fund.

Transom Hits Grand Slam

After a mere 14-month hold, Transom Capital has sold its portfolio company Pelco to Motorola Solutions. Pelco is a designer, developer and manufacturer of video security products including video security cameras, video management and recording

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