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Month: September 2020

CD&R hauls in about $12bn for its biggest buyout fund yet

Private equity major Clayton Dubilier & Rice is within touching distance of its $13bn goal for its biggest-ever buyout fundraise.

Sagard launches new European small-cap fund targeting healthcare, tech deals

Alternative asset manager Sagard Holdings has launched a new European small-cap fund focused on the healthcare and technology sectors.

PE-backed e-commerce platform Allegro prepares IPO

The Polish company is owned by private equity groups Permira, Cinven and Mid Europa Partners

Pandemic-resilient Chinese healthcare companies in Investcorp’s sights with launch of new platform

Alternative investment major Investcorp has launched a new platform dedicated to backing Chinese healthcare companies.

Nvidia to buy SoftBank chip unit

The Japanese technology conglomerate is nearing another big asset sale — of Arm Holdings to Nvidia — that would create a chip-industry powerhouse

Private equity trio prepare to profit from what could be Poland’s biggest IPO

A private equity bet on Polish e-commerce retailer Allegro is set to pay off handsomely after the company said it was eyeing a valuation of up to €12bn through an IPO.

Winter is coming: Can private equity keep restaurants warm?

Covid-19 has upended the restaurant business, but out of crisis will come dramatic changes

Clayton Dubilier & Rice collects nearly $12bn so far for new buyout fund

The veteran buyout firm’s latest flagship fund already exceeds the $10bn the firm raised for its prior fund in 2017

Pandemic drives VC investments in e-bikes

Deloitte estimated that the number of e-bikes in circulation worldwide should reach 300 million by 2023 – a 50% increase compared with 2019’s 200 million

Banks try to keep juniors happy amid the pandemic with 15% ‘surprise’ bonus

While first-year analysts received an average bonus increase of 15% this year, those in their second year in the industry saw payments drop by around 6%

‘It’s still too easy to launder money in London’

While a flexible, pro-business approach has helped build the City’s stature, 'in some areas that’s gone too far', says top law enforcer

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