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Month: September 2020

Bye-bye emerging markets? Pandemic drives private equity exodus

Total dealmaking in emerging markets has nearly halved this year because of Covid-19, with few signs of a potential rebound

Chinese AI cities pioneer Terminus gets Investcorp backing

Alternative investment major Investcorp has backed Chinese AI-controlled city and smart services developer Terminus Technologies.

Down rounds rise as start-ups face tougher fundraising climate

Venture capitalists sought lower prices as pandemic brought uncertainty

Ambienta launches Paris office and bolsters team with two new partners

The firm, which manages €1.5bn in assets, has hired its first female partner to lead the new hub

Surge in megadeals points to M&A recovery as technology sector dominates

Six of the largest 10 deals announced globally during August involved tech sector targets

AMB :- Opalesque Roundup: Hedge funds’ AUM rises to $3.58tn in Q2 2020: hedge fund news, week 36

In the week ending September 4th 2020, hedge fund assets under management (AUM) have risen in the second quarter of 2020, said Preqin. In a Q1 2020 rocked by poor performance and significant investor redemptions,

AMB :- UK: PE/VC returns outperform public markets

Laxman Pai, Opalesque Asia: U.K. private equity and venture capital industries generated 10-year returns of +14.2% in 2019, outperforming the FTSE100 and the FTSE250, which generated returns of +7.4% and +12% respectivel...Article Link

Opalesque Roundup: Hedge funds' AUM rises to $3.58tn in Q2 2020: hedge fund news, week 36

In the week ending September 4th 2020, hedge fund assets under management (AUM) have risen in the second quarter of 2020, said Preqin. In a Q1 2020 rocked by poor performance and significant investor redemptions,

AMW :- Opalesque Roundup: Hedge funds' AUM rises to $3.58tn in Q2 2020: hedge fund news, week 36

In the week ending September 4th 2020, hedge fund assets under management (AUM) have risen in the second quarter of 2020, said Preqin. In a Q1 2020 rocked by poor performance and significant investor redemptions,

H.I.G.’s Circle Graphics Acquires Bay Photo

Circle Graphics, a portfolio company of H.I.G. Capital, has acquired Bay Photo. Bay Photo is a provider of photographic prints and photo finishing services to professional photographers, artists, and other third-party channel partners. The company’s

Argonaut Forms American Cementing, Buys BJ Assets

Argonaut Private Equity has acquired the cementing services business of BJ Services which filed for bankruptcy in July 2020 after failing to reach an agreement with its lenders. Tomball, Texas-based BJ Services is a provider

PSP Adds Jacknob to E.B. Bradley

E.B. Bradley, a portfolio company of PSP Capital Partners, has acquired Jacknob, a provider of bathroom hardware and accessories. PSP, a family-controlled private investment firm founded by former U.S. Secretary of Commerce, Penny Pritzker, acquired

Nordic Capital’s tenth fund debuts with €500m deal

The fund, which has now collected €5.75bn, has acquired 70% of the shares in the Danish software business Siteimprove

Bank of America to incorporate diversity analysis of asset managers

The bank said it has "been getting a huge amount of requests [from clients] for diverse-owned managers"

Spain’s CaixaBank and Bankia in merger talks

The lenders said they are discussing an all-share merger that would create the country’s third-largest bank by assets

Isomer Capital gets €75m anchor commitment for newly-launched Fund II

Isomer Capital has picked up a €75m cornerstone commitment for its newly-launched second fund targeting early-stage tech-focused European venture capital managers.

Afinum acquires instant messaging software Threema

Afinum has acquired Switzerland-based instant messaging software company Threema.

Heal Capital leads series-A for CereGate

Healthcare technology investor Heal Capital has led a series-A funding round for computer-brain-interface specialist CereGate.

Waterland’s Enreach bolts on HeroBase

Enreach – a portfolio company of Waterland Private Equity formed via the merger of Swyx, Voiceworks and Centile Telecom Applications in 2018 – has acquired Denmark-based cloud contact centre software company HeroBase.

Silver Lake in talks for $1bn Reliance Retail investment to value company at $57bn – report

Tech-focused private equity giant Silver Lake is reportedly in talks for a $1bn investment in the retail arm of India's Reliance Industries.

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