1. Home
  2. Blogs for September, 2020

Month: September 2020

SoftBank carries on its divestiture spree and sells Brightstar to a PE firm

The Japanese tech-investment conglomerate sold the US-based wireless services unit to Brightstar Capital Partners, a private equity firm founded by a former Brightstar executive

Travelport owners and lenders settle $1bn debt dispute

The settlement cools tensions between UK-based Travelport's top lenders and its private equity backers Elliott and Siris Capital Group

BlackRock will never bring all staff back to the office, says chief Larry Fink

The executive says he still doesn't know what working from home is doing to BlackRock's culture

Blackstone, Fairfax inject $500m into Lloyd’s move to AI

The algorithm will allow brokers to reduce the amount of time taken to place their follow capacity

AMB :- Global hedge funds record their best five-month performance of 12.85%

Laxman Pai, Opalesque Asia: The Eurekahedge Hedge Fund Index was up 1.85% in August, bringing its year-to-date return to 3.79% and its five-month trailing return to 12.85% since end-March. "Global hedge funds record...Article Link

KKR Acquires Industrial Distribution Property in Phoenix

Core Plus Real Estate Strategy Adds Third Industrial Asset to Portfolio NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the acquisition of an industrial distribution property in Phoenix, Arizona for a purchase

Barclays traders sent home in London after testing positive for Covid

A memo to staff said: 'Anyone who interacted with the affected individuals was notified and advised to self-quarantine for 14 days'

Clearlake Capital co-founder gives $20m to Princeton University

Earlier this year, the US-based firm closed on more than $7bn for its latest buyout fund Toggle

Egypt’s EFG Hermes sells UK solar assets for £500m

The sale of Vortex III, a UK solar energy portfolio, generated a 1.5x cash-on-cash multiple and an internal rate of return of around 14%, the investment bank said

LGT Lightstone leads €144m round for Infarm

LGT Lightstone has led a €144m series-C funding round for Germany-headquartered urban farming startup Infarm.

Kahoot! acquires VC-backed Actimo

Kahoot!, a Norwegian games-based education platform, has wholly acquired Actimo, a Danish mobile workspace developer for remote employees that is backed by venture capital investors including Promentum Equity Partners.

Global economic recovery may take at least five years, World Bank’s Reinhart says

'Everything depends' on when a vaccine gets approved and how long it takes to be given to people

PE players await DACH carve-outs uptick

With corporates under pressure due to the coronavirus pandemic, opportunities are likely to open up for sponsors interested in carve-outs. Harriet Matthews reports on the opportunities and challenges for GPs looking to invest in the

LT Capital acquires Global Partner

LT Capital has acquired France-based IT consultancy Global Partner.

KKR passes $11bn for fourth flagship Asia fundraise, could raise $12.5bn – report

KKR has hauled in more than $11bn through the first close of its latest mammoth Asia private equity fund, putting it well on the way to its target, Reuters reports.

Quadrivio’s 120% Lino buys Rosantica

Quadrivio-backed 120% Lino has acquired a 60% stake in Italian fashion accessories specialist Rosantica.

Clearlake Capital buys insurance SaaS specialist Zywave from Aurora Capital Partners

Clearlake Capital Group has agreed to buy front office insurance software-as-a-service business Zywave from Aurora Capital Partners.

UBS loans bikes to staff to encourage client meet-ups

The Swiss bank has 10 new Brompton bikes available to bankers to attend client meetings in London in a bid to minimise time employees spend on public transport

Novo, Sanofi lead $83m round for Lava Therapeutics

Novo Ventures and Sanofi Ventures, the venture arms of pharmaceutical companies Novo Nordisk and Sanofi respectively, have led a $83m series-C round for Netherlands-based T-cell cancer therapy company Lava Therapeutics.

Nauta Capital leads €4.7m series-A round for HappySignals

UK-based venture capital investor Nauta Capital has led a €4.7m series-A funding round for HappySignals, a Helsinki-based developer of an employee engagement platform.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.