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Month: October 2020

Bain Capital Credit teams with Open Road Capital for vehicle dealership long-term investment strategy

Bain Capital Credit has teamed with Open Road Capital in a strategic partnership to make long-term equity investments in automobile, heavy truck, recreational vehicle and heavy equipment dealerships and other transportation companies.

Venture capital backers help pioneering Indian crypto exchange to $5m Series A round

Unocoin, which claims to be India’s first cryptocurrency exchange, has closed its Series A round on $55m.

Pictet unveils debut tech-themed private equity fund

New strategy aims to invest $300m over four years

Z Capital seals pair of new hires to boost credit team investment power

Private equity and credit investment specialist Z Capital Group has brought in Egidio Carlino as a director alongside hiring a new senior associate.

Pennsylvania Public School Employees’ Retirement System reveals trio of new private equity commitments

The $55.8bn-managing Pennsylvania Public School Employees' Retirement System has picked a trio of private equity funds in its latest round of commitments.

Amanda Staveley slashes £1.6bn claim against Barclays to £660m

Closing arguments in the high-profile court case are taking place this week

Blackstone-backed Finance of America is set for IPO

Lender to go public with a $1.9bn valuation by merging with blank-check firm Replay Acquisition

Europe-based buyout firms bet big on impact investing

The sector has gone from a niche discipline just a few years ago to a $715bn market globally

Level 20 will map ethnic diversity in private equity for the first time

Currently, there is no reliable data on the industry’s racial diversity as firms’ efforts have mostly concentrated on improving gender balance

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