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Month: October 2020

PE-backed Chrysaor takes over Premier Oil

Harbour Energy, the private equity-owned group led by former Royal Dutch Shell exec Linda Cook, has already turned Chrysaor into the largest oil and gas producer in the UK North Sea

FTV Capital hopes to profit from Colombia’s US outsourcing boom with Lean Staffing Solutions deal

Colombian Transportation and logistics outsourcing services provider Lean Staffing Solutions has picked up a $42.5m minority growth investment from FTV Capital.

DialPad hits $1.2bn valuation thanks to VC round, Covid-19 demand rise

AI-powered cloud business phone and contact center provider Dialpad has hit a $1.2bn valuation thanks to a new round of venture capital investment.

Ex-Sun Capital pair hoping to save struggling companies with new private equity firm Navaid Equity

A pair of former Sun Capital managing directors have launched a new private equity house looking to back businesses struggling under turbulent financial and operational conditions.

Education loan startup Knoma grabs £21m debt, equity investment round

UK-based education loan platform Knoma has reportedly raised £21m in a funding round comprised of both debt and equity.

String of venture capital firms line up to back retirement planning company Lendtable

Retirement planning company Lendtable has secured $3.5m in a seed funding round to support its continued development.

VC houses help banking data, analytics platform Fligoo to $40m investment round

Data and analytics platform for banks Fligoo has reportedly secured $40m in a funding round that will help it enter Brazil.

Meet the only Black, female, head of a public real estate company

Leslie Hale, a Harvard graduate who worked at Goldman Sachs and GE Capital, has led RLJ Lodging Trust for two years

Jean Pisani-Ferry on Europe’s recovery gamble

If the European Union's new recovery program succeeds, it may ultimately pave the way for the establishment of a fiscal union. But if the EU funds fail to deliver on the plan's stated goals, federal

Life sciences investor Catalio Capital strikes $100m hard for for second venture capital fundraise

Life sciences investor Catalio Capital Management has hit the $100m hard cap for its second venture capital fundraise.

Lincolnshire Management taps into $23bn global power supply market with Schumacher Electric investment

US private equity house Lincolnshire Management has backed power supply conversion product business Schumacher Electric Corporation.

Coronavirus hits global LBO performance

Opalesque Industry Update - eFront, the financial software and solutions provider dedicated to Alternative Investments, has published its latest Quarterly Private Equity Performance report, showing that after a long period of benign market conditions and

Swiss boutique Quaero Capital hires manager for new Global Convertible Bonds strategy

Opalesque Industry Update - Geneva-based specialist asset manager Quaero Capital has hired Eric Daniel as Fund Manager. Supported by two dedicated analysts, he is in charge of managing the Global Convertible Bonds strategy launched in

Hedge funds have maintained their strong performance since end-March supported by equity market recovery

Opalesque Industry Update - Hedge fund managers ended August 2020 up 2.02% on an equal-weighted basis, and 1.43% on an asset-weighted basis, driven by the strong performance of the global equity market as seen from

KKR Releases “The New Normal”

New Report Delves into COVID-19’s Potential Long-Term Impact on U.S. Cities and Consumers NEW YORK--(BUSINESS WIRE)-- KKR today announced the release of a new KKR Viewpoints publication authored by Paula Campbell Roberts. In The New

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