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Month: February 2021

Ex-Uber, NEA senior execs strike $140m final close for debut Construct Capital fund

Former NEA partner Dayna Grayson and ex-Uber executive Rachel Holt have hauled in $140m for the final close of their debut Construct Capital venture fund.

Industrifonden leads €4.6m extended series-A for EnginZyme

Industrifonden has led a €4.6m series-A extension for Stockholm-based biotech startup EnginZyme.

Video: Healthcare Sector Focus virtual event

Expert speakers joined our first Private Markets+ live event last week to discuss the short-term impacts of Covid-19, as well as the longer-term effect on traditional healthcare infrastructure.

Jared Kushner’s brother Joshua closes $2bn for latest Thrive Capital fundraises

Thrive Capital, the venture capital firm led by Jared Kushner's brother Joshua, has raised $2bn across a pair of new funds.

That’s Asda priced

The financing for the Issa brothers and TDR Capital’s buyout of Asda was priced on Wednesday, breaking multiple records in the process and showing that, for the right issuer in the right conditions, the sterling

Stark leans on pandemic proof to sell CVC buyout loan

Stark Group’s strong performance amid the pandemic is a crucial selling point for investors looking at buying the €1.35bn loan to fund its purchase by CVC, which agreed to buy the firm from Lone Star

Spain EUR5bn 1.45% Oct 71

Spain adopts moderate pricing approach to seal record 50 year

Unlike its last syndication in January, when Spain lost over €75bn of orders after an aggressive move in pricing, the sovereign took a more cautious approach on its return to the public market this week

Cancelling ECB holdings is the radicalism we need

Thomas Piketty and 100 economists from across Europe put their signatures to an op-ed this week calling for the ECB to cancel its holdings of government debt. ECB president Christine Lagarde said such a move

European inflation sizzle set to fizzle

Eurozone inflation leapt up in January, steepening curves and fuelling feverish demand for long-end bond issues. But the move lacks the vigour and commitment of the US reflation trade and economists expect it to subside

UBP creates two new convertibles strategies

Convertible bonds are continuing to attract more mainstream attention, following dramatic outperformance of the asset class over the past year. This is driving new investors to the market.

Apollo exits Watches of Switzerland via £143m block

Apollo Global Management has exited Watches of Switzerland, the UK luxury watch retailer, having sold the last of its shares via an accelerated bookbuild.

Netflix rival NENT raises $523m for expansion

Nordic Entertainment Group (NENT), a Swedish entertainment company that operates video streaming and television services, completed a Skr4.35bn ($523m) capital raise on Wednesday evening and attracted enough investor demand to price a larger deal than

IPO candidate IVC Evidensia gets private funding

IVC Evidensia, Europe’s largest veterinary care provider, backed by Swedish private equity firm EQT, has announced the results of a private equity capital raising on Tuesday. The company was reported to be considering a London

JP Morgan issues new synthetic Siemens EB

US banking group JP Morgan has sold a new three-year €390m synthetic bond exchangeable into shares in Siemens, the German industrial conglomerate.

ECB debt forgiveness would unleash chaos

Calls for the European Central Bank to forgive the sovereign debt on its balance sheet may seem harmless, given that most countries are not expected to ever pay off the debt. But such a move

Green equity issuance ready to come of age

Renewable energy companies have rushed to the European equity capital markets in 2021 to issue about $2.3bn of paper, according to Dealogic data. The figure is by far the best ever start to a year

KKR to Present at the Credit Suisse 22nd Annual Financial Services Forum 2021

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert Lewin, Chief Financial Officer, will present at the Credit Suisse 22nd Annual Financial Services Forum 2021 on Thursday, February 25, 2021 at

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