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Month: February 2021

Investors snap up Cogo's 5yr bond

Investors were eager to buy into investment grade rated property developer China Overseas Grand Oceans Group's (Cogo) latest dollar bond, pumping in $4.6bn of orders for the $512m trade.

Far East Horizon goes big in CNH comeback

Chinese financial leasing company Far East Horizon returned to the offshore renminbi (CNH) bond market on Tuesday for its largest deal in the currency.

China Industrial Securities bags $300m

China Industrial Securities Co priced its $300m bond at a tighter level than expected due to support from its hefty syndicate team, defying concerns even among some of the banks on the transaction whether the

Lippo Malls sells $200m trade

Lippo Malls Indonesia Retail Trust printed a $200m bond on Tuesday, with investors largely brushing off concerns about the hit to the borrower's business during the pandemic.

WuXi Bio, InnoCare tap equity investors for HK$16bn

Chinese biopharmaceutical duo WuXi Biologics (Cayman) and InnoCare Pharma raised a combined HK$16.2bn ($2.1bn) on Tuesday from selling new stock.

Nomura posts record investment banking results

Nomura said that net revenues in its investment banking business for the last three months of 2020 were the highest in nine years. Yet while it was a good quarter overall for the firm's wholesale

PE firms vie to buy G4S amid concerns from officials, unions

Warburg Pincus and BC Partners are jockeying for the one of the world’s biggest security services provider, raising concerns about workers’ rights

Apollo’s earnings climb despite Epstein-related turmoil

The test will be whether Leon Black’s recently announced decision to cede the CEO role will put to rest any investor concerns

VCs in €28m round for eGym

VCs including Bayern Kapital have backed a €28m funding round for Germany-headquartered fitness equipment startup eGym.

City of London pledges action plan to deal with racism

Recommendations should be completed within two years

JB Capital sells Vitaldent Italia to BC Partners' DentalPro

JB Capital Markets has sold dental clinics business Vitaldent Italia to BC Partners-backed DentalPro.

Raveev Amara’s Arcline Investment Management continues striking start with $2.75bn Fund II close

Arcline Investment Management has continued its striking entry into the private equity market by hauling in $2.75bn for its second fund - just two years after its impressive $1.5bn debut fundraise.

Huge LP re-up rate sees Blue Sea Capital surge to $430m Fund II close

A powerful re-up rate from existing backers has seen Blue Sea Capital surge to a $430m final close for its second fundraise.

Borromin announces 3.1x, 37% IRR gross return on Fund III

Frankfurt am Main-headquartered Borromin Capital (formerly known has Steadfast Capital) has announced that it has generated gross returns of 3.1x invested capital and a gross IRR of 37% for Borromin Capital Fund III.

Vendis acquires Dutch company Ecostyle

Private equity firm Vendis Capital has acquired Ecostyle, a Dutch retailer of sustainable garden care products.

Storied buyout house Kohlberg & Co navigates Covid to raise hefty $3.4bn for Fund IX

Veteran private equity house Kohlberg & Company has soared to a $3.4bn final close for its ninth flagship fundraise.

Abingworth Bioventures 8 closes on $465m

Abingworth has held a final close for its new life sciences fund, Abingworth Bioventures 8 (ABV 8), on its $465m hard-cap, exceeding its $375m target.

Sale-leaseback private real estate investment specialist LCN strikes $1.35bn close across third fund family

LCN Capital Partners has raised more than $1.35bn of commitments across a pair of new private real estate sale-leaseback funds.

New Harbor Capital races to $362m hard cap close for third flagship fundraise

New Harbor Capital has reached a $362m hard cap close for its third investment fund after just over three months in the market.

Harwood takes stake in PLT alongside Firmament

Harwood Private Capital has invested in Principal Logistics Technologies (PLT), a warehouse management system software company, alongside The Firmament Group.

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