1. Home
  2. Coronavirus

Category: Coronavirus

Golding races to €200m private debt fund first close amid growing coronavirus financing opportunities

Golding Capital Partners has picked up €200m for the first close of a new debt fund as it looks to back struggling companies battered by the coronavirus pandemic.

Helios picks up CDC commitment for latest pan-Africa fund, said to eye up to $1.25bn

Pan-African private equity house Helios Investment Partners has picked up a $100m commitment for its fourth pan-African fund as it eyes a reported $1.25bn for the vehicle.

Indies Capital sees post-Covid investment opportunities amid $100m Fund III first close

Singapore-based asset manager Indies Capital Partners has hit a $100m first close for its third private equity and structured credit fundraise.

Bain Capital’s Virgin Australia buyout under fire from bondholders pushing to make own offer

Bain Capital's agreed buyout of coronavirus-stricken airline Virgin Australia could be under threat by bondholders attempting to make their own offer to creditors.

Facebook co-founder Saverin’s B Capital strikes $820m final close for second fundraise

B Capital, a venture capital firm launched by Facebook co-founder Eduardo Saverin, has hauled in $820m for the final close of its second fundraise.

Private equity dealmaking suffers big weekly drop as Covid-19 continues to weigh on negotiations

Global private equity dealmaking slumped 14.5% in the last week of June as the ongoing Covid-19 pandemic continues to weigh on transactions across the world's markets.

Priveq closes SEK2.5bn Fund VI launched amid worst of coronavirus

European private equity investor Priveq has hit a SEK2.5bn ($270m) final close for its sixth flagship fund, raised entirely during the worst of the coronavirus crisis.

Angelo Gordon surges to $1.5bn hard cap for third Europe RE fund, almost double size of Fund II

Angelo Gordon & Co has hauled in more than $1.5bn for the hard cap close of its latest European real estate fund.

‘More realism’ needed in private equity as coronavirus crisis looks set to change industry

More realism, longer holding periods and an advantage for investors with long-term focus are all structural changes expected to impact the private equity industry in the wake of the coronavirus crisis, a new survey suggests.

Bright Network highlights need to help ‘Corona Class’ of graduates amid investment from Maven Capital, Seneca Partners

UK private equity house Maven Capital Partners has led a further investment in Bright Network, a media technology recruitment platform aiming to connect employers with graduate workers.

Huge confidence from insurers that asset managers can navigate coronavirus crisis – State Street survey

Asset managers have been given a massive vote of confidence from insurers, with the vast majority confident their investment managers can navigate the current financial crisis caused by COVID-19, new research reveals.

Rash of hefty private equity Jio investments masks crushing impact of coronavirus on Indian PE, VC market

A rash of big-money private equity investments in Indian telecom operator Reliance Jio have seen India's PE and VC deal figures in H1 outdo results from the same period last year despite the crushing impact

Cinven emerges as latest Serie A stake bidder after CVC deal valuing it at €10bn falls through – report

Cinven has emerged as the latest private equity player interested in taking a slice of Italy's top football league, Serie A, in the wake of a reported CVC investment valuing the business at €10bn fell

PE-backed Cirque du Soleil files for bankruptcy protection, cuts 3,500 jobs as Covid-19 lays business low

The coronavirus crisis has pushed the world-famous Cirque du Soleil into bankruptcy protection, with the private equity-backed business set to slash 3,500 jobs.

Unigestion hauls in capital for two new private equity funds as it eyes Covid-19 deal opportunities

Asset manager Unigestion has picked up more than €600m of new capital across interim closes for a pair of private equity fundraises.

Warburg reinvests in Wex amid company legal battle over planned $1.7bn eNett, Optal buyout

Warburg Pincus has made a $400m investment in New York-listed payments provider Wex as the company looks to bolster its balance sheet amid the Covid-19 pandemic.

‘Crippling financial impact’ of Covid-19 puts PE-backed swimsuit maker Seafolly into administration

L Catterton-backed swimsuit maker Seafolly has fallen into administration due to the "crippling financial impact" of the coronavirus crisis.

Andera Partners beats €500m hard cap for fourth mezzanine fundraise despite coronavirus crisis

French investment house Andera Partners has beaten its €500m hard cap for the final close of its fourth mezzanine fundraise.

Bain Capital triumphs over PE competitors in bid to buy coronavirus-stricken Virgin Australia

The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.

Private equity firms need to get creative with deal sourcing amid coronavirus – and here’s how

Deal sourcing intelligence business Sutton Place Strategies explains how private equity firms can get strategic, efficient, and creative with their deal sourcing in the teeth of the coronavirus crisis.

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.