HSBC tells UK staff to stay at home as rivals ramp up return

The UK lender is not following Wall Street rivals on office return.

Arena Investors surges past Covid opportunities fund target to reach $519m final close

Arena Investors has surged past its target for a new special opportunities fund looking to reap returns from Covid-dislocated markets, hauling in $519m for a final close.

Japan’s ORIX Corp buys 70% stake in UK asset manager Gravis Capital Management

Japan's ORIX Corporation has bought a 70% stake in £3bn AUM fund manager Gravis Capital Management.

F1 Payments recapitalised by York Capital Management alongside growth investment

Fintech F1 Payments has picked up a strategic recapitalisation and growth investment from private investment house York Capital Management.

CVC to acquire RiverStone Europe for $750m

The deal with Canada’s Fairfax Financial Holdings to buy the run-off insurance services business is expected to close early next year

JP Morgan credit subsidiary Highbridge Capital adds $2bn of investing power through Covid-inspired fund

JP Morgan investment subsidiary Highbridge Capital Management has another $2bn-plus of investable capital to hand thanks to the final close of its Convertible Dislocation Fund.

Private equity continues to lead pensions' announced private markets commitments; private debt, real estate tumble

Opalesque Industry Update - Public pensions in the United States, United Kingdom and Canada tracked by eVestment continue to favor private equity investments over other private markets investment options, according to the just-released eVestment Private

Debt investment veteran Harris joins Sterling Group as managing director

Houston-based private equity house The Sterling Group has brought in veteran debt investment expert Jenny Harris.

Rapid return to fundraising for JMI Equity as firm seeks up to $1.3bn for biggest vehicle yet

Software-focused private equity house JMI Equity is back in the market with its tenth flagship fundraise, less than two years after hauling in $1.2bn for its predecessor vehicle.

Capstone boosts European fundraising, client origination with Howard hire

Global placement agent Capstone Partners has brought in Tiffany Howard to boost its European fundraising and client origination.

Sovereign Capital buys into business consulting, tech services business Zenitech

UK buy-and-build private equity specialist Sovereign Capital Partners has invested in Zenitech, a strategic business consulting and tech services provider.

Triton takes stake in German office furniture supplier Inwerk

European private equity house Triton has tapped its Smaller Mid-Cap Fund to buy a majority stake in Germany office furniture supplier Inwerk.

Lending, credit and financial planning app Updraft seals £16m equity and debt investment

Lending, credit monitoring and financial planning app Updraft has scored a £16m equity and debt funding round.

Hg taps new $4.85bn Saturn 2 fund to back charitable giving software pioneer Benevity

European software-focused private equity investor Hg has tapped its new $4.85bn Saturn 2 fund to back charitable donation-management and grant-management platform developer Benevity.

DoorDash is set to deliver SoftBank a big hit

Tech-focused Vision Fund poured money into startup in 2018, helping it expand its reach and outpace rivals’ growth

Secondaries specialist Keyhaven seeks €500m for new fund

The firm focuses on the European lower mid-market and considers structured transactions, direct secondaries and partnership deals

New State Capital picks up overstock, closeout bargains specialist KMS

New State Capital Partners has bought into KMS, a wholesale distributor of closeout, overstock, and factory refurbished merchandise.

BC Partners ups aggressive takeover offer for G4S through Gardaworld to £3.68bn

BC Partners has upped its aggressive takeover offer for UK security business G4S to £3.68bn as its ongoing efforts to buy the company continue.

New IR head at Sun Capital as firm brings in ex-hedge fund partner Griffin

Sun Capital Partners has hired Kelly Griffin from hedge fund Caxton Associates as its new head of investor relations.

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.