Finance companies criticised over ‘worryingly’ low awareness of modern slavery

Among senior employees, 39% don't believe modern slavery exists in the UK

Carlyle hires ex-FRC chair to lead UK buyout and European healthcare investments

Simon Dingemans, former CFO at GlaxoSmithKline, joins the private equity firm as a managing director

Onex Corporation taps Fund V to increase stake in Emerald

Onex Corporation has tapped its $7.2bn Fund V to participate in a $400m preferred equity sale of Emerald Holding, a business-to-business trade show operator.

TPG and L Catterton latest PE firms to invest in Jio Platforms

The firms join KKR, General Atlantic and Vista Equity Partners as investors in the Indian telecommunications giant

PE industry fails to take climate change seriously, say investors

More than three-quarters of LPs based in Asia-Pacific, 65% of investors in Europe and 47% in North America hold this view

AMB :- Captrust buys $1.6bn Lakeside Wealth Management

Laxman Pai, Opalesque Asia: Captrust Financial Advisors, an independent registered investment advisor, has added Chesterton, Indiana-based Lakeside Wealth Management, a wealth management firm with $1.6 billion in assets ...Article Link

Crisis Talk – John Hempton, CIO of Bronte Capital: ‘good things happen to bad people’

John Hempton, the Australian short seller and self-styled eccentric, believes fraudulent companies will soon become evident in the corporate rubble left by the coronavirus pandemic. Hempton, who has bet against 1,100 companies over the course

Incline Builds B2B Service Brands Platform

LYNX Franchising, a portfolio company of Incline Equity Partners, has acquired FRSTeam, a provider of disaster recovery services. FRSTeam (Fabric Restoration Service Team) specializes in the restoration of clothing and textiles damaged by smoke, fire,

Wellspring’s New Platform Builds Platforms

Wellspring Capital has acquired Steele Solutions, a supplier of structural steel systems used in distribution, fulfillment, and sortation centers. Steele Solutions (SSI) designs and fabricates superstructures, mezzanines, elevated work platforms, equipment platforms, stair towers, catwalks,

Matrix Partners China collects $750m for sixth flagship fundraise

Venture capital house Matrix Partners China has hauled in at least $750m for its latest fundraise.

Baring Vostok, RTP Global to exit 2GIS

Baring Vostok and RTP Global are fully exiting 2GIS, a Russian provider of mapping services, to state-run lender Sberbank and O2O Holding, a joint venture of Sberbank and internet company Mail.ru Group.

Zurich-based private equity firm Evoco races towards €150m Fund III target through first close

Zürich-based private equity house Evoco is almost two-thirds of the way to its €150m target for Fund III through a first close.

Searchlight buys majority stake in UK’s second-largest independent insurance intermediary, Global Risk Partners

The UK's second-largest independent insurance intermediary Global Risk Partners has picked up backing from Searchlight Capital Partners through a majority stake buy.

Swedish institutions to target coronavirus-hit businesses with new SEK3.5bn investment company

Swedish pension fund AMF, bank SEB and foundation-backed asset manager FAM have launched an SEK3.5bn investment company to back Swedish businesses struggling to make it through the coronavirus crisis.

Software development platform Postman hits $2bn valuation through Insight Partners-led round

API development platform Postman has soared to a $2bn valuation thanks to a Series C investment round led by private equity and venture capital firm Insight Partners.

Water Street, JLL team up again to buy Swiss biotech, medtech contract research, development business Solvias

Swiss contract research, development and manufacturing specialist Solvias has been bought by JLL Partners and Water Street Partners.

Digital workplace comms, workflow service Spike gets Insight Partners backing

Digital workplace communications and workflow tool provider Spike has picked up backing from Insight Partners amid the launch of a new suite of offerings.

Other Voices: ESMA takes aim at fund costs

Commentary from INDOS Financial The thorny issue of fund costs and charges has been hotly contested by EU regulators for a number of years now amid concerns that investors were being disadvantaged. This focus continues

People moves in brief

NatWest Markets names CEO and CFO — Natixis appoints new managers for UK and Middle East — Barclays' private capital markets boss leaves

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