Sycamore emerges as potential JC Penney saviour, a month after backing out of Victoria’s Secret buyout

Sycamore Partners is reportedly in talks to buy US department store chain JC Penney out of bankruptcy, just a month after backing out of an agreed buyout of troubled fellow retailer Victoria's Secret.

Cyprus and EFSF line up Tuesday deals

Cyprus will return to the market with a pair of taps on Tuesday, hitting screens alongside the European Financial Stability Facility’s new five year line, providing an excellent opportunity to compare Cyprus’s cost of funds

Kinderhook Acquires Original One Parts

Kinderhook Industries has acquired Original One Auto Parts. This acquisition is the firm’s 86th acquisition in the automotive aftermarket. Dallas-headquartered Original One Parts is a provider of recycled, refinished, and certified original equipment manufacturer auto parts

Francisco Closes On $10 Billion

Francisco Partners has held a final closing of three funds, two equity funds and one credit fund, with an aggregate $10 billion of capital. The three new funds are Francisco Partners VI LP with $7.45

Raymond James Expands Investment Banking Team

Raymond James has added Andy Schwartz to its investment banking team as a managing director and co-head of its newly formed commercial and industrial services sector team. Mr. Schwartz has long been active in the

Value Creation in Private Equity

Posted by Markus Biesinger (EBRD), Çağatay Bircan (EBRD), and Alexander Ljungqvist (Stockholm School of Economics), on Friday, June 5, 2020 Editor's Note: Markus Biesinger is Associate, Private Equity at the European Bank for Reconstruction and

Novo Ventures leads $55m series-B round for NodThera

Novo Ventures has led a $55m series-B financing round for NodThera, a UK- and US-based clinical stage biotechnology company.

US Labor department allows private equity in 401(k) plans

Firms hope the guidance reduces fears of litigation over investing in private markets

MiddleGround Builds Specialty Metals Platform

MiddleGround Capital has completed the acquisition of Supra Alloys and EDGE International from Titan Metal Fabricators. Post-closing, the two businesses will be combined with Banner Industries, a processor and distributor of metal bar products that

H.I.G. Invests in Specialty Chemical Maker

H.I.G. Capital has made an investment in USALCO, a provider of specialty chemicals. The investment in USALCO is H.I.G.’s tenth current platform in the chemical sector. USALCO (United States Aluminate Company) is a manufacturer of

Mike Kay Joins Angeles Equity

Angeles Equity Partners has added Mike Kay to its team as a new operating partner. Mr. Kay has experience across multiple industrial sectors, including automotive, aerospace and defense. Before joining Angeles Equity, Mr. Kay was

KKR Raises $4 Billion for Special Credit Opportunities

KKR has raised $4 billion in new capital to invest in credit opportunities created by the recent market volatility. The new capital includes $2.8 billion through its KKR Dislocation Opportunities Fund LP and just over

AEA Closes Seventh Pexco Add-On

Pexco, a specialty plastics extruder and a portfolio company of AEA Investors, has acquired Exlon Extrusion. Exlon is an extruder of plastic tubing with a specialization in high-performance polymer products including custom and proprietary lines

Navigating Down-Round Financings

Posted by Steve Bochner, Amy Simmerman and Becki DeGraw, Wilson Sonsini Goodrich & Rosati, on Tuesday, May 12, 2020 Editor's Note: Steve Bochner, Amy Simmerman and Becki DeGraw are partners at Wilson Sonsini Goodrich &

ESMA supports supervision of green bond raters

Steven Maijoor, chair of the European Securities and Markets Authority, has said EU legislation covering green bond reviewers would help ensure the legitimacy of the proposed Green Bond Standard.

Meet the Platform: EU green finance watchdog

The European Union’s formation of its Platform on Sustainable Finance last week marks a new phase in responsible investing. Over the past four years or so, the most influential thinkers in the market, such as

Meet the Platform: new face of EU sustainable finance

The European Union’s formation of its Platform on Sustainable Finance last week marks a new phase in responsible investing. Over the past four years or so, the most influential thinkers in the market, such as

Issa no problem: Asda buyout vaults brothers to top of levfin borrower table

Friday’s confirmation that the Issa brothers, backed by TDR Capital, had won the auction for UK supermarket Asda, catapulted them into the super league of borrowers in European leveraged credit — the handful of entrepreneurs

Climate case against Australia could force issuers into new risk disclosures

The case of O’Donnell versus the Australian Commonwealth, if successful, could force all issuers seeking to make use of the Australian bond market to make thorough disclosures of their climate strategy.

Axis Bank eyes Rp100bn from share placement

Indian private sector lender Axis Bank is set to price a qualified institutional placement worth up to Rp100bn ($1.34bn).

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.