1. Home
  2. Distressed

Category: Distressed

Hedge funds record strongest H1 return since 2009 led by event driven, long short equities and distressed debt hedge funds

Opalesque Industry Update - Hedge fund managers ended the month of June up 0.25% on an equal-weighted basis, and down 0.90% on an asset-weighted basis, said Eurekahedge. The progressive relaxation of Covid-related mobility restrictions in…

Maven Capital: how one Scottish firm is offering a helping hand to SMEs during the pandemic

Britain’s SMEs have been thrown off course by the coronavirus crisis. Here, Bill Nixon explains how his Glasgow-based Maven Capital is enabling them to get back on track.

Warren Targets Gas Detector Sector

Integrated Facility Solutions (IFS), a portfolio company of Warren Equity, has acquired Multigas Detection. The buy of Multigas was made through Concept Controls, a subsidiary of IFS. Multigas distributes, services, calibrates, and maintains fixed gas…

Z Capital Sells Premier Thermal to Aalberts

Z Capital Partners has agreed to sell Premier Thermal Solutions, a provider of metal heat treating and processing services, to Aalberts NV. In March 2017, Z Capital acquired Atmosphere Annealing LLC and NitroSteel LLC –…

European buyout industry bounces back to pre-crisis levels

The European private equity market surpassed 2019 activity levels in the 12 months from July 2020, with 791 deals valued at €116.6bn

Retail specialist True launches £275m third fund in wake of online shopping boom at portfolio businesses

Retail and consumer specialist True has launched its £275m third investment fund as its investments in online sellers pay dividends amid the Covid-19 crisis. The post Retail specialist True launches £275m third fund in wake…

The return of the mega-buyout

Club deals fell out of favour after the financial crisis. Now private equity groups are teaming up once again as they race to deploy record mountains of cash

Vauban lauds infra fundamentals amid Covid-19, seals €2.5bn Fund III close

Vauban Infrastructure Partners has hit a €2.5bn hard cap close for its third core infrastructure fund, saying the sector's fundamentals remain strong despite the Covid-19 crisis. The post Vauban lauds infra fundamentals amid Covid-19, seals…

Houlihan Lokey Adds TMT Pro

Houlihan Lokey has announced the hiring of Walid Khiari as a managing director in its technology, media, and telecom (TMT) group. Mr. Khiari joins the firm after serving as a managing director in the technology…

Houlihan Lokey Adds TMT Pro

Houlihan Lokey has announced the hiring of Walid Khiari as a managing director in its technology, media, and telecom (TMT) group. Mr. Khiari joins the firm after serving as a managing director in the technology…

Platinum Sews Up Singer

Platinum Equity has agreed to acquire a majority stake in SVP-Singer Holdings (“SVP Worldwide”), the world’s largest consumer sewing machine company. Singer was formed in 1851 by Isaac Singer and Edward Clark. The company began…

Private Equity and Financial Stability: Evidence from Failed Bank Resolution in the Crisis

Private equity (PE) has become an important component in the financial system. An extensive literature explores the effects of private equity buyouts on firm-level outcomes, with some papers arguing that such buyouts positively affect the…

Energizing the M&A Market Post-Crisis

During these unprecedented times, all of us have had to acclimate to new ways of working, adapting creatively to the changed environment. Economic activity, including M&A dealmaking, has inevitably been depressed by the COVID-19 crisis,…

Birkenstock sold in €4bn L Catterton-backed deal after record results in 250-year history

Iconic sandalmaker Birkenstock has sold a majority stake in itself to consumer-focused private equity firm L Catterton in a €4bn deal amid the company reporting a record year despite the Covid-19 crisis.

Bank risk-sharing investment specialist Chorus shatters Fund IV goal with $1.4bn final close

Alternative credit manager Chorus Capital has soared past its Fund IV target to haul in $1.4bn for one of the largest private credit funds raised in Europe since the start of the Covid-19 crisis.

Kingswood Hits New Fund Hard Cap

Kingswood Capital Management has held an oversubscribed and hard cap close of Kingswood Capital Opportunities Fund I LP with $230 million of capital. Limited partners in the new fund include public pension funds, insurance companies,…

Apollo-backed low-cost airline Sun Country continues to ride out Covid crisis as it launches IPO

Apollo Global-backed low-cost airline Sun Country has filed to list on the Nasdaq stock exchange despite a troubled time for airlines since the start of the Covid-19 pandemic last year.

Hedge funds start the year by outperforming the global equity market led by distressed debt and event driven strategies

Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 0.37% in January 2021, outperforming the global equity market as represented by MSCI ACWI (Local) which gained 0.11% over the same period. Global equities…

KKR uses playbook to invest through the crisis

KKR’s European private equity bosses tell Mark Latham how the firm’s playbook has allowed them to lean into investments during the pandemic, about the impact of Brexit and the firm’s expansion plans.

Capza launches €500m Expansion Fund

Capza has raised €500m for its new Expansion Fund to support French SMEs in their post-crisis recovery and relaunch.

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.