RBI encourages clients to issue/borrow in sustainable formats

Raiffeisen Bank International’s clients are increasingly looking to achieve more sustainable, fairer and more transparent ways of doing business. In this context, RBI maintains a comprehensive dialogue with an ever-increasing pool of clients on sustainable

New World builds Asia’s first sustainability-linked bond

Hong Kong-based property developer New World Development Co (NWD) opened a new area of issuance for Asian borrowers on Thursday when it sold the region's first dollar sustainability-linked bond.

Democratic control sparks unease in private equity

With Democrats in the White House and Congress, private equity sees the possibility for a clutch of tax rises; venture capital sees a silver lining in better prospects for ‘start-up visas’

Foresight reaches interim close of sustainable energy fund at €430m

Swedish pension fund and US investor join fund

CVC Capital Partners buys Stark Group from Lone Star

CVC Capital Partners has signed an agreement to wholly acquire Danish heavy building materials distributor Stark Group from Lone Star Funds.

Insight Partners helps create one of 2021’s first tech unicorns through huge Series B investment round

Private equity house Insight Partners has created one of 2021's first tech unicorns through a huge Series B investment in digital product building software specialist Quantum Metric.

Covid crisis supercharged VC digital health investing to record $14.8bn last year

Global venture capital funding in digital health companies surged to $14.8bn last year as the coronavirus pandemic supercharged investment into the sector.

CVC taps €16.4bn Fund VII to buy Lone Star portfolio business Stark Group

Private equity major CVC Capital Partners has tapped its €16.4bn seventh flagship fund to buy European heavy building materials distributor Stark Group from Lone Star Funds.

K-shaped Covid recovery leaves opportunity for new $2.5bn Marathon Asset Management distressed credit fund

Credit specialist Marathon Asset Management has raised about $2.5bn to close its oversubscribed debut distressed credit fund.

Sixth Street soars to €1bn hard cap for new European debt fund amid Covid-19 opportunity

Former TPG credit arm Sixth Street has struck a €1bn hard cap final close for its second fund targeting European direct lending deals.

Carlyle launches sustainable loan for Siemens gearing carve-out

Bank of America, Deutsche Bank and UniCredit have launched the buyout funding for Carlyle’s €2bn purchase of Flender, a company making wind turbine gearing, from Siemens. On offer is a €1.045bn term loan 'B' in

Wall Street must speak earlier to defend democracy

Leading US financial institutions were quick to condemn the shocking attacks on the US Capitol on Wednesday — a sign that they are willing to take positions on important social issues, in line with the

Invesco exits IP Group after £62m block

Invesco has sold the last of its stake in IP Group, the investment company focused on the commercialisation of university-developed intellectual property, through an accelerated bookbuild on Wednesday night.

Green bankers confident of Taxonomy U-turn

Sustainable finance specialists are optimistic that the European Commission will make a last minute concession on its proposed rules for green buildings when it publishes its final and binding Taxonomy of Sustainable Economic Activities, expected

Asia people news in brief: January 7, 2021

StanChart bolsters sustainable finance team — CreditAg names Apac sustainability head — BOC HK appoints CEO — HKEX picks interim chief — Hang Seng has new chairman

China moves ahead with delisting reform

The stock exchanges in Shanghai and Shenzhen have introduced new regulations to forcefully delist companies, fast-tracking the process and giving more clarity about the various scenarios that can push firms to exit the bourses. There

CreditAg names new Apac sustainability head

Crédit Agricole has named Victoria Land as its new head of sustainable banking for Asia Pacific.

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