Brookfield Takes Piece of Superior Plus

Brookfield Asset Management has closed a US$260 million preferred stock equity investment in Superior Plus. Toronto-headquartered Superior (TSX: SPB) provides delivery, wholesale procurement and retail marketing of propane-related products, and distributes fuels including heating oil

UK government urged to launch ‘corporation’ to manage £35bn in unsustainable debt

The report comes as the government considers how to carefully pull the plug on the loan support schemes and other programmes that helped keep businesses and individuals afloat during the pandemic

Energy-focused firms struggle to raise capital

Institutional investors are avoiding traditional energy-focused funds due to low oil prices, poor returns and increasing concerns on the environment

Titanbay looks to open up private equity to smaller LPs with newly-launched platform

Fintech startup Titanbay is hoping to open up private equity investing to small and medium-sized institutional and private investors through its newly-launched platform.

CommerzVentures invests $6m in Concirrus

CommerzVentures has invested $6m in speciality analytics firm Concirrus.

CalPERS falls well short of annual returns goal as private equity performance turns negative

US pension giant CalPERS has fallen well short of its annual return goal amid its private equity investments tanking due to the coronavirus.

EVentures leads $4m seed round for Sorare

EVentures has led a $4m seed funding round for Sorare, a Paris-based fantasy football game developer.

Women bankers fear the coronavirus crisis will derail their careers

The crisis was heralded as a chance to level the playing field for working mothers in banking – it has not worked out that way

LPs turn to debt, mezzanine infrastructure funds amid coronavirus flight to safety

Limited partners are increasingly turning to debt and mezzanine infrastructure funds as they hunt for relatively safe havens for their investments amid the ongoing Covid-19 pandemic.

SE Asia-focused Wavemaker Partners breezes past Fund III goal to reach $111m final close

Southeast Asia-focused venture capital house Wavemaker Partners has breezed past its target to reach a $111m final close for its third fundraise.

Scale of Covid damage to European PE becomes clear – but LPs are backing one surprise subsector to shine

The scale at which the European private equity industry has been besieged by the coronavirus crisis is becoming increasingly clear thanks to new data from PitchBook, with fundraising, dealmaking and exit activity all falling to

New $250m-targeting private equity fund looks to help close US racial equality gap

A $250m-targeting private equity fund looking to back minority-owned businesses has been launched by the US-based Minority Wealth Commission.

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