Last week, the Department of Labor provided an information letter to confirm that companies with 401(k) plans can now offer private equity options to their employees. Presently, 401(k) plan fiduciaries do not provide plan participants
Z Capital has added Timothy Chiodo to its investment team as a new managing director. Mr. Chiodo will be active sourcing and executing new transactions and portfolio company oversight. Prior to joining ZCG, Mr. Chiodo
Consumer and retail-focused private equity house TSG Consumer Partners has promoted Erik Johnson and Ed Wong to managing director after nine years each at the firm.
Nestlé is selling pasta brand’s North American business to consumer-focused private equity firm Brynwood Partners after more than 30 years of ownership
The investment was made via Ardian Growth II fund, closed at €250m in 2018
Ardian has bought a minority stake in Switzerland-based online indoor and outdoor furniture retailer ProduceShop.
Emeram Capital Partners has appointed Marzio Bondolfi as an investment manager in its Munich-based team.
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.
Mainland-based firms OcuMension Therapeutics and Immunotech Biopharm sealed their Hong Kong IPOs at the top of guidance, riding on support from both institutional and retail investors.
VPBank Finance Co, the consumer finance arm of Vietnam Prosperity Joint Stock Commercial Bank, has launched a $200m new money loan.
Arcline Investment Management has acquired Glebar Company from its management shareholders led by Chairman and former CEO Adam Cook. Glebar manufactures and services micromachining, centerless grinding and electrochemical grinding systems used in the production of
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
The US-based firm invested in the consumer healthcare company, betting on growing consumer appetite for health supplements ordered online
Industrials, retail, and business services sectors, are expected to be the most likely targets
Many retail chains backed by buyout firms were struggling even before the pandemic forced store closures
J. Crew, Neiman Marcus and some other retailers facing bankruptcy after the pandemic have a common problem: large debt loads from leveraged buyouts.
At a time when J. Crew and Neiman Marcus needed to be investing money to adjust to changing shopping habits, enormous sums were going to their owners.
The retailer, held by Bain Capital since 2015, has taken a hit as it has been forced to shut its stores because of the pandemic
The high-end retailer is not liquidating, and expects to emerge from restructuring later this year.
The menswear brand was digging out of trouble when coronavirus pandemic slammed retail
