He attracted billionaires and governments to his funds by promising to make money from investments that would benefit society. Prosecutors allege he committed fraud, stealing from those he wooed
Ufenau Capital Partners has sold its stake in Swiss IT Security (SITS) in a secondary buyout to Triton, netting more than 12x money on the exit and an IRR of more than 150%.
17Capital has announced it has raised USD 4.5bn across its preferred equity financing strategies, including a final close for 17Capital Fund 5 on USD 2.9bn.
Michael T Pilson and Marc Fitorre have joined placement agent Triago as partner and principal, respectively.
Montagu has acquired Intech, a French manufacturer of orthopaedic surgical tools backed by Eurazeo and Andera Partners.
Firms attract $5.3bn in investment so far compared with the previous record in 2018 of $4.8bn across the whole year
In addition to the strong total level of capital raised, the number of fund closings, at 1,102, was the highest of any first half since 2018
SoftBank Group is leading an investment in AnyVision Interactive Technologies that values the facial-recognition company at over $1bn
A bidding war is brewing for Britain’s fourth-largest food retailer WM Morrison
In the week ending July 9th 2021, a report said that amid double-digit returns and increasing assets under management, hedge fund managers have grown even more optimistic about their business prospects over the next 12
Russian IPOs have long been beset by the political turmoil that surrounds their country’s relationship with the US. Many a deal has been sunk by US-Russia tension, particularly when sanctions are imposed by the former.
With private equity-backed mergers and acquisitions hitting record levels in Europe, bankers have their tails up as they jostle for the most lucrative fee opportunities, writes David Rothnie.
Banks wrapped up the $730m-equivalent IPO of Abu Dhabi satellite company Yahsat on Thursday with high levels of demand, particularly from local investors.
Opalesque Industry Update - Hedge fund performance advanced in June, extending the streak of consecutive monthly gains to nine and completing the best first half of a calendar year since 1999, driven by optimism regarding
Shanghai Pharmaceuticals Holding Co has managed to slice the margin and fees on a $500m comeback to the loan market.
Property developer Beijing Capital Development Holding (Group) Co, which is also known as Shoukai Group, was back in the dollar bond market on Thursday after a nearly five year hiatus.
Kakao Bank, an online-only South Korean bank, has kicked off bookbuilding for its up to W2.55tr ($2.2bn) IPO.
Chint Solar, a Chinese photovoltaic module supplier, is making its debut in the offshore market for a dual currency green loan.
Baker McKenzie has hired capital markets and M&A partner Victoria Lloyd in Hong Kong.
Bonds issued by the Chinese government and policy lenders saw a strong rally on Thursday after the State Council signalled a cut in banks’ reserve requirement ratio (RRR), a move that could unleash hundreds of
