Apax Partners
Apax Partners to seal 3.5x return selling Neuraxpharma to Permira – sources

Apax Partners to seal 3.5x return selling Neuraxpharma to Permira – sources

Apax Partners is set for a 3.5x return selling its stake in European pharma company Neuraxpharm to fellow private equity major Permira, AltAssets has learned.

admissions
Private equity firm founder faces jail after pleading guilty in US college admissions scandal

Private equity firm founder faces jail after pleading guilty in US college admissions scandal

The founder of buyout house Hauser Private Equity is facing up to six months in prison after pleading guilty to taking part in the extensive US college admissions scandal by paying $40,000 to rig his

Portfolio Company News
EQT teams up with Sigma Capital for £1bn housing JV

EQT teams up with Sigma Capital for £1bn housing JV

The Swedish private equity firm and the UK residential specialist plan to have a portfolio of around 3,000 affordable homes in London, expected to be built and completed over a period of at least five

Angel / Venture
VC backers return to help open banking startup TrueLayer to another $25m

VC backers return to help open banking startup TrueLayer to another $25m

Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.

Pharma and Healthcare
Finance workers rush to get private Covid-19 tests as second wave looms

Finance workers rush to get private Covid-19 tests as second wave looms

London finance workers are spending hundreds of pounds on Covid-19 tests offered by private doctors across the Square Mile

Consumer Services
Europe’s sluggish IPO market shows signs of life

Europe’s sluggish IPO market shows signs of life

Hopes rise that tech offerings could spark a wider revival following strong debut by UK's online retailer THG Holdings

Limited Partners
General Atlantic-led deal values payments company at $1.2bn

General Atlantic-led deal values payments company at $1.2bn

Uruguay-based dLocal, which helps international companies process payments in emerging markets, raised $200m in a growth-equity financing round led by General Atlantic

Appointments
AMB :- Ex-Citadel and Point72 executive Evan Feng joins the CoinFund investment team

AMB :- Ex-Citadel and Point72 executive Evan Feng joins the CoinFund investment team

Laxman Pai, Opalesque Asia: CoinFund, a private crypto asset investor and blockchain research, and advisory firm, announced that Evan Feng has joined its investment research team. "Evan brings to us his experiences...Article Link

Academic Research
Expanding Opportunities for Investors and Retirees: Private Equity

Expanding Opportunities for Investors and Retirees: Private Equity

Posted by Hal S. Scott (Harvard Law School) and John Gulliver (Program on International Financial Systems), on Monday, September 21, 2020 Editor's Note: Hal S. Scott is the Emeritus Nomura Professor of International Financial Systems

Distressed
Global GDP to return to pre-pandemic levels by mid-2021, says Deutsche Bank

Global GDP to return to pre-pandemic levels by mid-2021, says Deutsche Bank

In its revised global outlook, the lender's economists also warned that the increase in public debt could precipitate another financial crisis

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