Laxman Pai, Opalesque Asia: European private equity and venture capital entry volume dropped to a five-year low in the first half of 2020 as managers turned away from deal-making to focus on their existing portfolios
A technical issue around the data submission meant that the euro area short term rate (€STR) did not have enough data to be calculated in the usual way this morning, forcing the ECB to use
Anne Stevenson-Yang is a director and co-founder of J Capital Research, a New York firm and short seller that specialises in Chinese companies, as well as international companies looking to grow their business in China.
Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 2.61%1 in July, bringing its year-to-date return to 1.73%, supported by the robust performance of underlying global equity markets as represented by the MSCI
Genstar has acquired Sonny’s Enterprises, a manufacturer of car wash equipment and supplies, from Sentinel Capital Partners. Sonny’s is the largest manufacturer and distributor of conveyorized car wash equipment, parts and supplies in the world
ERI Solutions, a portfolio company of Spire Capital since November 2018, has acquired DBI Group. DBI is a provider of non-destructive testing, mechanical integrity inspections, pipeline integrity inspections, and heat treating services. The company, led
EyeSouth Partners, a portfolio company of Shore Capital Partners, has acquired Retina Associates of Middle Georgia (RAMG). RAMG provides ophthalmology services for the treatment of diseases of the retina, macula, and vitreous. The practice is
Private equity, asset management, hedge funds, and advisory investment banking could see staff incentives drop by up to 15% in 2020, according to consultancy Johnson Associates
The strategy will invest in UK SMEs, with a focus on healthcare, business and financial services and technology, media and telecommunications
Tech investor unloads assets to bolster balance sheet after suffering its worst year, and CEO says it may sell chip designer Arm
US-listed OneConnect Financial Technology Co, a Chinese company whose stock price has doubled this year, is tapping equity investors for new funds.
Troubled Chinese bond issuer Yihua Enterprise (Group) Co will hold a meeting with investors on Wednesday, where it will promise to pay the overdue interest on a domestic medium-term note before the end of September.
GlobalCapital and Standard Chartered hosted a virtual roundtable on the China high yield debt market at the end of July as the second part of a 2020 roundtable series. The first was conducted in mid-April.
Taiwan’s Taiflex Scientific Co, an electronic parts and components maker, has closed a dual-currency borrowing of NT$2.5bn ($85m) with eight banks.
ICICI Bank has closed its up to Rp150bn ($2bn) qualified institutional placement, according to a source close to the deal.
Barclays is building up sustainability coverage in its investment bank with new positions announced globally on Monday and effective immediately.
Indian agricultural company Jain Irrigation Systems, which has been navigating a liquidity crisis for more than a year, has put in place two restructuring plans for its onshore and offshore debt.
US president Donald Trump’s sudden targeting of Tencent Holdings and its flagship app WeChat last week was vague in the extreme. But what is clear is the Trump administration’s increasing willingness to go after China’s
Private equity firm Calao Finance has backed the acquisition of the French outdoor sports and clothing brands Raidlight and Vertical from Rossignol Group.
Opalesque Industry Update - Alternative credit specialist CIFC has launched a long/short high yield UCITS fund managed by industry veteran Jason Horowitz, who has been running similar strategies successfully for over 10 years. Mr. Horowitz
