Politics
AMB :- Rubicon smashes $850m target, races to $1.25bn hard cap close for latest software fund

AMB :- Rubicon smashes $850m target, races to $1.25bn hard cap close for latest software fund

Laxman Pai, Opalesque Asia: Colorado-headquartered private equity investor Rubicon Technology Partners closed a new fund, Rubicon Technology Partners III, at over $1.25 billion, exceeding the fund target of $250 million ...Article Link

Consumer Services
The Pandemic Helped Topple Two Retailers. So Did Private Equity.

The Pandemic Helped Topple Two Retailers. So Did Private Equity.

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.

Fintech and Finance
Job losses at banks hit six-year high despite vows to halt cuts during pandemic

Job losses at banks hit six-year high despite vows to halt cuts during pandemic

Big banks chopped 2,800 jobs in the first quarter. CEOs have promised to halt redundancies during the pandemic

Oil and Energy
AMB :- The Corona Fighters Report 28: Asset managers who delivered in the downturn

AMB :- The Corona Fighters Report 28: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend. A contrarian outperforms Pennslyvania-based firm Val...Article Link

Oil and Energy
The Corona Fighters Report 28: Asset managers who delivered in the downturn

The Corona Fighters Report 28: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend. A contrarian outperforms Pennslyvania-based firm Valley Forge Capital's

Banking Profiles
British menswear brand TM Lewin acquired by private equity firm

British menswear brand TM Lewin acquired by private equity firm

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

Boards of Directors
Navigating Down-Round Financings

Navigating Down-Round Financings

Posted by Steve Bochner, Amy Simmerman and Becki DeGraw, Wilson Sonsini Goodrich & Rosati, on Tuesday, May 12, 2020 Editor's Note: Steve Bochner, Amy Simmerman and Becki DeGraw are partners at Wilson Sonsini Goodrich &

Politics
Main Capital raises €564m for its latest software-focused fund

Main Capital raises €564m for its latest software-focused fund

The vehicle was oversubscribed and is more than double the size of its predecessor, which collected €236.5m in 2017

Pharma and Healthcare
AnaCap Financial eyes Nordic expansion for Danish health insurer

AnaCap Financial eyes Nordic expansion for Danish health insurer

Among its main targets are other health insurance companies and their portfolios, healthcare provider networks and health-tech businesses

Oil and Energy
The Corona Fighters Report 27: Asset managers who delivered in the downturn

The Corona Fighters Report 27: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend. Global macro outperforms Said Haidar's Haidar Jupiter Fund

Oil and Energy
AMB :- The Corona Fighters Report 27: Asset managers who delivered in the downturn

AMB :- The Corona Fighters Report 27: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: Amid the current market turmoil, this is our regular report on hedge fund and alternative asset managers who are bucking the trend. Global macro outperforms Said Haidar&`s Haidar ...Article Link

Software and Hi-Tech
US announces third straight record quarter of borrowing

US announces third straight record quarter of borrowing

The US Treasury has announced its intention to borrow $122bn over the next three months, marking the third time in a row that it has announced record borrowing volumes.

Oil and Energy
First HY debut since virus crisis buoyed by oil storage boom

First HY debut since virus crisis buoyed by oil storage boom

Rubis Terminal looks set to make the first European high yield debut since the coronavirus crisis hit, announcing a new €410m issue to fund a minority investment by I Squared Capital. Business has boomed at

Software and Hi-Tech
People and markets news in brief: November 5, 2020

People and markets news in brief: November 5, 2020

Credit Suisse names Philippines head – MUFG hires from Mandiri – HKEX expands WVR scheme

Politics
US result is a champagne moment, but who for?

US result is a champagne moment, but who for?

Few readers of this column will have been able to avoid the temptation this week to continually hit refresh, hoping for a morsel of news on the US election. Whether you’re red, blue or polka-dot,

Appointments
Ex-KKR partner joins former colleagues at Asterion Industrial Partners

Ex-KKR partner joins former colleagues at Asterion Industrial Partners

Silke Scheiber has joined the Madrid-based firm as head of its portfolio management committee

Event
China stuns market by halting Ant IPO at the eleventh hour

China stuns market by halting Ant IPO at the eleventh hour

The Shanghai Stock Exchange stunned the market on Tuesday by halting Ant Group’s $34bn IPO, set to be the largest listing in history, just two days before the company’s planned stock market debut. The extraordinary

Pharma and Healthcare
Dutch private equity firm buys healthcare technology business Corilus

Dutch private equity firm buys healthcare technology business Corilus

Gilde Buy Out Partners has acquired the company from AAC Capital

Politics
‘We need to keep our powder dry’: Sonny Dominguez, finance minister of the Philippines, talks about his coronavirus response

‘We need to keep our powder dry’: Sonny Dominguez, finance minister of the Philippines, talks about his coronavirus response

Carlos ‘Sonny’ Dominguez has been finance minister of the Philippines since 2016, serving under president Rodrigo Duterte. He has been a key architect of ‘Dutertenomics’, a catch-all term for a mix of policies including cutting

Event
Mercedes-Benz Leasing debuts China auto lease ABN

Mercedes-Benz Leasing debuts China auto lease ABN

Mercedes-Benz Leasing Co sold its first auto lease asset-backed note in China’s interbank market this week, navigating a number of hurdles to launch the Rmb4bn ($600m) deal.

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