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Category: Software and Hi-Tech

Tsinghua Unigroup bonds plunge to new low

Dollar and renminbi denominated bonds of cash-strapped Chinese issuer Tsinghua Unigroup Co were heavily sold off this week, following renewed concerns over the company’s debt repayment ability.

Ascendas Reit builds S$1.2bn deal for acquisitions

Ascendas Real Estate Investment Trust has tapped the equity market for S$1.19bn ($887.7m) to finance a global purchasing spree.

Relaxation of Covid-19 aid rules may help PE-backed firms – but will it be enough?

The Government's adjustment to aid for businesses is a welcome step for private equity firms, but it may be a false dawn

FKS raises $255m loan from eight banks

Singapore-based FKS Food & Agriculture has closed a $255m-equivalent dual currency deal with eight lenders.

Redco uses up bond quota to meet refi needs

Redco Properties Group has tackled some of its upcoming maturities by selling a new $266m bond to refinance debt.

Longyuan Power makes strong bond return

Wind power giant China Longyuan Power Group Corp found overwhelming support for its $300m bond sale, with investors giving the firm’s state ownership, deal timing and sector of operation a big thumbs up.

Bain Capital Ventures, Silversmith among VCs helping risk management solution Venminder to $33m Series C

Third-party risk management solution developer Venminder has scored $33m in its Series C round, which was led by Silversmith Capital Partners.

Google, Andreessen Horowitz back cloud-native networking company Isovalent

Isovalent, a cloud-native networking company, has launched its services to help enterprises connect, observe and secure modern applications with its Cilium product.

ARA, Chelsfield raise green loan for Singapore property

ARA Asset Management and property company Chelsfield have raised a S$385.8m ($286m) green loan to finance the acquisition and renovation of 5One Central, a commercial building in Singapore.

KKR Appoints Jim Rowan as Senior Advisor

SINGAPORE--(BUSINESS WIRE)-- Global investment firm KKR today announced the appointment of Jim Rowan, former Chief Executive Officer of Dyson Ltd., as a Senior Advisor to KKR’s Asia Private Equity team. Mr. Rowan brings more than

Don’t Go Chasing Waterfalls: Fiduciary Obligations in the Shadow of Trados

Posted by Sarath Sanga (Northwestern University) and Eric L. Talley (Columbia University), on Tuesday, November 10, 2020 Editor's Note: Sarath Sanga is Associate Professor at Northwestern University Pritzker School of Law, and at Kellogg School

UK’s audit watchdog urges companies to come clean on impact of climate change

Companies would have to report on the financial impacts of climate change on their businesses within the next five years

Innova acquires stake in Bielenda Kosmetyki

CEE-based private equity firm Innova Capital will acquire an undisclosed stake in Polish cosmetics brand Bielenda Kosmetyki alongside its management.  

Bridgepoint buys minority stake in Diagnostiskt Centrum Hud

Bridgepoint has acquired a minority stake in Swedish skin clinic operator Diagnostiskt Centrum Hud (DCH) alongside its management. 

Clipperton hires Westphal as partner

Technology-focused corporate finance firm Clipperton has hired Nikolas Westphal as a partner in its Berlin-based team.

Griffin Gaming Partners raises $235m to target titanic, still growing video games industry

Video gaming-focused venture capital house Griffin Gaming Partners has raised $235m to invest across the already titanic industry.

HTGF et al. lead €2m round for All3DP

High-Tech Gründerfonds (HTGF), Bayern Kapital and Deutsche Balaton have led a €2m round for All3DP, a 3D printing internet platform.

Lea Partners sells IDL to PE-backed Insightsoftware

Lea Partners has sold financial performance management software IDL to US-based Insightsoftware, a portfolio company of TA Associates and Genstar Capital.

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