Swedish institutions to target coronavirus-hit businesses with new SEK3.5bn investment company

Swedish pension fund AMF, bank SEB and foundation-backed asset manager FAM have launched an SEK3.5bn investment company to back Swedish businesses struggling to make it through the coronavirus crisis.

Brynwood Taps Nestle Again

Brynwood Partners has formed Buitoni Food Company to acquire the North American Buitoni business from Nestlé at an enterprise value of $115 million. Buitoni is a national brand in the refrigerated pasta, sauces, and cheese

Kinderhook Closes First Chemtron Add-On

Chemtron Corporation, a portfolio company of Kinderhook Industries, has acquired Vexor Technology, a provider of non-hazardous waste processing services and alternative energy products. The buy of Vexor is the first add-on acquisition for Chemtron since

PE and distressed debt most popular strategies among private investors – survey

Three-fifths of high net worth investors said they are ready to support small and medium-sized British businesses

COVID-19 and Club Deals: An Alternative to Debt Financing for Acquirors

Posted by George E. Rudy, Philip O. Brandes, and Joshua J. La Vigne, Mayer Brown LLP, on Thursday, June 11, 2020 Editor's Note: George E. Rudy is counsel, Philip O. Brandes is partner, and Joshua

What access to the $6.2tn 401(k) pension market means for private equity

Most firms have a lot of work to do if they want to attract Americans’ retirement savings

Video: CPPIB’s Delaney Brown on improved LP/GP relations

In the fourth of Unquote's Lockdown series, Delaney Brown, managing director and head of PE funds at Canada Pension Plan Investment Board (CPPIB), discusses improved GP/LP relations since lockdown began and how there are no

Germany snags €6bn tap, Finland goes long

Two sovereigns pulled off successful deals on Wednesday, adding to the pile of syndicated European government bond issuance this week.

California’s biggest public pension system commits $1bn to Blackstone fund

Calpers made the investment as part of $3.9bn in commitments to private equity funds and separate accounts targeting credit investments

Eurozone sovereigns gather over €160bn in orders

There were no issues of competing supply on Tuesday as three eurozone sovereigns amassed big order books, buoyed by last week’s expansion of the Pandemic Emergency Purchase Programme (Pepp).

Germany aims for at least €3bn-€4bn with syndicated tap

After three eurozone sovereigns hit the primary market on Tuesday, more supply will follow on Wednesday with Germany setting its sights on its second syndicated transaction after returning to the format in May, helping it

AMB :- Corporate pension funding ratio drops to 84% in May

Laxman Pai, Opalesque Asia: The funding ratio among corporate plans dropped to 84% as of May 31 from 84.5% as of April 30, said a report from Milliman. Discount rates dropped to 2.76% in May,

Covid-19: sovereign borrowing response

The Covid-19 pandemic is forcing many of sovereigns to expand their borrowing programmes. The below table details the impact of the outbreak on the funding requirements of major sovereign borrowers.

Funding scorecard: European sovereigns

This week's funding scorecard looks at the progress European sovereigns have made in their funding programmes in early June.

Periphery sovereigns cue up deals after Pepp boost

Greece and Ireland are set to test the primary bond market this week, returning to one buoyed by a fresh injection of confidence after the European Central Bank expanded its Pndemic Emergency Purchase Programme (Pepp)

Cost cuts central to Gottstein’s Credit Suisse shake-up

Credit Suisse chief executive Thomas Gottstein has brought its investment bank back together but threatens to leave it with a diminished corporate finance business, David Rothnie reports.

Kookmin to debut with euro covered bond as supply scarcity looms

Kookmin Bank is expected to surface later this week with its first euro covered bond which will fund social housing. The deal is to emerge amid mounting concern that diminishing supply, rising redemptions and aggressive

Kinderhook Acquires Original One Parts

Kinderhook Industries has acquired Original One Auto Parts. This acquisition is the firm’s 86th acquisition in the automotive aftermarket. Dallas-headquartered Original One Parts is a provider of recycled, refinished, and certified original equipment manufacturer auto parts

Francisco Closes On $10 Billion

Francisco Partners has held a final closing of three funds, two equity funds and one credit fund, with an aggregate $10 billion of capital. The three new funds are Francisco Partners VI LP with $7.45

Abu Dhabi sovereign wealth fund joins PE firms with investment in Jio Platforms

Previous investments in the company have come from Facebook, Silver Lake, Vista Equity Partners, KKR and General Atlantic

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