From: FinTech Global An investor who’ve previously backed FinTech companies is facing a revolt due to his ties with convicted sex offender Jeffrey Epstein. Leon Black is the chairman, CEO and founder of Apollo Global
The European Securities and Markets Authority (ESMA) has issued a new report on the impact of the pandemic, warning that the environment “remains fragile.” ESMA’s second Trends, Risks and Vulnerabilities (TRV) Report of 2020 analyses
Climate change has become a top priority for European pensions funds when picking their investment allocations, with 54% considering the environment before making their choice, according to a new survey by Mercer. The consultancy highlighted
New York State Common Retirement Fund (NYSCRF) to invest $150m in aircraft-leasing fund managed by private equity firm Castlelake. When asked by IPE Real Assets about the timing, given how the coronavirus pandemic has affected
Even though M&A activity is far below those seen before the coronavirus outbreak, it seems as if private equity firms are renewing their interest in deals, according to research from Bain & Company. The management
The US Securities and Exchange Commission (SEC) has voted to amend its definition of accredited investors, meaning more people will soon be eligible to enter the private capital market. The changes will do away with
Private equity investor the Blackstone Group has made a $275m investment into logistics company Cryoport. The Blackstone Group investment will reportedly see the company buy $250m worth of Cryoport convertible preferred stock and $25m of
Private equity firm TPG could be about to rake in $700m across the initial public offering of two blank-check companies, according to sources familiar with the matter speaking with Bloomberg. They told the publication that
Private equity firms could end up coming out on top of the coronavirus pandemic as they gear up to take advantage of market uncertainty caused by the crisis, new research from alternative investment manager Hamilton
Global investment firm the Carlyle Group has acquired a portfolio of solar development projects in Maine from global solar independent power producer BNRG. The deal was made through the investment group’s new affiliate Acadia Renewable
Sustainable infrastructure investor NTR has completed a €370m portfolio refinance of a 220 MW onshore wind portfolio for its NTR Wind 1 LP fund. NTR has launched the fund fund the construction and operating of
Hong Kong has introduced a new structure for private equity funds as part of China’s bid to make the city a centre for international asset and wealth managers. The Limited Partnership Fund Ordinance will enable
The British telecoms giant BT Group is preparing itself against takeover bids from rivals and private equity firms after its shares tanked as a result of it suspending its dividend. Sky News broke the story,
Kain Capital has completed its investment in healthtech platform MDLand, which creates solutions for managed care service providers to work more efficiently and to give better care to patients. “At Kain, we are always looking
LF Equity Income Fund was at the centre of the Woodford scandal and has now handed back over £2.26bn to investors since the fund started to wind up in January. Neil Woodford used to be
Private equity firm Blackstone Group is reportedly about to acquire genealogy provider Ancestry.com in a $4.7bn deal. The deal will include debt and would mark the first acquisition made from Blackstone’s Blackstone Capital Partners VIII
Middle-market private equity firm Charlesbank Capital Partners has closed its Charlesbank Credit Opportunities Fund II after crushing its $500m target by receiving LP commitments in excess of its $700m hard cap. The new round is
Private equity firm Abry Partners has acquired a majority stake in HealthEZ, an independent third-party administrator (TPA) of self-funded medical plans, adding the company to its growing portfolio of healthcare services investments. Abry’s investment is
London-based asset management firm Goodhart Partners is buying out more than 30 minority stakeholders in private equity firm CapitalSpring, according to The Wall Street Journal. Goodhart Partners had previously bought a minority share in the
Bridgepoint Advisers is going to buy rival private equity firm EQT Partners’ credit arm EQT Credit for an undisclosed sum. The acquisition will be combined with Bridgepoint’s existing credit business, with the enlarged group having
