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Barclays traders sent home in London after testing positive for Covid

A memo to staff said: 'Anyone who interacted with the affected individuals was notified and advised to self-quarantine for 14 days'

US election certainty prompts PureGym bridge launch

Strong markets on Monday morning helped Barclays and Jefferies launch the long-awaited bridge financing for PureGym’s takeover of Fitness World, one of the last pre-Covid facilities yet to come out in the capital markets.

People news in brief

Wartchow heads to Pemberton — Barclays names permanent equities heads — Bonilla joins Kartesia

KKR to Present at the Barclays Global Financial Services Conference

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Barclays Global Financial Services Conference on Monday, September 14, 2020 at 12:00 PM

Bain Capital backs digital asset infrastructure startup Zero Hash through Series C round

Bain Capital was among investors in the latest investment round for digital asset infrastructure specialist Zero Hash.

CD&R Acquires KKR’s Epicor

Clayton, Dubilier & Rice (CD&R) has agreed to acquire Epicor Software from KKR in a transaction valued at $4.7 billion. KKR purchased Epicor in July 2016 from Apax Partners at an enterprise value of $3.3

Bain Capital Private Equity deploys $750m into cloud software company Nutanix

Bain Capital Private Equity has deployed $750m into cloud software company Nutanix though convertible senior notes.

Private equity firms are renewing their M&A activity after Covid-19 put the breaks on the deals in H1

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

Bain Capital’s new fund terms offer fee flexibility and clawbacks

The firm’s terms make fee collections easier but provide investors with clawback opportunities

Gemspring Staffs Up

Middle-market private equity firm Gemspring Capital has added to its investment team with the hirings of Michael Fan, Brad Liff, and Jack Tucker. Mr. Fan joins Gemspring as a principal and he will be active

Bondholder threat to Bain Capital’s Virgin Australia buyout over – report

A bondholder threat to Bain Capital's buyout of coronavirus-stricken airline Virgin Australia appears to be over after lenders withdrew their plans for a recapitalisation of the business.

Bain Capital beats back Baring PE Asia challenge to seal $1.2bn Nichiigakkan deal

Bain Capital has beaten back last-minute competition from Baring Private Equity Asia to seal a $1.2bn buyout of Japanese nursing home operator Nichiigakkan.

Baring PE trumps Bain Capital with Nichiigakkan bid, values company at $1.37bn

Baring Private Equity has entered the fight to buy Japanese nursing home operator Nichiigakkan by trumping fellow buyout house Bain Capital's offer, valuing the business at $1.37bn.

Private equity-backed Vertafore bought by rival Roper in $5.35bn deal

Private equity-backed insurance software company Vertafore has been bought by industry rival Roper Technologies in a $5.35bn buyout. Bain Capital and Vista Equity Partners agreed to buy Vertafore four years ago from TPG Capital in a $2.7bn deal.

Bob Diamond: Only ‘leanest’ banks will survive pandemic

The executive, who ran Barclays during the global financial crisis, sees a future of stripped-down banks outsourcing non-core business lines — and is wary of them being turned into public utilities

Barclays boosts global SRI team

Barclays is building up sustainability coverage in its investment bank with new positions announced globally on Monday and effective immediately.

UK’s privacy watchdog investigates Barclays for allegedly spying on staff

The Information Commissioner Office confirmed its probe into the bank’s use of computer monitoring software

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