Tug-of-war: Sale of non-profit domain sparks controversy

International bodies have criticised Ethos Capital’s bid for the Public Interest Registry, saying it will endanger the independence and accessibility of the internet. Can the private equity firm reassure its critics?

Petron seeks consent for loan amendment

Philippine oil refining and marketing company Petron is seeking lenders’ consent to make amendments to two of its old borrowings, following an initial warning in July.

K-pop manager Big Hit Entertainment readies IPO

South Korea’s Bit Hit Entertainment, the manager of K-pop boy band BTS, is set to launch an IPO worth up to W962.6bn ($811.7m) later this month.

Private Equity—Year in Review and 2020 Outlook

Posted by Andrew Nussbaum, Steve Cohen, and Karessa Cain, Wachtell, Lipton, Rosen & Katz, on Saturday, February 8, 2020 Editor's Note: Andrew J. Nussbaum, Steven A. Cohen, and Karessa L. Cain are partners at Wachtell, Lipton, Rosen

End of GSE conservatorship nears but CFPB ruling raises new questions

The end of government control of Fannie Mae and Freddie Mac drew one step closer this week, but a US Supreme Court ruling on the leadership structure of the Consumer Financial Protection Bureau (CFPB) raises

BASF Construction Chemicals next bridge to drop after TKE blowout

Banks have launched the buyout funding for Lone Star’s purchase of BASF Construction Chemicals into market, as the storming execution of ThyssenKrupp Elevator shows the discount banks must take to exit pre-Covid positions is rapidly

Hong Kong IPO market defies China fears with bumper crop of deals

Hong Kong’s IPO market had one of its busiest periods in years this week, with more than 10 live deals vying for investor attention. But bankers in the city are concerned by the ECM market’s

China tackles default concerns with new guidelines

Chinese policy makers have finalised rules on how to deal with corporate bond defaults, with the regulation to go into effect next month.

UK remains top destination for American dealmakers

The report by Akin Gump said the newfound political stability would sustain inbound investment into the UK, particularly from the US

AMB :- Hedge funds using artificial intelligence/machine have more than doubled since 2016

Laxman Pai, Opalesque Asia: The proportion of systematic hedge funds launched in 2019 that use artificial intelligence/ machine learning (AIML) is over double the proportion in 2016 (23% vs. 10% respectively), said Pre...Article Link

Aurelius carves out divisions from US-based Woodward

The deal for the Germany and Poland-based renewable power systems and the protection relay businesses was for $23.4m

Aberdeen Standard seeks €300m for European co-investment fund

Firm aims to reward investors that write large checks early on with fee discounts

US regulator warns of lockdown threat to financial stability

The US Office of the Comptroller of the Currency (OCC) is urging local officials to ease their Covid-19 lockdown measures, warning that some banks are now suffering delinquency rates in the mid-double digits on their

Bain Capital takes over Italian IT company Engineering Group

The transaction marks an exit for Apax Partners after three years

Vanguard to launch new private equity fund

Money manager plans to start push with institutions and later add wealthy individuals

Bain’s Jonathan Lavine calls for more transparency in the industry

Boston-based Bain Capital came under scrutiny from investors following the high-profile bankruptcy of Toys "R" Us

Europe’s biggest pension fund ABP sets 2050 ‘climate neutral’ goal

The Netherlands’ ABP, which manages almost half a trillion euros, pledges to further cut CO2 emissions from its €150bn equity portfolio

Blackstone hires chief technology officer from Barclays

John Stecher, who was previously group chief technology officer and group chief innovation officer at Barclays, will succeed Bill Murphy

A global economy without a cushion

World trade annual growth was only 13% faster than global GDP growth in 2010-19, leaving the world more vulnerable to all-too-frequent shocks

AMB :- Vestar Capital Partners closes its seventh fund at $1.1bn beating its initial target

Laxman Pai, Opalesque Asia: U.S. middle-market private equity firm Vestar Capital Partners has reached a $1.1bn final close for its latest mid-market buyout fund, beating its initial target. Vestar VII exceeded its $1 bi...Article Link

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