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Category: Politics

Senior bankers warn Brexit is driving more functions to Europe

About 7,000 City jobs have been lost so far to Brexit. Some warn there may be more pain to come

Brazil’s indigenous people demand action from Fink

The Association of Brazil’s Indigenous Peoples has written an open letter to BlackRock’s CEO Larry Fink, who is expected to publish his annual letter to stakeholders this week. Apib wants BlackRock to end what it

Debt woes continue at Yongcheng Coal

Yongcheng Coal and Electricity Group’s debt woes have continued into the New Year. The company has warned about a missed payment on yet another domestic bond, and more institutions involved in its bond issuance have

PSG and Verdane's Hornetsecurity bolts on Altaro

Germany-headquartered IT security business Hornetsecurity, a portfolio company of Providence Strategic Growth (PSG) and Verdane, has acquired Malta-based cloud backup software provider Altaro.

Nordic Capital rewards IR head Norberg with partner promotion after stellar €6.1bn Fund X raise

Nordic Capital has promoted investor relations head Pär Norberg to partner after his instrumental role in the virtual fundraising of its €6.1bn Nordic Capital Fund X.

For sale: T-Mobile Netherlands looks for a private equity buyer

Apollo, Cinven, Providence and Warburg Pincus are among the interested parties, according to Financieele Dagblad newspaper.

SilverTree buys digital transformation specialist Orbus amid rising demand through Covid-19

Software and tech-focused buyout house SilverTree Equity has bought business digital transformation specialist Orbus Software.

Bain Capital impact investment arm backs special educations needs student learning business TeachTown

Private equity major Bain Capital's impact investing arm has backed TeachTown, a provider of evidence-based education curriculum software for students with special needs.

Dr Martens takes first step towards £1bn-plus IPO

Dr Martens, the manufacturer of boots and shoes, has filed initial paperwork for a flotation on the London Stock Exchange, the first of a number of consumer facing businesses expected to float in Europe this

Most Forwarded: Opalesque most forwarded article – week 1: Swiss currency manager Insch Capital relocates in most popular canton of Zug

According to a press release received by Opalesque, Insch Capital Management AG has opened new offices in the canton of Zug, Switzerland, and also relocated the domicile of the firm to Zug. Insch is a

MCH backs ID software developer Logalty

MCH Private Equity has invested in Spanish digital identity specialist Logalty.

Permira-backed Dr. Martens mulls London IPO

The firm acquired the iconic British footwear company in 2013 and, in 2019, was reported to be in talks with Carlyle about a potential sale of the business that did not move forward

China policy and markets round-up: PBoC unveils 2021 goals, Beijing extends SME support, Trump bans Alipay, WeChat Pay

In this round-up, the central bank sets working goals for 2021, the Chinese government extends its policy to support small and micro-sized enterprises, and the US bans eight Mainland-based applications including the popular Alipay and

Insight Partners helps create one of 2021’s first tech unicorns through huge Series B investment round

Private equity house Insight Partners has created one of 2021's first tech unicorns through a huge Series B investment in digital product building software specialist Quantum Metric.

Blue wave euphoria washes out Capitol Hill riots

Amid riots on Capitol Hill, the blue wave finally arrived. Georgia’s two run-off elections gave the Democratic Party 50 seats in the US Senate, and the majority, as Kamala Harris will hold the deciding vote

HSBC's Asia ambitions remain after Enns leaves

HSBC’s aims to boost market share in investment banking and rebalance towards Asia remain intact despite the resignation of one of its most senior lieutenants. But 2021 must be about execution, writes David Rothnie.

Flurry of Uzbek corps set to debut, diversification on horizon

Diversification has taken hold in central Asia's Uzbekistan, which over the last two years has started its pivot towards international capital markets. According to sources, a plethora of debut deals is expected to hit markets

Investcorp-backed Impero acquires Netop

Investcorp Technology Partners portfolio company Impero has wholly acquired software developer Netop.

Goldman Sachs warns of double-dip recession for UK on third lockdown

The US investment bank was optimistic that the economy will pick up 'strongly' in the spring

Hg acquires Canadian software maker Prophix in $500m deal

The firm, one of the largest specialist tech investors in Europe, is making a big push outside its traditional targeted geographies by sealing its fourth deal in Canada over the last 12 months

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