Thailand’s Gulf Energy Development Public Co has cancelled its mega loan for the acquisition of Intouch Holdings after the tender offer result fell short of expectations, dealing a blow to Asia’s syndication market.
Specialist venture capital firm Energy Capital Ventures has hit an initial close of $45m for its ESG-focused New Venture Capital Fund. The post Coinbase backer Energy Capital Ventures hits $45m initial close for debut ESG-focused
Canadian pension fund Public Sector Pension Investment Board is said to be joining a consortium that was looking to buy Australian electricity infrastructure investor Spark Infrastructure Group. The post Public Sector Pension Investment Board said
Stock options in startups are still being structured in a way that favour white, male employees over other groups
The first half of this year saw 59 deals in the sector attract $681.4m, according to PitchBook.
LDC has acquired a majority stake in Texecom, a provider of intruder alarm systems, from its listed parent Halma.
Insurtech-focused venture capital firm Eos Venture Partners has hired Zach Powell as general partner to be based in South Carolina. He will be responsible for investment identification. The post Eos Venture Partners hires Zach Powell
Devyani International, India’s largest franchisee of Pizza Hut, KFC and Costa Coffee, has raised Rp18.38bn ($247.6m) from a listing of primary and secondary stock.
Hinge Capital, formerly Ventures51, has secured $19.1m for its Ventures51 Classy Fund II raise, nearly four times the size of its predecessor Fund I, according to a filing to the SEC. The post eToro backer
Further to the agreement between Wm Morrison (Morrisons) and Fortress Investment Group on the terms of an improved GBP 6.7bn takeover offer for the listed supermarket group, Clayton Dubilier & Rice (CD&R) has asked that
Advent’s technology funds make investments in smaller tech deals and co-invest in larger deals alongside other Advent-managed funds
Posted by Ariel Babcock and Victoria Tellez, FCLTGlobal, on Sunday, August 8, 2021 Editor's Note: Ariel Babcock is Head of Research and Victoria Tellez is Senior Research Associate at FCLTGlobal. This post is based on their FCLTGlobal
SPAC IPOs show time is money with speedier deal chases From Bloomberg: SPAC bosses are finding they have to speed up their deal hunt if they want to attract investors these days. About half the
New Spring Capital has hit the hard cap to close its fourth mezzanine fund on $364m, marking the largest mezzanine fund for the firm to date. The post New Spring Capital closes largest mezzanine fund
Retail and consumer-focused buyout house True has led a $2.7m seed round investment in Canadian home accessories seller Fable Home to capitalize on increase home furnishing demand boosted by the pandemic. The post Retail specialist
La Liga's proposed formation of a new commercial venture with CVC Capital Partners is opposed by the Spanish football club Real Madrid, according to a Financial Times report.
