LPs are focused on evaluating the impact of the pandemic in the portfolios before considering new commitments, said Christopher Godfrey, president at investment consultancy and data provider Cepres
The firm said that around 65% of its portfolio is resilient to the disruption caused by the pandemic
Laxman Pai, Opalesque Asia: Churchill Asset Management announced that it has completed fundraising for the Churchill Middle Market Senior Loan Fund II with $2 billion in limited partner commitments, exceeding its origina...Article Link
Although it expects “short-term declines” in its portfolio valuations, the firm said it will continue to drive long-term growth
Posted by René M. Stulz (Ohio State University), on Monday, March 23, 2020 Editor's Note: René M. Stulz is the Everett D. Reese Chair of Banking and Monetary Economics at the Fisher College of Business
Opalesque Industry Update - The hedge fund industry experienced $21.2 billion in inflows in January, reversing a two-month redemption trend in a turnaround from December's $29.0 billion in redemptions. January's inflows represented 0.7% of industry
After a stellar 2019, the listed buyout group was more cautious in its 2020 forecast, set to be affected by the Covid-19 outbreak
Hellman & Friedman will acquire the company from New York-based venture capital firm Insight Partners
The effects of the virus will deepen a dealmaking crisis that has already led to a significant drop in fees for mergers and acquisitions and stock market listings
The group said that a temporary slowdown in investment activities and fundraising cannot be ruled out
Secondary asset buyers and intermediaries see valuation uncertainty complicating deal pricing
The volatility has caused some M&A and initial public offering deals to be put on hold
The fundraising market is struggling to keep up the pace in the face of virus fears
HSBC might be in the middle of a big restructuring, but that isn’t stopping plans to develop mid-market M&A efforts in France, Germany and Asia as well as the UK, writes David Rothnie. The bank
High valuations, mistakes in the sale process and political uncertainty are cited as causes of the record failures in Europe
The firm bought a majority stake in the French business in 2017 at an enterprise value of roughly €1bn
Laxman Pai, Opalesque Asia: Investors on the hunt for yield continued to commit capital to private equity in 2019, boosting total fundraising to $595bn, according to a study. Preqin Investor Outlook AlternativeAssets H1 ...Article Link
Private equity firm is known for backing companies like fashion house Hugo Boss and valuation-advisory company Duff & Phelps
The leveraged loan market has taken a leg wider as coronavirus fears sweep the capital markets. But the primary markets are sucking up the larger discounts and fatter margins and forging ahead, with Polynt-Reichold, Genesis
The firm is preparing to launch the largest-ever buyout fund in the region with a €20bn target and a €5bn strategy designed for long-term investors
