The share price of Doosan Fuel Cell Co, a subsidiary of South Korean conglomerate Doosan Group, nosedived on Tuesday after affiliates of the parent raised a smaller-than-expected W198.6bn ($171.1m) from a block trade.
BGF has made a £10m investment in window blinds maker Decora.
The Shanghai Stock Exchange has clarified rules around red-chip companies listing on the Star board, shedding light on some areas that have previously confused bankers in China.
None of the offices that Thoma Bravo plans to close are in the UK, the firm said
BGF has invested £3m in lead generation technology company ROI.
Under the terms of the new deal, Blackstone would be required to pay €46m in damages if regulators do not approve the transaction or if it’s scrapped for other reasons
The company, called Atypical Partner, currently houses Moretti’s Three Hills Capital, Goldman Sachs-backed investment vehicle Pall Mall Legacy and hedge fund Sinclair Capital
The high-flying Chinese tech darling soared in value before admitting to revenue fabrication. Bulk purchasers of its products included firms linked to the chairman and controlling shareholder
If private equity firms cannot turn in a demonstrably better performance than the stock market soon, surely even their stoutest defenders among the investor community will begin to question the hefty fees they are paying
Bailey McCann, Opalesque New York: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020. A...Article Link
Founded in 2014, Wexus Gruppen was under Norvestor's ownership since 2017 and reported nearly €30m in revenue in 2019
Default rates rise sharply for loans popular with heavily indebted private equity-backed companies
The firm will set up an office in Rotterdam, the Netherlands, for the 11-strong team joining from Robeco
Temasek has led a $28.5m series-B funding round for agricultural biotechnology company Tropic Biosciences.
Laxman Pai, Opalesque Asia: Global Macro strategies outperformed in May, on the back of the rebound of EM and Discretionary sub-strategies (+2.4% in May), said Lyxor. Meanwhile, CTA strategies underperformed (-1.5%) on t...Article Link
The deadline for submissions is 29 June
Existing investors have participated in a $27m funding round for data centre ttechnology company Verne Global.
Fortitude Re, of Bermuda, has more than $40bn in invested assets and about $35bn in reserves
B. G., Opalesque Geneva: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020...Article Link
