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Inside Facebook and private equity’s $8.8bn bet on India’s richest man

Mukesh Ambani’s plan to bring his nation’s shoppers online – and a search for investment – draws big backers

Waterland Private Equity invests in British medical communications consultancy

Waterland said in a statement it will pursue a buy-and-build strategy with follow-on funding to support the company’s global expansion plans

Apollo collects $1.75bn for dislocated credit fund

Firm aims to take advantage of the distress caused by the coronavirus pandemic

Performance gains in April nearly push hedge fund AUM back above $3tn, but redemptions persist

Opalesque Industry Update - Investors continued to pull money out of hedge funds in April, withdrawing $18.1 billion from hedge funds around the world last month, according to the just-released April 2020 eVestment Hedge Fund

Tourmaline Partners announces majority investment from Copley Equity Partners

Opalesque Industry Update - Tourmaline Partners, an outsourced trading solutions firm, announced that it has received a majority investment from Copley Equity Partners, a private investment firm that focuses on established businesses with significant growth

KKR to invest $1.5bn in Jio Platforms joining Facebook and three other PE firms

With this investment, Jio Platforms has raised INR785.62bn from leading technology investors, including Facebook, Silver Lake, Vista Equity Partners and General Atlantic

Advent sued over stalled $1.9bn cybersecurity deal

The lawsuit is the latest to arise from deals disrupted by the coronavirus pandemic

Advent looks to sell off Cobham’s wireless business

The formal sales process has been started after Advent was approached by interested parties

Employees who don’t want to return to the office could face bonus cuts

But any employers who insist staff return, without making allowances for vulnerable workers, may also face the risk of legal action, lawyers say

Dyal Capital is looking to raise $2bn to buy up stakes in NBA teams

Dyal has begun reaching out to investors and plans to hold a first close, when it expects to receive its first investment commitments, over the summer

AMB :- 10.5% of hedge funds with double-digit returns over first four months of 2020

Laxman Pai, Opalesque Asia: The Eurekahedge Hedge Fund Index was up 4.03% in April - registering its best month since May 2009, supported by the robust performance of the underlying global equity market as represented

Turkish firm Actera raises over $650m so far for latest fund targeting $1.25bn

The Istanbul-based firm, which targets international investors, has been working to raise funds amid a turbulent period for the country

TowerBrook acquires CarTrawler as travel sector continues to face Covid-19 pressure

The private equity firm has invested €100m in the Dublin-based travel technology company

SoftBank posts its worst-ever results hit by poor tech investments

Vision Fund falls into the red as coronavirus pandemic accelerates downturn

KKR-backed Casual Dining Group set to appoint administrators

KKR and Pemberton took over the business, which runs Café Rouge, Las Iguanas and Bella Italia, in 2018

Metlifecare takes legal action over EQT’s decision to back out of acquisition

Asia Pacific Village Group, an entity owned by the EQT Infrastructure IV fund, agreed to acquire Metlifecare in December

General Atlantic to invest $870m in Indian telecom company Jio Platforms

Including General Atlantic's investment, Rio has raised more than $8bn in less than a month from Facebook, private equity firms Vista Equity Partners and Silver Lake

France’s AMF regulator suspends ban on short-selling

Opalesque Industry Update - In consideration of the progressive normalisation of the French market's risk indicators, the Autoritamp;eacute; des Marchamp;eacute;s Financiers has decided to suspend the exceptional measure imposing a ban on the creation of

Coronavirus deepens the struggles of first-time funds as investors look to established firms

Sticking to existing relationships is the safest choice for investors

Virgin Atlantic in talks with Deutsche Bank to raise over £750m

The battered British airline is discussing new sources of funding to weather the coronavirus pandemic with the bank as well as with private equity firms, as previously reported by Private Equity News

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