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Virgin Atlantic in talks with private equity firms to avoid collapse

Apollo, Temasek and Greybull Capital are among a dozen firms said to have meetings with the airline this week, according to The Times

Investcorp’s new strategy gains traction with investors

Investcorp’s debut fund to invest in midmarket asset managers has raised at least $160m so far, people familiar with the matter said

Where is private equity in the coronavirus crisis?

It is surprising that the private equity sector appears to be missing in the huge effort to combat the effects of Covid-19

AMB :- Level of dry powder in the private equity industry stands at a record $1.48tn as of April 2020

Laxman Pai, Opalesque Asia: The level of dry powder in the private equity industry stands at a record of $1.48tn as of April 2020, so firms have a huge amount of capital to put to

Opalesque Roundup: Hedge funds post strongest monthly gain in more than a decade: hedge fund news, week 19

In the week ending May 8th 2020, HFR reported that hedge funds jumped about 4% in April, the strongest monthly gain in more than a decade. For the year, the industry is still down 7.4%

AMB :- Opalesque Roundup: Hedge funds post strongest monthly gain in more than a decade: hedge fund news, week 19

In the week ending May 8th 2020, HFR reported that hedge funds jumped about 4% in April, the strongest monthly gain in more than a decade. For the year, the industry is still down 7.4%

AMW :- Opalesque Roundup: Hedge funds post strongest monthly gain in more than a decade: hedge fund news, week 19

In the week ending May 8th 2020, HFR reported that hedge funds jumped about 4% in April, the strongest monthly gain in more than a decade. For the year, the industry is still down 7.4%

Inflexion takes control of cloud hosting business UKFast

Founder Lawrence Jones is leaving the company following serious allegations

Goldman Sachs AM in talks to buy Invesco’s private company holdings – report

The holdings are said to be valued at several hundred million pounds and the deal could be finalised within weeks, according to Sky News

Silver Lake springs into action as its new CEOs seek opportunity in downturn

The private equity firm has become one of the most active deal makers since the coronavirus pandemic gripped the world

FTV Capital leads £78.4m investment in British pet insurance business

The London-based start-up Bought by Many reported a 150% growth in the sales of its cat and dog policies last year

Ares Management has 8% drop in value of its private equity assets

In a mixed quarter, the firm got no carried interest from some of its funds, but was able to handily raise capital for others

BoE expected to keep rates and QE despite dire UK forecasts

There are serious doubts as to whether a move on rates is the adequate tool to deal with the current crisis

KKR reports loss of more than $1bn, hurt by market volatility

The company reported $3.94bn in net losses from investment activities

Newer buyout funds set for strong returns as pandemic creates opportunities

Funds closed between 2019 and 2021 will thrive in this crisis while 2016, 2017, and 2018 vintages will be hit hardest, according to eFront

UBS shortens summer internship but says it will pay students in full

Students will meet UBS staff and senior leaders at the firm via online conferencing, a person familiar with the matter said

Blackstone hires senior managing director for growth arm from KKR

Vincent Letteri has been with KKR since 2007

Silver Lake to invest $750m in Indian tech and telecom firm Jio Platforms

Investment would value Reliance Industries unit at $65bn on heels of announced Facebook deal

Levine Leichtman acquires Belgian e-learning company SiPM

Founded in 2011, SiPM offers e-learning solutions for blue-chip corporations in over 100 countries

WeWork co-founder and former CEO sues SoftBank over failed $3bn deal

The civil complaint is the latest legal tussle over SoftBank’s multibillion-dollar rescue of We Co., the parent of the office sharing company

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