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Tidjane Thiam resigns as Credit Suisse CEO amid spygate fallout

Resignation comes after reports of a power-struggle between management and investors over the future leadership of the Swiss bank

Hg invests in smartTrade Technologies

The deal will be made via the Mercury 2 Fund, which closed in 2017 at £575m and is 65% deployed, the firm said

Apollo buys drugmaker Covis from Cerberus

The deal, which is expected to close in the first quarter of 2020, was reported to be worth over $700m

Activist Elliott Management builds more than $2.5bn stake in SoftBank

Activist fund pushes for stock buybacks and for the tech giant to improve corporate governance to boost share price

INVL Baltic Sea Growth fund closes at €165m falling short of initial target

Managing partner Darius Šulnis says the amount raised is enough to implement strategy and deliver strong returns

Pemberton hires new head of Spain from RBS

Leticia Ruenes will lead the private credit manager’s activities in Spain

Bernie Madoff says he is dying and requests prison release

Madoff, one-time chairman of the Nasdaq Stock Market, was convicted of defrauding investors out of billions

Cheesed off: Telepizza bonds binned on restructuring talks

Telepizza bonds sold off by around 30 points on Monday on news that the company had appointed restructuring advisors, available liquidity was sharply lower than the market expected, and it needs around €100m of new

AMB :- Private equity assets under management (AUM) crosses the $4tn threshold in 2019

Laxman Pai, Opalesque Asia: The private equity industry's assets under management (AUM) crossed the $4tn mark, which puts private equity on course to reach $5tn in AUM by the end of 2022. The asset class

Opalesque Exclusive: Carbon Cap's World Carbon Fund wins Amsterdam AIF Factor prize

Matthias Knab, Opalesque for New Managers: The 9th ABN AMRO Amsterdam Investor Forum (AIF) organized by ABN AMRO Clearing on Feb. 5th 2020 saw once more five alternative investment funds competing to deliver the "most

AMB :- Opalesque Exclusive: Carbon Cap’s World Carbon Fund wins Amsterdam AIF Factor prize

Matthias Knab, Opalesque for New Managers: The 9th ABN AMRO Amsterdam Investor Forum (AIF) organized by ABN AMRO Clearing on Feb. 5th 2020 saw once more five alternative investment funds competing to deliver the &quo...Article

HSBC promotes strategy chief to regional Emea head

Stephen Moss, head of strategy and planning, has been promoted ahead of a wider restructure at the bank

Global private equity crosses the $4tn assets mark – report

The industry's assets under management could reach $5tn by the end of 2022, says data provider Preqin

Carlyle posts narrower quarterly loss

Private equity firm posted net loss of $8.3m, compared with loss of $10.1m in comparable quarter last year

AMB :- Preqin All-Strategies Hedge Fund benchmark returned a net 11.45% in 2019

Laxman Pai, Opalesque Asia: The Preqin All-Strategies Hedge Fund benchmark returned a net 11.45% in 2019, only the second time in six years that performance has hit double digits. "Hedge fund performance improve...Article Link

Apollo sues two more executives in dispute over insurance rival

Leon Black’s Apollo is expanding its legal battle over the creation of a rival of its Athene insurance business by Imran Siddiqui, a former Apollo senior partner

Jeneration Capital raises $622m so far for fund focusing on tech in Asia-Pacific

Hong Kong-based investor founded by a former Silver Lake executive backs technology and tech-enabled businesses across Greater China

Wanted: Nominations for Private Equity Rising Stars

We are looking for young executives who are making their mark on the European private equity industry

Stirling Square closes €950m fund targeting mid-market opportunities

The size of the fund has surpassed its predecessor, which closed at €600m in 2016

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