Jet leasing shake-up looms as AerCap and GE unit discuss tie-up
Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co’s GECAS, discuss a deal to forge an industry titan with more than 2,000 jets, people familiar with the matter said on Monday. The Wall Street Journal, which first reported the possible deal, […]
Nordic Capital-backed Cint lists successfully on Nasdaq Stockholm
Nordic Capital has expanded its tech and payments track record, with the highly successful IPO of Cint Group AB (publ) (Cint). Cint, a global software leader in digital insights gathering, today announced the outcome of the initial public offering of its shares on Nasdaq Stockholm. The offering was substantially over-subscribed, attracting very strong interest from […]
Colorado startups generate $2.21B in venture capital in 2020
A panel of venture capital firm leaders say Colorado’s startup ecosystem has grown rapidly in the past several years and is in a strong position to capitalize on the coming remote or hybrid work models in a post-COVID world. The panel, which was hosted virtually Wednesday morning by Westminster-based Access Venture Partners, included Costanoa Ventures […]
Reddit-led market turmoil hits big quant hedge funds
Two Sigma Investments and DE Shaw, two of the biggest names in the hedge fund industry, have posted losses after an army of retail investors on Reddit upended markets. The co-ordinated short squeeze that sent the price of GameStop and other lowly priced stocks rocketing in late January has shaken many hedge funds by hitting […]
SPACs See Asia as Next Hunting Ground for Takeover Targets
The blank-check company craze that’s taken Wall Street by storm is now spreading to Asia. A raft of funds and financiers in the region is leveraging their deal-sourcing capabilities and understanding of U.S. capital markets to jump on the bandwagon with special-purpose acquisition companies, or SPACs. Among them are former Deutsche Bank AG and Lehman […]
UK PE market bounces back after Covid-19 hit
UK private equity deal activity bounced back in the second half of 2020, although a profound slump in transactions in Q2 as lockdown gripped the M&A market meant that total annual deal volumes hit their lowest levels in more than seven years. KPMG’s latest study of UK transactions involving private equity investors indicates that a […]
Venture capital performance at new high despite pandemic
Returns from venture funds globally reached a record level in Q2 2020, despite the Covid-19 crisis, and remained high as the year progressed, according to eFront’s latest Quarterly Private Equity Performance report. Up to the end of Q3, 2020 has been an exceptional year for venture capital performance, with funds globally recording an increase in […]
Blackrock rides rising stock market to exceed forecasts
The world’s biggest money manager beat market expectations yesterday as rising equities lifted Blackrock’s assets under management to a record high. Higher levels of activity in the stock market helped to boost the group’s profits by a fifth. Adjusted net quarterly income reached $1.57 billion, up from $1.31 billion in the quarter to December 31, […]
Nest plans bold expansion into private markets
Nest, one of the UK’s largest workplace pension schemes with 10m members, is planning an aggressive push into private markets which could “comfortably” exceed a fifth of its entire £13bn investment portfolio. Nest has about 9 per cent in private markets, including 6 per cent in private credit, with the remainder in direct commercial real […]
Crossinvest (Asia)’s New Owner Already In Growth Mode
This news service talks to the former EFG Bank senior figure who has bought Crossinvest (Asia), one of a clutch of independent wealth management houses in Southeast Asia, based in Singapore. Growth is very much on the mind of Cem A Azak who, in October 2020 bought a majority stake in Crossinvest (Asia), the Singapore-based […]
