Ogier appoints senior partners
Dispute resolution lawyer Rachael Reynolds has been appointed as global senior partner at Ogier. Reynolds has led the Cayman litigation team on some of the largest and highest profile cases in the Cayman Islands over the last decade, including acting for investors in respect of the collapsed Abraaj Group (previously the largest Private Equity structure […]
Genstar Capital appoints Managing Director, Capital Markets
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, has promoted David Graham to Managing Director, Capital Markets In this role, Graham will continue to lead Genstar Capital’s debt financing activities for both new and existing investments and manage the firm’s financing relationships. […]
Tikehau Capital Exceeds Target With €28.5bn in Assets Under Management
Tikehau Capital Exceeds Target With €28.5bn in Assets Under Management at End-December 2020, Driven by €4.2bn in Net New Money From the Asset Management Business Tikehau Capital, continued its growth trajectory throughout 2020, despite a deteriorated health and macroeconomic backdrop. Driven by its strong corporate culture and entrepreneurial spirit, the Tikehau Capital team remained fully […]
Oxford University and Global Accelerated Ventures launch Conservation Venture Studio
Oxford University, Global Accelerated Ventures, and the research commercialisation arm of the university, Oxford University Innovation (OUI), are launching The Oxford GAV Conservation Venture Studio (OXGAV). The Studio will support the research and development of exceptionally promising innovations by interdisciplinary scientists across a dozen departments at Oxford University and will enable the outputs of this […]
Fruit business sale to private equity firm wins DOTM
A Nasdaq-listed natural products company selling a fruit business in Northamptonshire to a Warwickshire-based private equity firm has been named as the Deal of the Month for January. The Hain Celestial Group divested Orchard House Foods, which has a base in Corby, to Elaghmore in Leamington Spa for an undisclosed sum. At the time of […]
KKR deploys record US$12.5 billion as firm ramped up dealmaking
KKR & Co. deployed a record US$12.5 billion in the fourth quarter, finding buying opportunities in the market turbulence of the COVID-19 pandemic. New York-based KKR also had a record fundraising for the year, taking in about US$44 billion, according to a statement Monday. KKR “had the most active fundraising and deployment year in our […]
U.S. insurance asset sales attract new private equity players
U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such as Sixth Street Partners and KKR & Co Inc have spent billions of […]
Bain Capital Boosts Japan Staff by 25% as Competition Grows
Bain Capital is expanding in Japan as competition intensifies among the world’s largest private-equity firms to win deals from businesses undertaking overhauls. The U.S. company increased its Tokyo headcount by 25% last year to more than 50 people, mainly by recruiting investment professionals, and is open to hiring more, Managing Director David Gross-Loh said. Bain […]
How Covid Took Niche Private Equity Deals Mainstream
Private equity is about buying and selling companies, and it’s a business that runs on borrowed money. Buying, selling and borrowing all were complicated last year by market turmoil caused by the pandemic, as were payouts to investors. PE firms responded by turning to unorthodox or little-used techniques to reshape the ways an ever-bigger slice […]
American private equity firms comes to English soccer. Winning tactic or an own goal?
When Burnley Football Club announced, on New Year’s Eve, that American private equity firm ALK Capital had acquired a majority stake in the soccer team, it was viewed as a boon for the club from the modest town in northwest England. Burnley have been consistent overachievers in England’s fiercely competitive Premier League in recent years, […]
