Private equity investor indicates interest in investing in mm2 Asia core business
A SINGAPORE private equity investor is interested in investing in one of mm2 Asia’s core businesses, the mainboard-listed entertainment group said in a Singapore Exchange filing on Sunday, without specifying the business area. mm2 Asia said it has received a non-binding term sheet, expressing interest in a potential acquisition involving taking a minority stake in […]
Victory Park Capital provides credit facility to Cap Hill Brands
Victory Park Capital (VPC), a leading global alternative investment firm, has closed a multi-year credit facility with Cap Hill Brands, a technology-driven consumer goods platform that acquires and operates e-commerce brands with an initial focus on Amazon-first brands. The credit facility marks the third deal that VPC has closed in the e-commerce sector since Q3 […]
Appalachia gas producer Alta Resources exploring $3 billion sale -sources
Privately-owned Appalachian gas producer Alta Resources is exploring options that include a sale of its acreage for more than $3 billion, people familiar with the matter said on Thursday. The move comes as a prolonged slump in energy demand, caused by the COVID-19 pandemic, puts pressure on many North American oil and gas exploration and […]
Squire Patton Boggs adds new partner in London
Squire Patton Boggs has further expanded its Global Corporate Practice in London with the appointment of partner Julian Thatcher. Thatcher joins the firm from private equity (PE) investment firm MHMK Capital Group, where he was an executive in a sub-Saharan African PE fund carrying out transactional and legal work alongside origination and business development. He […]
$73B Private Equity Firm Announces Miami Office To Tap Into Region’s Growing Tech Community
Miami has landed another big investment company – and its billionaire founder has purchased a home here. Thoma Bravo, a private equity firm with more than $73 billion in assets under management, announced it is opening an office here in the second half of 2021. The company said it hopes to tap into Miami’s “rich […]
Nomura to boost private equity unit as buoyant markets fuel profits
Bank also hopes to benefit from M&A splurge by Japanese companies seeking growth abroad Nomura will beef up its private debt and private equity units as emergency fundraising by coronavirus-hit companies and booming global markets helped the Japanese investment bank record historically strong profits. The Tokyo-based lender, which is approaching the end of its first […]
Wheels Up to go public via merger with SPAC in $2.1 bln deal
Wheels Up Partners Holdings LLC said on Monday it had agreed to go public through a merger with blank-check firm Aspirational Consumer Lifestyle Corp, valuing the private jet charter company at $2.1 billion. The New York-based company is set to receive $790 million in gross proceeds on the transaction, including $550 million from investors such […]
11 big things: The seismic saga of GameStop and Robinhood
The saga of GameStop is a story about the stock market. But it is also a story about politics. About power. About laws, memes, tech startups, wealth inequality, trolling, social media moderation, nostalgia, online organizing and mass psychology. And it is also a story about the private markets—which are, after all, the domain of this […]
UK private equity deal activity bounces back in second half of 2020
According to Big Four auditor KPMG, 889 deals were completed last year, with a total value of £87.2m. The figure is the fewest private equity transactions seen in the UK since before 2014, and a fall of 26 per cent on the previous year, which saw 1,199 deals worth £107.7bn. After slowing to a near […]
Softbank will invest $100 million to make Miami a new tech hub
Softbank Capital, the Japanese multinational conglomerate, wants Miami to become a bigger player in the tech ecosystem and it’s putting $100 million into the effort. On Thursday, Softbank Chief Operating Officer Marcelo Claure and Miami Mayor Francis Suarez announced a $100 million venture capital initiative to support Miami-based businesses and tech startups that are relocating […]
