Private equity is an easy target for the critics, but is it a deserving one?
Comments from readers on our stories about Morrisons and its unwanted takeover approach are overwhelmingly negative. The great majority think that Clayton Dubilier & Rice, the private equity house, would damage the supermarkets group, sack thousands, reduce service levels, pull their favourite food lines, load up the company with unaffordable debt or “asset strip” it […]
Diversity at Private Equity Firms, Hedge Funds To See A Boost This Summer
The National Association of Investment Companies (NAIC) today announced the inaugural cohort of its new Paradigm Changers internship program for graduate and undergraduate students focused on introducing diverse women from non-traditional fields of study to the alternative investments industry. The internship program was created by NAIC to create a pipeline of women of color in […]
Latham & Watkins Expands Private Equity and Mergers & Acquisitions Practices in Los Angeles
Tana Ryan advises private equity funds and public and private companies on a variety of sophisticated corporate transactions. Latham & Watkins LLP1 is pleased to announce that Tana Ryan has joined the firm’s Los Angeles office as a partner in the Corporate Department and member of the Private Equity and Mergers & Acquisitions Practices. Ms. […]
Private equity investments hit record high of $62 billion; Saudi’s PIF top investor
Despite Covid-19, the Indian private equity (PE) landscape witnessed a record high of $62.2 billion of investment in 2020, on account of Jio Platforms and Reliance Retail deals contributing $26.5 billion. This value is around 40% of the total deal value, said a report released by Indian Private Equity & Venture Capital Association (IVCA) and […]
Ex-ASI pair launch private markets investment firm
Former Aberdeen Standard Investments (ASI) private equity heads Alex Barr and James Witter have launched Bread Street Capital Partners, a global private markets investment house. Bread Street will offer investors access to a range of private markets portfolios delivering responsible thematic, financing stage of manager exposures, with an initial focus on a series of listed […]
Carlyle predicts surge in post-pandemic deals in Japan
Carlyle’s head of Japanese operations predicts a surge in private equity trading. Business environment after the new corona Also, as the pressure on companies to achieve carbon neutrality increases, a wave of acquisitions and spin-offs will rush. In an interview with the Financial Times, Kazuhiro Yamada said the pandemic accelerated the sale of assets and […]
JP Morgan Asset Management launches Growth Equity Platform
JP Morgan Asset Management has launched JP Morgan Private Capital, which includes a new growth equity investment arm and an existing private debt business, committed to providing customised solutions for early and growth stage companies across the capital structure. The group will be focused on institutional and high-net-worth clients and will also have the ability […]
Private Equity Pushes Deeper Into Cybersecurity As Ransomware Attacks Ramp Up
In early May, a cyberattack at Colonial Pipeline prompted chaotic gas shortages up and down the East Coast. This week, a similar hack wreaked havoc on the operations of JBS, one of the world’s largest meat processors. Both were examples of the rapidly growing trend of ransomware—virtual attacks where criminals hold a company’s systems hostage […]
Private equity money keeps pouring into tech, as Cloudera becomes latest multibillion-dollar buyout
Cloudera’s agreement on Tuesday to sell to a group of buyout firms in a transaction valued at $5.3 billion continues a 2021 trend: most of the big-dollar deals in tech are going to private equity. Of the 12 largest tech acquisitions this year in the U.S., excluding special purpose acquisition companies, seven of them have […]
BlackRock CEO Larry Fink Sees Potential for ‘Big Shock’ From Inflation
BlackRock Inc. Chief Executive Officer Larry Fink said that investors may be underestimating the potential for a spike in inflation. “Most people haven’t had a forty-plus year career, and they’ve only seen declining inflation over the last 30-plus years,” Fink said at a virtual event hosted by Deutsche Bank AG on Wednesday. “So this is […]
