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 […]
Google Co-Founder Brin’s Family Office to Open in Singapore
The family office of Google co-founder Sergey Brin is setting up a branch in Singapore, joining the rush of uber-wealthy clans toward the Southeast Asian financial hub. Bayshore Global Management, the California-based firm that services Brin, established an office in Singapore late last year, according to documents filed with the corporate regulator. Deputy Chief Investment […]
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 […]
A Twist In Style: How Distressed And Bankruptcy Investing Is Different This Time
Distressed investing is one of these trends, like shoulder pads, where one must be exacting not only with timing but also interpretation. Both are coming back strong in 2021. The time is right. Cornerstone Research reported that 138 companies with more than $100 million in assets filed in the first three quarters of 2020, 84% […]
ASOS emerges as surprise frontrunner to clinch TopShop crown
The online fashion retailer is leading the race to buy the biggest brand in Sir Philip Green’s former empire Sky News has learnt that ASOS has moved into pole position to buy the brand for more than £250m, days after a consortium led by Next withdrew from the race. If successful, it may renew fears […]
Venture capital funding in India hits $3.1 billion in fourth quarte: KPMG
This compares to $3.6 billion in the previous quarter, said a KPMG report With 294 deals, venture capital investment in India reached $3.1 billion in the fourth quarter of 2020, compared to $3.6 billion in the previous quarter, said a KPMG report. While VC investment dropped somewhat during the fourth quarter of 2020, India saw […]
Start-up funding dries up as GCC investor ecosystem adapts to pandemic
Some private equity players are also looking into venture capital space to participate in the tech play in the region The pandemic-hit GCC start-up funding ecosystem is in slowdown, with investors choosing more carefully where to place their bets in the wake of the market seeing a correction in valuation, according to experts and venture […]
Private equity pushes into healthcare: 8 latest deals
There were more than 300 private equity deals in the healthcare industry in 2019, and the healthcare sector has continued to draw private equity investors over the past year. Here are eight private equity deals announced since Jan. 1: 1. Water Street Healthcare Partners invested in Southern Scripts, a Natchitoches, La.-based pharmacy benefit management company. […]
Private Equity Has Used the Same Recipe for Returns for Decades. That’s About to Change.
EY sees four megatrends combining to “upset the existing order” in private equity. Private equity firms need to make fundamental changes to their business model to catch up with technology transformation, investors’ focus on social issues and environmental damage from companies, and the potential for more scrutiny from regulators, according to a new report from […]
