Dr Martens will make stock market debut at value of £3.7bn
Investor demand means famous boot brand’s IPO is eight times oversubscribed. Dr Martens will make its stock market debut at 370p a share, giving it a valuation of £3.7bn at the top end of its range after keen investor demand for the famous boot brand meant the offer was eight times oversubscribed. As part of […]
Malaysia private equity firm Creador targets July IPO for credit agency
Malaysian private equity firm Creador, which is hitting the road to raise up to $650 million for its fifth vehicle, is also preparing its exit pipeline for 2021, according to founder and CEO Brahmal Vasudevan. Creador, which has closed two big vehicles in the last five years, hopes to divest its more than five-year-old stakes […]
Palatine appoints experienced Investor Relations Director
Palatine, a mid-market private equity firm, has appointed Tim Crowley as Director of Investor Relations. He will work alongside Gary Tipper, Palatine’s Managing Partner, and the business’ senior management team to support current investors and develop relationships with new Limited Partners. Crowley’s remit will include both of Palatine’s current funds: the Buy-Out Fund which invests […]
EQT takes next step in its Asia-Pacific strategy – opens office in Japan
In line with EQT AB’s strategic roadmap outlined at the IPO in 2019, growing in the Asia-Pacific region is a key focus area. As the next step on that strategy, EQT has announced the establishment of a local EQT Partners office in Japan. The first EQT investment advisory team to establish in Japan is the […]
LDC appoints new investment director in Yorkshire
Mid-market private equity investor LDC has further strengthened its Yorkshire team with the appointment of Will Scales as an Investment Director. As Investment Director, Scales is responsible for identifying potential investment opportunities, leading transactions and supporting the management teams of LDC’s portfolio businesses as they pursue their growth ambitions. Scales, who will be based in […]
Blackstone Deploys $25 Billion to Ramp Up Spending
Real estate, private equity lead record capital deployment. Firm sees growth opportunities despite pandemic challenges. Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world’s biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent $11.7 billion on […]
NBA franchises get green light to sell 30% of shares to private equity firms
Basketball league’s board sets limit at 20% stake per institutional investor, reports Sportico. The National Basketball Association (NBA) has moved closer to a framework for allowing private equity investors to own minority stakes in multiple franchises, according to a report by Sportico. The report says the NBA’s board of governors has agreed that private equity […]
EQT Expects ‘Significantly’ More Exits in Healthy Deals Market
EQT AB, one of Europe’s biggest private equity firms, plans to exit “significantly” more companies this year than in 2020 if the market remains healthy. Christian Sinding, chief executive officer of the Stockholm-based company, said companies high up on his list include SUSE, a German enterprise software developer, and Anticimex, a Swedish pest control business. […]
Blue Horizon appoints Managing Partner & COO
Blue Horizon, a pure play thematic impact investor in the alternative protein sector, has appointed Sedef Köktentürk as a Managing Partner & COO to join the executive team and lead on impact. Köktentürk complements the management team of Blue Horizon and will be responsible for leading on impact, client solutions, operations and technology, initially focusing […]
KKR Appoints Michael Small as Partner in European Credit & Markets Team
Appointment further demonstrates focus on scaling KKR’s Private Credit business globally KKR, a leading global investment firm, today announced the appointment of Michael Small as a Partner in KKR’s European Credit & Markets team. In his role, Michael will have certain origination, execution and fundraising responsibilities for KKR’s Private Credit business and the broader Credit […]
