Bain Close to Ceding Control of Latin America Call Center Giant

Bain Close to Ceding Control of Latin America Call Center Giant

Bain Capital LP is preparing to hand its controlling stake in call center firm Atento SA to creditors after a share-price collapse shrunk the company’s value to less than a fifth the size of a loan secured against the private equity investor’s stake. The U.S. private...
Silver Lake takes $750m stake in Mukesh Ambani’s Reliance Jio

Silver Lake takes $750m stake in Mukesh Ambani’s Reliance Jio

Silicon Valley private equity firm Silver Lake has agreed to invest Rs56.6bn ($750m) in Reliance Jio, less than two weeks after Facebook took a $5.7bn stake in Mukesh Ambani’s fast-growing Indian digital services company. Jio, backed by Mr Ambani’s oil-to-retail...
Morgan Stanley-Backed Fund to Buy Virus-Hit S. African Firms

Morgan Stanley-Backed Fund to Buy Virus-Hit S. African Firms

Capitalworks Investment Partners Pty Ltd. plans to invest 5 billion rand ($270 million) of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic. The firm raised 25% more than planned for its Private...
Qatar Raising $7.6 Billion to Bolster Cash Reserves

Qatar Raising $7.6 Billion to Bolster Cash Reserves

Qatar’s sovereign wealth fund is pledging some of its most high-profile European equity investments to raise a $7.6 billion loan that will help the top liquefied natural gas exporter bolster its cash reserves amid plunging energy prices. The Qatar Investment Authority...