The Day of Reckoning for Private Equity

This crisis is likely to mark the apex of private equity – irrespective of how the drama around accessing government loans plays out. The Global Financial Crisis catalyzed a fundamental change in the hedge fund industry.  Caught in the crossfire of a financial system...
Banks Have $13 Billion of Junk Debt They Can’t Wait to Sell

Banks Have $13 Billion of Junk Debt They Can’t Wait to Sell

For banks sitting on a pile of high-risk debt they’ve been unable to sell, the full return of Europe’s junk debt market cannot come too soon. Amid the upbeat mood that prevailed before the coronavirus struck Europe, banks agreed to provide nearly $13 billion of bonds...
Carlyle is said to search for new managing director in India

Carlyle is said to search for new managing director in India

Carlyle Group Inc. has kicked off its search for a new senior manager in India, where the private equity firm has invested about $2.5 billion, according to people familiar with the matter. The buyout firm is working with headhunting company Egon Zehnder to look for a...
Investcorp Raises $275 Mln for Asia Food Private Equity Platform

Investcorp Raises $275 Mln for Asia Food Private Equity Platform

Investcorp, a Bahrain-headquartered global alternative investment manager, has announced the first closing at $275 million, of its Asia food brands private equity platform.   The platform is jointly owned and managed by Investcorp, China Resources, one of the...