Singapore’s GIC reported its lowest 20-year inflation-adjusted returns — the sovereign wealth fund’s barometer of choice for long-term investment skill — since the global financial crisis. The 2.7% annualized real return was a “resilient”...
Private equity-owned companies are again raising debt to pay their owners dividends, just as warnings sound about saddling businesses with more leverage in the midst of a downturn. This month Baltic telecommunication firm Bite and U.S.-based Epicor Software Corp. have...
Private investment firm RedBird Capital Partners has announced it filed with the Securities and Exchange Commission as it looks to take a new blank check company public. The company, RedBall Acquisition, has applied to list on the New York Stock Exchange under the...
French private equity firm Eurazeo (EURA.PA) has invested $33 million in Thought Machine, a British-based fintec company founded in 2014 by former Google (GOOGL.O) engineer Paul Taylor which has set up software systems for banks. Eurazeo added on Tuesday that Thought...
The COVID-19 pandemic has pushed global financial markets into a prolonged period of volatility and uncertainty (see our article on the impact of COVID-19 on M&A deal flow), reminiscent of the 2007-08 financial crisis. Many businesses have languished since March.... 