Public pension plans invest $154.6bn in private markets in 2020

Public pension plans invest $154.6bn in private markets in 2020

Public pension plans tracked by investment data and analytics firm eVestment reported USD154.6 billion of commitments to private markets funds in 2020. This is a 2 per cent increase from 2019’s totals. In a pandemic-impacted year that turned fund due diligence and the...
Vintage Wine Estates to Go Public in SPAC Merger

Vintage Wine Estates to Go Public in SPAC Merger

Vintage Wine Estates Inc. has found its perfect pairing: a blank-check company that will debut the private-equity-backed winemaker on the public market. Bespoke Capital Acquisition Corp., a special-purpose acquisition company, plans to merge with Vintage Wine Estates...
Equiniti draws £600m takeover interest from US buyout firm Siris

Equiniti draws £600m takeover interest from US buyout firm Siris

A FTSE-250 company which handles share registrar and other back-office services for some of Britain’s biggest businesses has become the latest UK corporate name to attract takeover interest from a buyout fund. Sky News has learnt that Siris, a technology-focused...
Hyzon SPAC Merger Includes $400 Million Investment

Hyzon SPAC Merger Includes $400 Million Investment

Fuel cell-truck startup Hyzon Motors Inc. agreed to a merger with blank-check company Decarbonization Plus Acquisition Corp. in a deal that values the two combined at more than $2 billion. The transaction will generate about $626 million of gross proceeds, including...