Canadian pension funds and insurers are facing a shrinking universe of higher-quality private debt investments to lift returns in a low-yield world, as the coronavirus pandemic has crushed many businesses, while banks maintain lending to better ones. The tightening...
Nick Jones, the founder of Soho House, wants to be friends with everyone. Members and employees, its suppliers, landlords and investors. Even in some of the toughest times he has ever known, the private club impresario has no time for acrimony. “I’m in the hospitality...
Guggenheim Funds Trust filed an amendment with the U.S. Securities and Exchange Commission to allow its $5 billion Macro Opportunities Fund gain exposure to bitcoin by investing up to 10% of the fund’s net asset value in the Grayscale Bitcoin Trust (GBTC). According...
Everstone Capital, the largest private equity investor in the Indian restaurants segment, will clock neat returns in a partial exit from its seven-year investment in Burger King India Ltd through the fast-food chain’s initial public offering beginning next week....
Following the announcement earlier this month that Korean Air will take over Asiana Airlines, attention is being focused on whether domestic private equity firm (PEF) Hahn & Company will take over the company that provides in-flight meals to Asiana, as it has... 