When the pandemic knocked US stocks from record highs in February, Paul Stappard, a portfolio manager for Deltec, a private bank, scoured the stock market for companies with a record of prospering during big bouts of upheaval. He landed upon a surprising candidate:...
Stockholm-based Nordic Capital is set to acquire a majority stake in BearingPoint’s RegTech business, a regulatory reporting platform used by more than 6,000 firms including banks, insurance companies and supervisory authorities. Founded over 25 years ago,...
Carlyle has acquired a UK senior housing developer Beechcroft from London-based private equity firm Alchemy for an undisclosed sum. The US giant said in a statement that the equity for the investment came from its Europe Realty (CER) fund, a €540m pan-European real...
Global private equity Bain Capital has joined the race to acquire a controlling stake in Ajay Piramal-promoted Piramal Glass Private Limited (PGPL), two people directly aware of the development told Mint, requesting anonymity as the discussions are private. According...
Dubai’s financial regulator has been stepping up scrutiny of firms to avoid a repeat of two high-profile failures in the emirate’s private equity industry, Abraaj and Al Masah Capital Ltd. “Through our supervision work, we look to probe firms more than perhaps we did,... 