Spain’s Arcano bets on secondaries with new €300m fund

Spain’s Arcano bets on secondaries with new €300m fund

Madrid-based fund manager Arcano Asset Management has launched a secondary private equity fund, its fourth vehicle of this type, which aims to raise €300m. Arcano Secondary Fund XIV is expected to capitalise on attractive prices derived from the “uncertainty...
PE-backed Playboy to go public again in deal with SPAC

PE-backed Playboy to go public again in deal with SPAC

Playboy is going public again after being acquired by a blank-check firm, a deal that valued the brand made famous by its iconic adult magazine at $415m, the company said. Playboy, which was taken private in 2011 by founder Hugh Hefner and private equity firm Rizvi...