Special Purpose Acquisition Companies (Spacs) have been grabbing the headlines recently in the US, with record amounts being raised for these so-called “blank-cheque” companies: over USD27.5 billion so far this year, including the USD4 billion garnered by Bill...
Two of the world’s top private equity firms have introduced coronavirus testing for staff and are paying for taxis to the office, as employees return to their desks after months of remote working. The measures come as governments push for workers to return to offices...
UK private equity and venture capital funds generated 10-year returns of 14.2 per cent in 2019, outperforming the FTSE 100 and FTSE 250, according to new research from the BVCA. The BVCA’s annual Performance Measurement Survey, produced with PwC, reports on the...
SoftBank is sitting on trading gains of about $4bn after founder Masayoshi Son drove aggressive bets on equity derivatives that helped propel the US stock market to record highs, said people with direct knowledge of the matter. The high-risk strategy has been built up...
Italy’s divided soccer league is set to meet this week to debate whether private equity has the answer to its woes. The top suitor, a group backed by Advent International Corp. and CVC Capital Partners, is increasingly concerned it hasn’t won enough support from Serie... 