by Sebastian | Jan 14, 2022 | News
Petershill Partners, the London-listed subsidiary of Goldman Sachs’s asset management division, is nearing a deal to acquire a stake in private equity firm Arsenal Capital Partners, people familiar with the matter said. Petershill, which acquires minority stakes in...
by Sebastian | Jan 14, 2022 | News
The US asset manager Pimco has teamed up with BMG to acquire music catalogues, according to people familiar with the matter, the latest large investor to wade into the frenzy for song copyrights. BMG, one of the world’s largest music companies, last year agreed a...
by Sebastian | Jan 14, 2022 | News
Private equity firms have loaded more debt onto their acquisition targets than ever before, surpassing their pre-pandemic record thanks to the availability of cheap credit and the billions of dollars they have amassed to pursue new deals. Last year, companies backed...
by Sebastian | Jan 14, 2022 | News
GoStudent, which provides one-to-one video-based online tutoring, raised €300M in Series D funding led by new investor Prosus, with additional participation from Deutsche Telekom, SoftBank, Tencent, Dragoneer, Left Lane Capital and Coatue. The funding comes just seven...
by Sebastian | Jan 14, 2022 | News
The California Public Employees’ Retirement System (CalPERS) has engaged financial services company Jefferies about the potential of selling up to $6bn of its private equity stakes, according Buyouts magazine. This comes just after CalPERS announced it would be...
by Sebastian | Jan 14, 2022 | News
Private banking in Luxembourg has reached a new milestone. At the end of 2020, the sector had €508bn in assets under management, says a study conducted by KPMG on behalf of the Luxembourg Bankers’ Association (ABBL). This indicates a 100% increase since 2008 and...