by Sebastian | Apr 5, 2021 | News
Family office investors in recent years have poured more money directly into private companies in the quest for higher returns and greater control over their investment portfolios. Now, more of these private-investment firms are luring away private-equity talent,...
by Sebastian | Apr 5, 2021 | News
Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund. The announcement comes less than two years after the buyout firm...
by Sebastian | Apr 5, 2021 | News
Invitae Corp said on Monday a group of investors including SoftBank Group Corp will invest $1.15 billion in the U.S. genetic diagnostics company. It said the investment, to be used for its growth initiatives, will be in convertible senior notes, which will bear 1.5%...
by Sebastian | Apr 4, 2021 | News
Fast-trading, social-media-obsessed investors have driven the special-purpose acquisition company craze. One of the biggest SPAC creators is a staid insurance executive who wants nothing to do with them. Billionaire Bill Foley, owner of the Vegas Golden Knights team...
by Sebastian | Apr 4, 2021 | News
Carlyle said it agreed to sell Liberty Tire Recycling LLC to infrastructure investor ECP, which people familiar with the matter said is paying roughly $750 million for the company. The deal for the tire-recycling company reflects the continuing efforts by Summit,...
by Sebastian | Apr 4, 2021 | News
Hertz Global Holdings Inc. has picked a restructuring offer from company bondholders and private-equity investors that have agreed to supply billions of dollars in equity capital the bankrupt rental car provider needs to leave chapter 11. Hertz tapped a consortium...