by Sebastian | Feb 27, 2020 | News
Mark Redman, who has been global head of private equity since 2015, made a personal decision to leave the organisation Omers Private Equity, the buyout arm of one of Canada’s largest defined benefit pension plans, has appointed Michael Graham as its new head....
by Sebastian | Feb 27, 2020 | News
More than 70% of 90 IPOs backed by buyouts between 2010 and 2014 underperformed Investors that bet on private equity-backed stock market listings have been badly disappointed. Craft beer chain BrewDog, luxury car maker Aston Martin, and discount retailer Poundland are...
by Sebastian | Feb 27, 2020 | News
BlackRock Inc.’s private equity vehicle agreed to buy Creed, a family-owned luxury fragrance maker, in its first European acquisition. BlackRock’s Long Term Private Capital is acquiring a majority of the centuries-old perfume company from Olivier Creed for an...
by Sebastian | Feb 27, 2020 | News
Univision has sold a majority stake to a group of investors, ending the Spanish-language broadcaster’s protracted and flailing sales process. The TV company known for dramas like “La Reina Soy Yo” has agreed to sell a 64 percent stake to a group of investors including...
by Sebastian | Feb 27, 2020 | News
Chinese private equity fund CMC Capital Group said it raised over $950 million in its biggest private equity fund to date, bolstering its ability to cut deals in the world’s second-largest economy. CMC Capital Partners III, the firm’s third dollar-denominated fund,...