by Sebastian | Nov 15, 2020 | News
Private equity firms that piled into oil-production assets in the past few years now find themselves stuck, and forced to contemplate novel ways to make an exit. Even with the recent vaccine-induced surge in oil prices, industry executives say initial public offerings...
by Sebastian | Nov 14, 2020 | News
Elliott Management Corp has taken a stake in software firm F5 Networks Inc, making it one of the company’s largest investors, a person familiar with the matter told Reuters, emphasising the activist investor’s belief in operational and strategic...
by Sebastian | Nov 14, 2020 | News
CalPERS committed a total of $8.45 billion to alternative investments, according to a report to the board of the $402.9 billion Sacramento-based pension fund. The California Public Employees’ Retirement System’s staff under its discretion committed $2...
by Sebastian | Nov 14, 2020 | News, UKPEC
Profitability at Britain’s largest craft brewer fell back last year, despite a 25 per cent rise in sales to £215 million, as its fast growth came at a high price. Brewdog experienced an increase in overheads as it expanded its bar network in Britain and overseas, the...
by Sebastian | Nov 14, 2020 | News, UKPEC
The owners of the petrol stations business EG Group have raised expensive debt-like financing from sovereign wealth and pension funds, handing them hundreds of millions of pounds in fresh cash that could help fund their buyout of the UK supermarket chain Asda....