Investor confidence in private debt unshaken by Covid-19

Investor confidence in private debt unshaken by Covid-19

A survey by IQ-EQ has found that 95% of global managers, with combined overall AUM of $388bn, believe the sector will grow over the next three years. Notwithstanding the uncertain outlook projected across many asset classes, most global fund managers remain confident...
Apollo’s pursuit of PIPE deals could lead to a pandemic payday

Apollo’s pursuit of PIPE deals could lead to a pandemic payday

Apollo Global Management took advantage of the stock market dip in March with a series of PIPE deals—some of which are already paying off. While the economy was teetering on the brink of collapse, Apollo Global Management was ready to deal. In early May, the firm was...
BlackRock wins $7.1bn mandate

BlackRock wins $7.1bn mandate

BlackRock has secured a $7.1 billion (£4bn) mandate from a UK pension scheme. The investment manager will provide asset allocation and manager-selection decisions across all asset classes for the Civil Aviation Authority Pension Scheme (CAAPS), a defined benefit...
Baring Private Equity Asia to Acquire Virtusa, for $2.0 Billion

Baring Private Equity Asia to Acquire Virtusa, for $2.0 Billion

Baring Private Equity Asia, a private alternative investment firm, is acquiring Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions, in an all-cash transaction valued at approximately $2.0...