Virgin Australia Holdings Ltd (VAH.AX) bondholders lodged a last-ditch recapitalisation proposal for the struggling airline on Wednesday, seeking to recoup more of their investment and stop its sale to a U.S. private equity firm. The proposal, which would keep...
HarbourVest Global Private Equity (HVPE) announced results for the year ended 31 January 2020. NAV per share increase of 14.5% to $27.6 over the 12 months. The company was a net investor over the year, with $324.2m cash invested, compared with distributions of...
Private equity firms competing to win the auction of EBay Inc.’s classified-advertising business may raise up to 2.3 billion euros ($2.6 billion) of debt to fund the deal, according to people familiar with the situation. Final bids are due in the first week of July....
Canva has raised $60 million in a round that values the Sydney-based company at $6 billion. The funding comes less than a year after the graphic design business raised $90 million at a $3.2 billion valuation in October, according to PitchBook data. Co-founded in 2012...
Ares Management has closed its first special opportunities fund on $3.5 billion, blowing past an original $2 billion goal. The news comes shortly after Bain Capital raised $3.2 billion for a similar vehicle focused on distressed debt and special opportunities,...
