Bain Capital Credit has closed a new distressed debt and special situations fund, with more than $3.2 billion in commitments, according to Jeff Robinson, one of the firm’s managing directors. About 50% of that total has been invested and committed, with the majority...
KKR & Co. expects to at least triple its investments in Vietnam in the next decade as it seeks to capture rising demand from the Southeast Asian nation’s growing middle class. The U.S. buyout firm’s investments in Vietnamese assets crossed $1 billion after a...
The world’s biggest asset manager BlackRock has pumped about 16 billion euros (US$18 billion) into 810 European companies since the end of January, more than half of them in distress due to the coronavirus pandemic, a source with direct knowledge of the matter...
On the back of a very robust performance of the existing portfolio, Evoco’s next fund will continue its highly successful strategy: acquiring portfolios of lower-mid market companies in the DACH area. Evoco, the Zürich-based private equity firm has raised more than...
Technology companies are spending less and less time on stock markets, as private equity firms, armed with a record amount of dry powder, move fast to take them private. The median time from initial public offering to buyout since the financial crisis has narrowed to...