Brookfield to Discuss Rejoining Virgin Australia Bidding

Brookfield to Discuss Rejoining Virgin Australia Bidding

Brookfield Asset Management Inc. is in discussions with administrators for Virgin Australia Holdings Ltd. over rejoining the bidding for the airline after withdrawing from consideration, people familiar with the matter said. The Canadian asset manager had submitted a...
£45bn Midlands pension fund group names new investment chief

£45bn Midlands pension fund group names new investment chief

LGPS Central, one of the eight public-sector pension fund managers that invest the savings of local government workers, has named its new permanent chief investment officer – promoting Gordon Ross from deputy to chief. In a 21 May statement, the fund said that...
Private Credit Market to See M&A as Virus Forces Consolidation

Private Credit Market to See M&A as Virus Forces Consolidation

The $800 billion private credit market may see more M&A among lenders as some are forced to contend with problems in their own debt portfolios. Over the next year or two the market is likely to see more consolidation among private credit providers, as less...
Bain Capital Plans Second-Round Bid for Virgin Australia

Bain Capital Plans Second-Round Bid for Virgin Australia

Bain Capital LP is preparing a second-round proposal to become the owner and operator of Virgin Australia Holdings Ltd., the U.S. alternative asset manager said on Sunday. Its Sydney-based managing director Mike Murphy is leading the team bidding for Virgin Australia,...