Pan-European asset manager Tikehau Capital’s subsidiary Ace Management has held a EUR630 million first close of Ace Aero Partenaires, a fund focused on helping companies in the aviation industry that have been severely affected by the Covid-19 pandemic. The initiative...
Private equity firm Permira bought a 60% stake in the children-focused business of language tutor EF Education First, valuing it at around $1.5 billion, according to two sources with direct knowledge. Permira and EF declined to comment. The sources, one of whom...
Thompson Street Capital Partners (TSCP), a private equity firm based in St Louis, has completed the sale of Analytical Lab Group (ALG), a microbiology and viral lab, to Element Materials Technology (Element), one of the world’s largest providers of materials and...
The coronavirus pandemic has profoundly affected the global transportation system, with social distancing and stay-at-home orders transforming consumer behavior. Yet despite what will likely be a substantial impact in the near future, long-term prospects for startups...
Singapore’s GIC reported its lowest 20-year inflation-adjusted returns — the sovereign wealth fund’s barometer of choice for long-term investment skill — since the global financial crisis. The 2.7% annualized real return was a “resilient”... 