MultiPlan to go public in $11B SPAC deal

Healthcare services provider MultiPlan has agreed to go public through a reverse merger with Churchill Capital Corp. III, a special-purpose acquisition company that went public earlier this year, the latest sign of growing interest in SPACs as an alternative route to...

Epiris eyes KKR’s struggling Casual Dining Group

UK PE firm Epiris is in talks to buy KKR-backed restaurant operator Casual Dining Group, according to Sky News. Other suitors for the crisis-hit business include Elliott Management, but Epiris is understood to be the frontrunner. CDG, which is behind restaurant...
Julius Baer to offer private equity to ultra-wealthy clients

Julius Baer to offer private equity to ultra-wealthy clients

Julius Baer has poached a senior executive from rival Swiss wealth manager UBS to set up a new division offering private equity and debt investments to its ultra-wealthy clients. The move illustrates how a prolonged period of low interest rates has forced the likes of...
Buyouts Spark 56% Gain for Toronto’s Bedford Park Capital

Buyouts Spark 56% Gain for Toronto’s Bedford Park Capital

Early bets on two acquisition targets propelled a Toronto-based hedge fund to a 55.6% gain during the second quarter. Bedford Park Capital, run by the firm’s portfolio manager and CEO Jordan Zinberg, first purchased shares in gaming firm Seven Aces Ltd. at C$0.96 in...