KKR, Cinven, Providence Bid for Spanish Carrier Masmovil

KKR, Cinven, Providence Bid for Spanish Carrier Masmovil

Three buyout funds offered to acquire Spanish carrier Masmovil Ibercom SA, in one of the largest private equity deals since the global coronavirus pandemic started in March. KKR & Co., Cinven Ltd. and Providence Equity Partners LLC offered 22.5 euros a share for...
KKR Completes $4 Billion Fundraise for Dislocation Opportunities

KKR Completes $4 Billion Fundraise for Dislocation Opportunities

Leading global investment firm KKR today announced that it has completed a capital raise focused on investing in credit opportunities created by recent market volatility. In total, KKR raised approximately $4 billion, which includes $2.8 billion in its KKR Dislocation...
AXA entrusts CAPZA with €500m to support French SMEs

AXA entrusts CAPZA with €500m to support French SMEs

AXA will entrust CAPZA with €500m in order to enable SMEs to strengthen their balance sheets and recover from the COVID-19 shock after the implementation of emergency measures. This initiative aims to support the recovery of the French economy and to support...
The Tech Tool One Asset Manager Is Using to Ferret Out Dishonesty

The Tech Tool One Asset Manager Is Using to Ferret Out Dishonesty

Asset managers seeking an edge in the uncertainty of the pandemic might do well to turn to natural language processing the way firms including American Century Investments do — and avoid the task of digesting massive volumes of research, according to text analytics...