The covid-19-led market disruption may clean up the private equity (PE) ecosystem, with some investors, especially smaller funds, shutting shop and bigger fund managers cornering a bigger share of the capital. “This dislocation may lead to a clean-up of the sector....
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...
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...
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 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,... 