by Sebastian | Jun 15, 2021 | News
NewSpring’s buyout strategy, NewSpring Holdings, has raised an additional USD120 million in a funding round led by Northleaf Capital Partners (Northleaf) and Velocity Structured Solutions. The investment supports the strategic growth and expansion of NewSpring...
by Sebastian | Jun 15, 2021 | News
Cerberus Capital Management LP played a major role in relieving European banks of bad debt portfolios and underperforming assets in the years following the global financial crisis, and the private equity group’s reported interest in HSBC Holdings PLC’s...
by Sebastian | Jun 15, 2021 | News
Drawn by a growing investor appetite for alternative strategies and returns, more and more fund managers are entering the market. Today, LPs are looking for more in-depth investment data, better transparency and faster communications from fund managers. Given limited...
by Sebastian | Jun 15, 2021 | News
Software startup Sprinklr, backed by private-equity firm Hellman & Friedman, said on Monday it was looking to raise as much as $380 million through a U.S. initial public offering (IPO), targeting a valuation of about $5 billion. The company, whose customers...
by Sebastian | Jun 15, 2021 | News
Crown Resorts said on Tuesday Oaktree Capital Group had offered it $2.39bn to buyback its founder’s holding, in a deal that would give the private-equity giant a 10% stake in Crown. The latest proposal from Oaktree is for a A$2 billion private loan and a A$1.1 billion...