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Cirque du Soleil Leaps into an Acquisition

Cirque du Soleil Leaps into an Acquisition

Cirque du Soleil has broadened its horizon and moved beyond just being a circus arts company. The Canadian company, together with its private equity owner TPG, announced an acquisition of Blue Man Productions. The group is expected to have other targets in its bold acquisition list, as it wants to expand its grip as a global entertainment group.   The [...]

Private Equity Struggling to Raise Funds in the Middle East

Private Equity Struggling to Raise Funds in the ...

Private equity and venture capital funds are not performing strongly in the Middle East, according to the latest reporting. MENA Private Equity Association published its annual report, which shows a 41% drop in private equity and venture capital funds last year. In terms of the region’s winner, UAE attracted the most interest from private equity funds.   The report’s findings [...]

Barclays to Open Europe’s Biggest Fintech Centre

Barclays to Open Europe’s Biggest Fintech Centre

Barclays announced on Tuesday that it would be opening up Europe’s biggest fintech centre. Despite the worries around Brexit, the UK-based bank is counting on the country to remain an innovation hub for financial firms by opening its co-working space in London.   Focus on nurturing new fintech startups   While the innovation centre, which will be located in Shoreditch, [...]

Private Equity Fundraising Remains Strong

Private Equity Fundraising Remains Strong

Private equity is continuing its strong performance in terms of fundraising. The latest data shows that despite deal-making slowing down, fundraising activity is breaking records – the future is set open for big deals.   North American funds making gains   Preqin’s latest research into the first quarter has highlighted strong fundraising efforts, especially by North America-focused funds. These funds [...]

Shawbrook Rejects a Major Private Equity Bid

Shawbrook Rejects a Major Private Equity Bid

When companies are faced with a lucrative private equity deal, the most common response is to take the deal quickly. Sometimes this doesn’t happen and it can leave investors and analysts puzzled. Shawbrook bank decided to go the opposite way and rejected a £825 million takeover bid – for the second time.   The UK lender had been approached by [...]

IPO Outlook Improved by Successful Block Trades

IPO Outlook Improved by Successful Block Trades

New listings might well be on the way in the months ahead. This newfound positive mood for initial public offerings (IPOs) is driven by banks selling large blocks of stock in the European market – and succeeding in the deals.   The Financial Times published a post on the positive start to the year’s IPO sector, especially in terms of [...]

Private Equity Firm 3G’s Big Takeover Plans Scrapped

Private Equity Firm 3G’s Big Takeover Plans ...

3G plans of a major takeover have ended, as the firm announces it won’t continue pursuing food giant Unilever. The Brazilian private equity firm had been part of Kraft Heinz Co’s plan to purchase the US food giant for an estimated $143 billion. But the surprise offer did not manage to excite the Unilever ownership. However, the breakdown of the [...]

SoftBank’s Unusual Entry to Private Equity

SoftBank’s Unusual Entry to Private Equity

The Japanese conglomerate SoftBank announced on Tuesday it’s buying Fortress Investment Group. The American private equity giant is an unusual purchase for the company, which has previously focused mainly on technology and telecommunications holdings.   Reuters reported the deal to be worth $3.3 billion. The deal will provide shareholders of the private equity firm $8.08 per share. This is a [...]

PE Firm Crescent Capital Partners Bids for Struggling Cardno

PE Firm Crescent Capital Partners Bids for ...

The Australian private equity firm Crescent Capital Partners has launched a bid for the engineering group Cardno. The bid is for a proportional takeover and it would value the struggling company over A$520 million.   Increasing Its Share   The private equity firm acquired a 19.9% stake in the company earlier this year. On Monday, the firm announced its plan [...]

Gender Dilemma: Using Perks to Get More Women to Private Equity

Gender Dilemma: Using Perks to Get More Women to ...

  This September is the 20th anniversary of a speech made by former US Secretary of State, Hilary Clinton. In the speech, Clinton made the famous remark, “Women’s rights are human rights”. Since the speech, focus on gender equality has increased, especially in the workplace. Yet, some industries, like private equity, continue to have problems in attracting women.   Private [...]

A London Waste Fund is Looking for a Private Equity Partner

A London Waste Fund is Looking for a Private Equity ...

  The waste and recycling industry is not often in the headlines when it comes to private equity. But the sector is growing and generating many exciting start-ups, as society is moving towards greener living. The need for new innovative waste and recycling ideas is the biggest in big cities like London. The London Waste and Recycling Board (LWARB) has [...]

Blackstone Group Invests in Money Management Company

Blackstone Group Invests in Money Management Company

  Private equity firms haven’t been very active in acquiring money management companies in the past few years, but Blackstone Group has now broken the trend. The firm made a big investment this week, as it bought First Eagle together with Corsair Capital. The Deal   The private equity firm bought a majority stake in First Eagle Investment Management with [...]

New PwC Report Predicts Private Equity to Grow to $7 Trillion by 2020

New PwC Report Predicts Private Equity to Grow to $7...

  The latest report by the global consulting firm PwC predicts private equity markets to grow in the next five years. According to the report, published on Monday, private equity assets will reach $7 trillion by 2020. The report also predicts growth on alternative assets as a whole, although global monetary policy and gross domestic product levels can still influence [...]

Is a Startup’s Success Determined by Angels?

Is a Startup’s Success Determined by Angels?

Josh Lerner and a team of researchers are studying the impact on startups by early-stage financiers.  One of their most recent papers was made available by SuperReturn 2012 organizers this week. We read the report and found that it delves deeply into the dealflow, portfolio, and long term results of two US-based angel groups. The data, although limited, was examined [...]

LPs Favor Founders in Venture Captial

LPs Favor Founders in Venture Captial

VC fundraising easier for tech founders’ funds. Raising venture capital funds may be difficult in recent times, but founders’ funds, those created by super-wealthy, tech entrepreneurs are having no problem, it seems.   It was widely reported by Bloomberg and others that PayPal founder and serial entrepreneur, Peter Thiel, has recently raised a large oversubscribed USD 625 million fund. It [...]