funds

The Buoyant Fundraising Market in Europe Continues

The Buoyant Fundraising Market in Europe Continues

The European fundraising market is looking strong and aggressive. Its latest beneficiary has been Star Capital Partners. The private equity group announced this week it has raised €800 million in the upbeat market. But as fundraising has heated up, suitable assets are becoming harder to come by – turning fund’s attention away from the region.   Star Capital breaks the [...]

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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 [...]

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Plynk Raises €25m and Plans to Expand Outside ...

Irish money messaging app Plynk has secured €25 million in its recent Series A round. The investment round was led by Swiss Privée Ltd, which is a private investment trust. The fintech firm’s next step is to launch the product in the UK and Europe.   The fundraising round   The €25 million investment round was led by the Swizz [...]

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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 [...]

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GE Capital Finds a Buyer for Private Equity Unit

  Reports on Thursday suggest General Electric has found a buyer for its private equity unit. According to the reports, French alternative asset manager Ardian is buying GE Capital Equity. The deal could be worth $500 million.   The News Break Out   News agencies started reporting the news on Thursday, with sites such as Bloomberg citing insider sources. According [...]

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Private Equity Fundraising Remains Strong in Asia

  All the eyes are currently fixated in China, as Asia’s largest economy continues to show worrying signs. Private equity investors around the region and the rest of the world are also paying close attention to the problems, as well as the opportunities China’s current economic slowdown could present. While the country’s economy is troubling many investors, fundraising activity in [...]

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Private Equity Firm Grabs an Australian Copper Mine

  A joint venture, led by the private equity firm EMR Capital, has secured a deal to buy an Australian copper mine. EMR Capital is teaming up with Lighthouse Minerals in a deal worth $10.75 million. It is a relief for the mine and its owners Aditya Birla Minerals, which have struggled under the current slump in commodity prices.   [...]

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Big Private Equity Firms – Not Enough Action Over ...

  The $3.5 trillion private equity industry is facing one of its biggest challenges, as the fee structure of firms is coming under scrutiny. The call for more transparency has become increasingly heated, with new research showing firms have so far been slow to change. As pressure continues to build, many wonder whether the big private equity firms have done [...]

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Preqin: Private Equity Funds Slow to Change Fee ...

  Private equity industry has been under pressure in recent years. One of the key focus points has been the fee structure the firms use, but Preqin’s latest research shows firms have been slow to change. Most private equity firms still hang on to the old charging systems.   The Traditional Fee Structure   According to Preqin’s 2015 Private Equity [...]

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Everstone Capital Advisors Raises $730 Million with ...

  The Singapore-based private equity firm announced on Tuesday the closure of its third fund. Everstone Capital Advisors, which is the private equity arm of the Everstone Group, said it has raised $730 million with the fund, which aims to focus on investments in India and Southeast Asia.   The Fund   According to the official statement, the Everstone Capital [...]

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Private Equity Looking for Opportunities in Brazil

  Brazil is set to host the Olympic games next year with interest and excitement building on the streets of Rio. But at the same time, the Brazilian economy is faced with some massive challenges. Brazilian asset prices are plummeting, but analysts are calling for value investors to seek opportunities in the sector and perhaps help the economy get back [...]

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KKR Buys a Minority Stake in a UK Hedge Fund

  UK-based hedge fund, Marshall Wace, announced on Wednesday that the US private equity firm, KKR, has acquired a stake in the hedge fund. The private equity firm has taken a 24.9% stake in the London-based company, with the option to increase its stake in the future.   The Agreement   According to the official statement, the private equity firm [...]

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Australian Private Equity Industry Set for a Debate

  The Australian private equity industry is faced with plenty of turmoil. Private equity funds have plenty of capital to deploy, but the competitive market is making it hard to find enough profitable acquisitions. On top of this, the fee structure is under scrutiny in Australia, just like it is elsewhere in the world. The above topics are surely one [...]

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Private Equity Firm MBK Set to Buy Tesco Unit for ...

  Tesco’s South Korean unit, Homeplus, has been on sale for months, but the winning bidder seems to be emerging from the crowds. Private equity firms have been interested in the business and it looks MBK Partners has come out on top.   Reports of a Deal   The Seoul-headquartered MBK Partners is reportedly the winner of the bidding war. [...]

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British SMEs Driving Private Equity Activity in the ...

  The Greek debt crisis and the economic slowdown and stock market turmoil in China have hit businesses hard across the globe and the UK has been no different. But while the larger UK businesses have been at the forefront of the troubles, investor confidence towards the small and medium sized firms in the country remains strong.   Findings of [...]