Reuters News

Blackrock sets up European direct lending platform with Caron hire-Reuters

Blackrock has set up a direct lending platform in Europe with the appointment of managing director Stephan Caron, Reuters reported.

Alibaba invests $50 million in TV remote app maker Peel-Reuters

Peel, the maker of an app that acts as a "smart remote" for TVs, said it secured an additional $50 million in funding from Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N).

Singapore's Temasek to buy $82 mln stake in India's Devyani, say sources-Reuters

Temasek Holdings has agreed to invest 5 billion rupees ($82 million) to buy a stake in Devyani International, operator of KFC, Pizza Hut and Costa Coffee chains in India, sources told Reuters.

France's Spie drops listing plans as investor appetite fades-Reuters

Energy services group Spie pulled its plan to raise funds on the stock market on Thursday, cancelling what would have been France's biggest listing since before the financial crisis as investor appetite wanes, Reuters reported.

US regulators tighten grip on Wall Street lending

US regulators have started to audit loan books of Wall Street banks on a monthly basis in a major push to curb aggressive underwriting, according to Reuters IFR Magazine and Loan Pricing Corp.

Calpers selects GCM Grosvenor to run private equity commitment: Reuters

The California Public Employees' Retirement System said on Wednesday it would employ GCM Grosvenor to run its new $200 million private equity emerging manager commitment.

Vista Equity in talks to acquire TransFirst, say sources-Reuters

Buyout firm Vista Equity Partners is in talks to acquire TransFirst Inc, a payment processing company that has filed for an initial public offering, for as much as $1.5 billion including debt, sources tell Reuters.

Abraaj Group buys majority stake in South Africa's Libstar-Reuters

Emerging market-focused private equity firm Abraaj Group has bought a majority stake in Liberty Star Consumer Holdings (Libstar), a South African food and personal care product manufacturer, it said on Wednesday.

OpenView Venture Partners raises $250 million fund-Reuters

OpenView Venture Partners said it had raised a $250 million fund, its fourth, amid a strong environment for venture fundraising.

Citi personal loan business OneMain files for IPO-Reuters

Citigroup Inc's consumer finance unit, OneMain Financial Holdings Inc, filed for an initial public offering of its common stock, a big step in the No. 3 U.S. bank's plan to sell unwanted assets and focus on wealthier clients, Reuters reported.