Private Equity
Newport Beach, California and Waltham, Massachusetts-based Windjammer Capital Investors has closed its fifth fund at a hard cap of $870 mln.
1 min read · 06 December 2018
In Second Opinion, the Dow sinks 400 points after a Huawei executive's arrest renews U.S.-China trade fears, Congress passes a temporary spending bill, averting a government shutdown and Sears Chairman Lampert makes a $4.6 billion bid to buy the bankrupt retailer.
1 min read · 06 December 2018
Israel’s InterCure (INCR.TA), which recently entered the medical cannabis market, plans to list on Nasdaq by mid-2019, its controlling shareholder, Alex Rabinovitch, said on Thursday.
2 min read · 06 December 2018
KKR leads Cross River’s $100 mln raise; ArcLight explores secondary process on older fund; PE HUB readers respond to #metoo backlash
3 min read · 06 December 2018
3 min read · 06 December 2018
Private equity firm Blackstone Group LP (BX.N) is readying an initial public offering (IPO) of Alight Solutions LLC, a U.S. provider of healthcare and retirement benefits services that could be valued at more than $7 billion, including debt, Reuters reported.
2 min read · 06 December 2018
Financial news provider TheStreet Inc on Thursday said it will sell its B2B business units, The Deal and BoardEx, to London-based Euromoney Institutional Investor Plc for $87.3 million, as it explores wider options for the company, Reuters reported.
1 min read · 06 December 2018
First Read starts the day with news that Blackstone is planning an IPO of Alight Solutions, USA Gymnastics files for bankruptcy, and Canada has arrested the CFO of China’s Huawei Technologies.
1 min read · 06 December 2018
In Second Opinion, documents show Facebook gave some companies special access to users' data, Apollo's Leon Black says credit markets are in "bubble status" and in a funeral attended by all living presidents, the nation bids farewell to the 41st president George H.W. Bush.
1 min read · 05 December 2018
2 min read · 05 December 2018