Dealmaking

Abraaj founder Naqvi pitches last-ditch rescue bid to investors: Reuters

Arif Naqvi, founder of troubled buyout firm Abraaj, is making a last-ditch effort to rescue the remaining business of what was once one of the largest investors in emerging markets, Reuters reported.

Apollo finds TV station partner for Tribune Media bid, say sources: Reuters

Buyout firm Apollo Global Management LLC (APO.N) has teamed up with regional TV station owner Northwest Broadcasting in its bid to acquire another U.S. TV station owner, Tribune Media Co (TRCO.N), sources told Reuters.

PE HUB Second Opinion

In Second Opinion, BC Partners is preparing to sell its financial media firm Acuris, Amazon Web Services launches a managed blockchain service and Democrats are backing Nancy Pelosi as the next Speaker of the House.

Russian fund, UAE's Mubadala, Saudi Arabia in talks on drilling firm stake: Reuters

Russia’s sovereign wealth fund, Mubadala of the United Arab Emirates and Saudi Arabia are in talks to buy a 16 percent stake in Russian oil drilling firm Eurasia Drilling, the head of the Russian fund said on Wednesday.

PE HUB Wire Highlights, 11.28.18

Monomoy spinout MiddleGround gets anchor backing from Moelis JV; Cinven’s Bioclinica weighs sale of CCBR unit; How to manage the sponsor, CEO and CFO triangle

Colombia to create $926 mln fund with Canada's CDPQ, pension funds: Reuters

Colombia’s government has teamed up with Canada’s CDPQ and local pension funds to create a 3 trillion peso ($926 million) private equity fund to invest in domestic infrastructure, Reuters reported.

PE HUB First Read

First Read begins the day with news that Cyber Monday racked up $7.9 billion in online sales, Deutsche Bank is weighing a shake-up among its senior executives, and Jason Warnick, an Amazon veteran, is joining Robinhood to help take it public.

Managing the sponsor, CEO and CFO triangle: rules for success

Cinven's Bioclinica weighs divestiture of CCBR unit

SFW Capital reaps 9x its money with Spectro sale