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...Bain Capital, according to people familiar with the matter....
...or a return of investor capital that would “result in us having less funds available to acquire properties or other real estate-related investments”....
...LV, one of the country’s oldest mutually owned life insurers, was on the verge of demutualising and selling itself to US private equity group Bain Capital....
...Calpers, the largest US public pension fund, last month pledged to double its low-carbon assets to $100bn....
...Bain is down about this, saying: . . . as of January 2024, approximately 14,500 funds across the industry were on the road seeking $3.2 trillion in capital and only $1 closed for every $2.40 targeted, marking...
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...But as the fund lost value last year, Blackstone’s liability to UC has grown to $560mn....
...Data mining: Crypto venture capital opening the year strong This year the crypto market has welcomed the approval of spot bitcoin exchange traded funds and a fresh all-time high for bitcoin....
...“We’re seeing start-ups feel the impact of the funding drought thereby impacting customers,” he added....
...Consultancy Bain & Co has warned of a “towering backlog” of companies that must be sold so cash can be returned to investors such as public pension funds which have become overexposed to unlisted investments...
...And in the past year, there have been multiple signs of froth: BlackRock reckons that private funds are sitting on $4tn of capital (aka “dry powder”) they have been unable to deploy; funds are shuffling...
...The trio — Moore Kingston Smith in the UK and Moore Belgium, both backed by Waterland, and New Mountain Capital-backed Citrin Cooperman in the US — posted revenue growth more than double that of Moore Global...
...Job moves Bain Capital has promoted David Gross to co-managing partner, the highest position at the asset manager, where he will work alongside John Connaughton....
...Hedge fund Cyrus Capital will meanwhile convert a loan made to Esken into equity, picking up the company’s new minority stake in the airport, which is located 36 miles east of central London....
...“SK Hynix doesn’t want to see a stronger competitor emerge,” said James Lim, an analyst at US hedge fund Dalton Investments. “The merged entity’s market share would be double that of SK Hynix.”...
...The sector’s biggest names including KKR and Bain Capital are handing over distressed companies to the lending arms of rivals, DD’s Will Louch reports, in the latest sign of how buyout firms are struggling...
...The impact on green investment trusts is particularly significant given the need for new funds to build wind farms, solar panels and more to meet the country’s legally binding net zero targets....
...London-listed Esken on Monday said it had received a proposal from Carlyle and hedge fund Cyrus Capital to provide up to £32mn of new funding to the struggling Essex airport, resolving an ongoing row over...
...Nonetheless, the targets are still modest compared with rivals, which are forecast to earn more than double the $1.1bn Carlyle is aiming for....
...It was not easily classified as a sustainability “impact” fund, which tends to focus on private assets, and it was not an activist hedge fund, he said....
...Their strategy was put to the test again in 2022 as inflation soared and stocks and bonds saw double-digit percentage falls....
...The private equity giant has been locking horns with its rival Bain Capital over the collapse of Italian tyremaker Fintyre, in an effort to recoup more than €200mn in potential losses, reports DD’s Will...
...Preqin forecasts fundraising will almost double next year to $84bn....
...However, some pension funds and other investors in the US are now reducing the amount they allocate to the asset class, as they become concerned about the impact of higher interest rates on the sector, following...
...More venture funds from the region are going to the Gulf for financing, said a partner at a Singapore-based venture capital firm investing in south-east Asia....
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