Hints and tips:
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...“The fact that there’s not been a mega-deal doesn’t mean it’s going to be a bad year for healthcare M&A; quite the contrary it’s going to be a good year,” said Frank Aquila, senior M&A partner at law firm...
...There’s already competition under way between the two camps to finance KKR’s investment in healthcare technology business Cotiviti....
...The cost of its legal settlements, which cut into the profit pool shared by partners, was cited by some insiders as one reason why former managing partner Kevin Sneader did not win a second three-year term...
...Meanwhile, Aleph Alpha says that it can give its clients in sensitive industries such as law enforcement and healthcare “sovereignty” and transparency over their use of its AI software....
...group of senior lenders including Strategic Value Partners, Blackstone and Eaton Vance....
...The new AmSurg $1.1bn senior loan was provided by Angelo Gordon, Centerbridge Partners and Pimco....
...That has changed in recent months, with two of Blackstone’s largest rivals in the space — HPS Investment Partners and Blue Owl — already issuing CLOs backed by large private loans....
...The sector has trillions of dollars invested in industries from real estate and healthcare to energy and manufacturing....
...In early March, Carlyle Group appeared close to a takeover that valued healthcare software company Cotiviti at $15bn....
...GIC struck 63 deals involving US-based private companies including in technology, healthcare and property in 2022 and 2021, compared with 39 in 2019 and 2018, according to data by Refinitiv....
...TPG had a partnership with the credit specialist Sixth Street Partners, which the sides terminated in 2020. Shares in TPG rose 2 per cent on Monday....
...Morgan Stanley has hired Credit Suisse’s head of healthcare investment banking for the Americas Ryan Bondroff, Bloomberg reports....
...The group manages $3bn in capital and a portfolio of private holdings in the financial services, healthcare and business services sectors....
...The tea division, which includes the PG Tips and Lipton brands, was sold this week to CVC Capital Partners for €4.5bn....
...Activist investor Nelson Peltz soon after took a stake in Unilever through his firm Trian Partners and gained a seat on the board....
...’”, says McKinsey partner Anna Pione....
...Latham & Watkins has hired Aaron Gilbride as a partner in its investment funds practice, based in Washington, DC. He joins from Davis Polk....
...The US hospital staffing company Envision Healthcare, owned by the private equity firm KKR, has the lowest possible junk-grade credit rating and is at risk of bankruptcy, according to Moody’s....
...The value of KKR’s offer eclipses those deals, bringing it closer in size to Global Infrastructure Partners and IFM Investors’ acquisition of Sydney Airport for $23.8bn, the biggest all-cash takeover in...
...Job moves Private equity group Vista Equity Partners has appointed Nasdaq’s executive vice-president of investment intelligence Lauren Dillard as its new chief financial officer....
...The announcement, made days before Tiger notified LPs of its fundraising push, said that Curtius would stay for a months-long transition....
...Yap joins from Paul, Weiss where she was managing partner of the firm’s China practice, and Fernandes was previously a partner at Latham & Watkins....
...It has also acquired a series of small consumer health brands, including Smarty Pants, Olly and Onnit supplements and Liquid IV drinks mixes....
...Its private equity bets centred on healthcare and technology investments, such as Par Pharmaceuticals and McAfee, have paid off handsomely....
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