Hints and tips:
...“But I’d be hard-pressed to come up with a high-profile fund that’s abandoned fundraising,” he added. The raise also signals that LPs are willing to back General Catalyst’s unorthodox approach....
...The lenders are increasingly confident they can edge out investment banks including JPMorgan Chase and Goldman Sachs in a deal to fund Carlyle’s acquisition of a 50 per cent stake in healthcare analytics...
...But the direct lending funds they manage may begin to post lower returns, investors said....
...The New York-based investor, which manages nearly $500bn in assets including a $15bn Asian private equity fund, wants to invest more of the group’s own balance sheet directly into Japan and fast-growing...
...That sent KKR stock reeling before it quickly recovered when the hedge fund manager walked back his hysterics....
...Veritas Capital is in talks to sell a 50 per cent stake in healthcare technology company Cotiviti to private equity giant KKR, in a deal that would value the business at up to $11bn, according to three people...
...The family, and Purdue, dispute that they have much more to give, asserting that much of funds withdrawn from the company over the years went to pay taxes....
...Blackstone will sell loans that BCRED owns to the CLO as part of the deal, including debt from software maker Zendesk, cyber security business Mimecast and Unified Women’s Healthcare, which provides business...
...EIS investors can put money directly into companies or managed funds. Direct investments are more appropriate for people with a high level of expertise, who can scout out good opportunities....
...There’s already competition under way between the two camps to finance KKR’s investment in healthcare technology business Cotiviti....
...The sector has trillions of dollars invested in industries from real estate and healthcare to energy and manufacturing....
...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....
...Blackstone shelved the fund launch last year after the property fund, called Breit, was forced to limit redemptions....
...In early March, Carlyle Group appeared close to a takeover that valued healthcare software company Cotiviti at $15bn....
...Through the end of this past year, Carlyle was forced to seek an extension with investors for a new $22bn buyout fund....
...Brookfield has backed similar companies in the US, acquiring Scout Clean Energy and Standard Solar last year.X-ELIO was founded in 2005 and specialises in building, financing and operating solar plants,...
...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....
...Angelo Gordon, which manages $73bn in assets with 650 employees worldwide, has had important roles in steering recent bankruptcies such as Revlon and Envision Healthcare....
...However, Smith pointed out that despite attracting attention for his technology investments, the sector is only the third-largest in his fund, behind healthcare and consumer staples....
...The listed fund pays shareholders an $8-per-share annual dividend....
...News round-up General Electric sets healthcare division spin-off plans (Wall Street Journal) EU opens in depth-investigation in the Vivendi-Lagardère deal (Reuters) Bahrain’s Investcorp buys US private...
...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....
...Private valuations over that period, especially for hot sectors like healthcare and technology, have consistently outpaced those set by public markets in the US and Europe....
...We had to imagine we were starting a fund: where did we want to invest? What would our criteria for investment look like? We then had to scout for companies that fitted those criteria....
...He has also been a supporter of the Scouts youth organisation and a donor to the Conservative party....
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