Hints and tips:
Related Special Reports
...Sean Tong, the co-founder of China’s Boyu Capital, a leading private equity firm set up by a grandson of former Chinese president Jiang Zemin, relocated to Singapore from Hong Kong during the early stages...
...credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which it recently invested $250mn alongside Sequoia...
...The company’s major backers include billionaire Jeff Yass’s Susquehanna International Group, Sequoia Capital and its Chinese split-off HongShan as well as Yuri Milner’s DST Global and SoftBank....
...That is due not only to the greater number of retail investors trading the stocks, but also to the growing popularity of sometimes-controversial equity fundraisings that can flood the market with new shares...
...Wellhub’s most recent funding round last year raised $85mn from investors led by EQT Growth, an arm of the European private equity giant, giving it a valuation of $2.4bn....
...He’s also a former Sequoia leader....
...But it’s not all bad news for private equity. The lack of deals and an avalanche of money that has poured into credit markets is beginning to relieve headaches across the private equity world....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...ByteDance’s US investors include the likes of private equity firm General Atlantic as well as Susquehanna International Group and Sequoia Capital....
...In today’s newsletter: Sequoia’s wild year CVC’s bet on infrastructure Arm’s new and equally puzzling valuation Sequoia’s bumpy year leaves investors at a crossroads In just 12 months, Sequoia Capital...
...Investors including Goldman Sachs’ growth equity fund and Sequoia Capital will acquire the employee shares as part of a tender offer announced on Wednesday....
...Firms including Sequoia, T Rowe Price, Fidelity and Andreessen Horowitz that invested a combined $265mn in Instacart in 2021 saw that investment collapse by 75 per cent....
...Sequoia Heritage invests separately from Sequoia Capital. Last month, Moritz stepped down from his role at Sequoia Capital to focus on his Heritage investments full time....
...US-backed private funds have for much of the past decade been among the most active investors in China’s burgeoning consumer and internet sectors, as the likes of Sequoia Capital and Silver Lake financed...
...The equity strategists we follow have seemed mostly unworried about sentiment....
...As of that date, the Elliott funds have had no equity interest in, or control over, AC Milan.”...
...An estimated $8bn has been invested by private capital companies, including Sequoia Capital, Susquehanna, General Atlantic and Coatue Management....
But the boost to liquidity can prove shortlived
Zero-problem options?
...BlackRock’s US Equity Factor Rotation ETF (DYNF) is another to be swept up by the model portfolio tide....
...Most VCs continue to charge LPs a management fee regardless of whether they had made investments, but Sequoia Capital, one the premier tech VC groups, started waiving fees on capital it had not yet committed...
...The “secondaries” market — of private equity investors buying and selling existing stakes in funds and private equity groups moving assets from older to new funds — was another bright spot....
...Hostmore was created after Electra Private Equity spun off the UK operations of the American-themed restaurant chain on to the London Stock Exchange in 2021....
...Shares opened up 38 per cent on Thursday, but Reddit’s equity value is still below its last valuation as a private company....
International Edition