Hints and tips:
...The brokerages said regulators had in particular requested the suspension of transactions involving ETFs that sought to match the performance of the MSCI USA 50, Nasdaq 100 and Japan’s Nikkei 225 indices...
...David Luboff, KKR’s co-head of Asia-Pacific and regional head of infrastructure, said he expected more dealmaking activity this year after a dearth in 2023, with many new sources of capital, including direct...
...Businesses within Gupta’s GFG Alliance have struggled to borrow money since the 2021 collapse of its main lender Greensill Capital, which had about $5bn of debt exposure to the group....
...At full capacity the $600mn plant will employ more than 1,000 workers, giving a jolt to the economy of the rural community on the fringes of Columbus, the Ohio state capital....
...“The declining cost of capital with rates coming down and spreads coming down for real estate borrowing is very helpful.”...
...Other private equity giants including Bain Capital, Blackstone, Brookfield and CVC have also bolstered their investment in the region as the yen’s historic weakness and geopolitical tensions in China have...
...Bain Capital and other lenders, which snapped up Accolade’s distressed debt over the course of the past few months, will become the ultimate owners following a debt-for-equity swap....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...Asia-Pacific deals dropped 28 per cent....
...Given negative net capital distributions for the past several years, lenders with skewed cash-pay/PIK proportions may feel greater pressure from LPs to sell down portfolios in order to manufacture distributions...
...It had kept 20 per cent after it sold stakes to Carlyle and Chinese group Citic Capital in 2017. A consortium led by Citic Capital will hold the remaining 52 per cent....
...Apollo’s $1.3bn private debt deal with accountancy BDO USA this month is the biggest. There have been equity purchases too....
...It is building a facility in Penang, but some US lawmakers already want to restrict American companies from collaborating on RISC-V projects....
...Lawyers say the rule will probably allow American LP capital to continue flowing into Chinese start-ups in all three sensitive sectors, provided that the venture capitalists directing the investment are...
...Blackstone Group is selling a stake in Spanish hotel group Hotel Investment Partners to Singaporean sovereign wealth fund GIC, in a move that will provide capital for the business to expand at a time when...
...Lawyers for Ziyavudin Magomedov claimed in filings made public this week that TPG founder David Bonderman was part of a conspiracy to sell a stake in Fesco, which controls the Pacific port of Vladivostok...
Seibu’s flagship store in Tokyo to close for one day in protest at planned sale to US investment fund
...LPs finding themselves overcommitted to the asset class on the tail-end of the decade-long boom are also selling stakes in large buyout funds in the secondaries market, selling at up to 20 per cent discounts...
...We couldn’t immediately see a change of control covenant in this Hudson Pacific Properties bond prospectus, nor this one from Piedmont Operating Partnership LP....
...from American LPs....
...“What India has done is to bring in the concerns and priorities of the global south and to try and move them beyond standard approaches to address the real issues,” said V Anantha Nageswaran, Modi’s chief...
...General Atlantic has appointed Oakley Capital’s Sascha Günther as managing director and head of Germany, Austria and Switzerland starting January 1, based in Munich....
...When Sequoia Capital China was raising $9bn to invest in the country’s start-ups last year, Helen Huang was among those keen to back the venture capital group....
...Ni, president of Wanxiang America and vice chair of the China General Chamber of Commerce (CGCC) USA, drew a parallel between the blustery weather in the US capital and worsening Washington-Beijing relations...
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