With private equity set to further blossom over the next decade and continue its AUM expansion, it will become incumbent upon industry leaders to explore new ways to deliver growth in their firms’ portfolios.
BlackRock Long Term Private Capital will become the new majority shareholder in Creed, the Paris-based multi-century old luxury fragrance company.
Paris-based Apax Partners has added to its team with two new appointments. Joséphine Loréal will work in investor relations, while Raphaël Bazin has been appointed as director at Apax Partners Development, the investment team dedicated to Apax Partners’ investments in companies with a value of EUR10-100 million.
JF Lehman & Company, a New York and Washington DC-based middle-market private equity firm focused exclusively on the aerospace, defence, maritime, government, and environmental sectors, has acquired UK-based firm GMO, as well as Integrated Global Services, within the space of less than a week.
Miami-based private equity firm Black Dragon Capital has agreed to acquire the entirety of Grass Valley, a technology supplier of advanced broadcast and media solutions, from Belden.
As China sees a surge in new coronavirus cases and the death toll passes 360, Allianz China Insurance and Allianz SE is setting up an emergency response fund to support the country's fight against the epidemic.
The day of the UK’s departure from the EU might seem like the end of a long process, but it is now that crucial negotiations on the UK’s future economic relationship with the EU will begin.
Research by Adams Street Partners finds no evidence of sponsor-to-sponsor underperformance and that sponsors are a real and relevant source of deal flow for other sponsors. Moreover, such deals appear to offer stable returns with lower losses than non-sponsor deals.