Great American Capital Partners has led a USD25 million senior secured first-in last-out (FILO) term loan to General Wireless Operations, Inc., doing business as RadioShack. The term loan is part of a USD75 million financing package that includes a USD50 million asset-based revolving credit facility led by RBC Capital Markets.
Hedge funds suffered a blow in June, with the Lyxor Hedge Fund Index down 2 per cent. The industry is nonetheless outperforming traditional asset classes in a context in which the correlation between equities and bonds is positive. In June, the MSCI World was down 2.6 per cent and sovereign
Private equity firm Tailwind Capital has held the final closing of Tailwind Capital Partners II in excess of its USD750 million target, raising a total of USD1.05 billion of committed capital. Fund II will pursue the same investment strategy Tailwind has employed since its inception – partnering with leading entrepreneurs
The lack of hedge funds’ excess returns since the financial crisis put the industry under rising pressure. In this 12th edition of the White Paper, we review the causes and identify the key hedge fund performance drivers. We put to test these drivers under three long-term macro-economic scenarios. It is
Euronext posted its strongest six-month trading volume performance since the end of 2011 in the first six months of 2015, supported by favourable economic conditions. The June 2015 average daily transaction value on the Euronext cash order book stood at EUR9,202 million (+54 per cent compared with June 2014). Activity
Amadeus is to acquire Navitaire, a wholly owned subsidiary of Accenture and a provider of technology and business solutions to the airline industry, for USD830 million. Navitaire, which focuses on the low-cost and hybrid-carrier segments of the airline industry and has a global customer base of more than 50 operators,
Wool Overs, the online and mail order knitwear retailer, has been acquired by private equity firm Langholm Capital. Clearwater International advised the founders of Wool Overs, Mark and Clare Shenton, on the sale. Founded by Mark and Clare in 1989, Wool Overs has developed from a business selling cable-knit sweaters
Private equity firm Permira has successfully completed the acquisition of Medora Snacks (Medora) and Ideal Snacks Holding Corporation (Ideal). As of the closing, the Permira funds combined Medora and Ideal under a holding company called BFY Holdings I. With the backing of the Permira funds, BFY Holdings will be
JTC has added significantly to its global fund servicing capabilities with the major acquisition of Kleinwort Benson’s Fund Administration business in the Channel Islands and South Africa. The transaction, which relates to the whole of Kleinwort Benson’s Fund Administration business in Guernsey, Jersey and South Africa, will give JTC its
Franklin Square Capital Partners has provided a USD150 million first lien secured term loan to Latham Pool Products, a manufacturer of in-ground residential swimming pools and components. Latham is a portfolio company of Littlejohn & Company (Littlejohn), a Greenwich, CT based private equity investment firm focused on the middle market.
12 November, 2026 – 5:00 pm
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12 February, 2026 – 5:00 pm
