Trusted Insighthttp://thetrustedinsight.com/2017-08-16T11:00:14.915724-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Akzo Nobel Ends Feud With Elliott Management
2017-08-16T11:00:14.915724-04:00https://www.thetrustedinsight.com/investment-news/akzo-nobel-ends-feud-with-elliott-management-20170816486/
Akzo Nobel, the Dutch paint and chemicals company, said on Wednesday that it had reached a truce with Elliott Management, ending a dispute that had been the latest example of an activist investor looking to reshape a major business.
Clariant Said To Be Targeted By Activist Hedge Fund Corvex
2017-07-05T12:46:04.442493-04:00https://www.thetrustedinsight.com/investment-news/clariant-said-to-be-targeted-by-activist-hedge-fund-corvex-20170705822/
Activist hedge fund Corvex Management has built a stake in Clariant AG in a move designed to undo the Swiss chemicals maker’s $6.4 billion planned takeover of Huntsman Corp., according to people with knowledge of the situation. Corvex, which has built a stake in Clariant that exceeds the disclosure threshold of 3 percent, plans to push the company to explore alternatives to the deal including a potential sale, said the people, who asked not to be named because the situation is private. The activist investor believes the Huntsman acquisition, which was championed by Clariant Chief Executive Officer Hariolf Kottmann, lacks strategic rationale,...
Ackman Set To Cash In As Blackstone Eyes Chemical Deal
2017-06-22T15:23:41.305635-04:00https://www.thetrustedinsight.com/investment-news/ackman-set-to-cash-in-as-blackstone-eyes-chemical-deal-20170622534/
Bruised hedge fund tycoon Bill Ackman might be finally catching a break on one of his investments. Stephen Schwarzmanâs buyout firm Blackstone Group has formed a bidding consortium that could shell out more than $4 billion to buy half of chemicals giant Platform Specialty Products, whose biggest shareholder is Ackman, three sources told The Post....
China's Norinco And Saudi Aramco Line Up $10B Refinery Plan
2017-05-17T15:27:25.765167-04:00https://www.thetrustedinsight.com/investment-news/chinas-norinco-and-saudi-aramco-line-up-10b-refinery-plan-20170517612/
Chinese defence conglomerate China North Industries Group Corp (Norinco) has signed a framework agreement with state-run oil company Saudi Aramco to build a refinery and chemicals complex in northeast China, industry and government officials said on Tuesday.
Glass Manufacturer Leads $65M Series C In Smart-Tinting Glass Company
2017-01-31T14:59:12.095243-05:00https://www.thetrustedinsight.com/investment-news/glass-manufacturer-leads-65m-series-c-in-smart-tinting-glass-company-20170131016/
The investment was led by AGC Asahi Glass (AGC), a world-leading manufacturer of glass, chemicals and high-tech materials, and included new investor Hermes-Epitek, as well as existing investors 5AM Ventures, Alexandria Venture Investments, Capricorn Investment Group, Mitsubishi UFJ Capital, and Versant Ventures. Jean-François Heris, senior executive officer of AGC and president of AGC Building and Industrial Glass Company, has joined the Kinestral board of directors.
Bayer-Monsanto To Invest US$8b In US Agriculture Research
2017-01-17T15:03:49.072878-05:00https://www.thetrustedinsight.com/investment-news/bayer-monsanto-to-invest-us8b-in-us-agriculture-research-20170117456/
German chemicals giant Bayer will invest about US$8 billion in the United States in agriculture research in conjunction with Monsanto, which it is purchasing, the companies said on Tuesday.
Morgan Stanley PE Invests $25M In ZCL Chemicals
2016-12-27T15:11:27.016176-05:00https://www.thetrustedinsight.com/investment-news/morgan-stanley-pe-invests-25m-in-zcl-chemicals-20161227878/
<p>Mumbai-based pharmaceutical company ZCL Chemicals Ltd has raised Rs 170 crore ($25 million) from a fund managed by Morgan Stanley Private Equity Asia (MSPEA), according to a press note.</p>
<p>The company, which manufactures and exports advanced drug intermediates and active pharma ingredients (API), will use the money for its growth plans.</p>
CI Capital's Maroon Group Acquires Cadence Chemical
2016-12-21T14:38:40.193286-05:00https://www.thetrustedinsight.com/investment-news/ci-capitals-maroon-group-acquires-cadence-chemical-20161221775/
<p>Maroon Group LLC announced today that it has acquired Cadence Chemical, a national distributor of specialty chemicals based in Stamford, Connecticut. Cadence Chemical's management team, led by its President, John Wilson, will continue to actively manage the business. Terms of the transaction were not disclosed. Maroon Group is owned by CI Capital Partners and Maroon Group management.</p>
<p>Founded in 2004, Cadence distributes specialty intermediate chemicals to the CASE (Coatings, Adhesives, Sealants, Elastomers), chemical processing, water treatment and associated industries. Cadence will become part of the Specialty Intermediates division of Maroon Group.</p>
VCs Invest $5.8B In Bio-Based Chemicals, Shifting Focus To Disruptive Synthetic Biology
2016-12-20T12:49:48.456825-05:00https://www.thetrustedinsight.com/investment-news/vcs-invest-58b-in-bio-based-chemicals-shifting-focus-to-disruptive-synthetic-biology-20161220708/
Venture capitalists have pumped in $5.8 billion into bio-based materials and chemicals (BBMC) startups since 2010, reflecting the drive for sustainability, performance, and alternatives to petroleum feedstocks. While from 2010 to 2015, the investment focus was on drop-in replacements for established chemicals, in 2016 VCs' focus has shifted to disruptive synthetic biology (synbio) and conversion technologies, according to Lux Research.
OMERS To Invest In Fairfax India's $350M Private Offering
2016-12-16T16:33:50.051417-05:00https://www.thetrustedinsight.com/investment-news/omers-to-invest-in-fairfax-indias-350m-private-offering-20161216606/
Fairfax India Holdings Corp (TSX: FIH.U), an affiliate of Fairfax Financial Holdings Ltd, has launched a US$150 million bought deal financing and a US$350 million concurrent private placement. The Ontario Municipal Employees Retirement System (OMERS) will acquire about 17 million subordinate voting shares as part of the latter offering, which is expected to close in January. Fairfax India was set up in 2014 to make private equity, public equity and debt investments in India. Its recent private deals include April’s <a href="https://www.pehub.com/canada/2016/4/fairfax-india-to-invest-300-mln-in-sanmar-chemicals-reuters/" target="_blank">US$300 million invested in</a> Sanmar Chemicals Group.
Here's The Presentation David Einhorn Just Gave To A Room Of Elite Hedge Fund Managers
2016-12-12T12:40:54.889399-05:00https://www.thetrustedinsight.com/investment-news/heres-the-presentation-david-einhorn-just-gave-to-a-room-of-elite-hedge-fund-managers-1-20161212353/
<p>Last week, famed investor David Einhorn of hedge fund Greenlight Capital gave a presentation at the exclusive Robin Hood Investors Conference (it supports the charitable foundation of the same name, check that out here).</p>
<p>Last year Bayer spun off its chemicals company, Covestro, and then in September announced a deal to take over seed-maker Monsanto.</p>
US States Join Dow-DuPont Merger Probe
2016-11-08T13:05:08.662846-05:00https://www.thetrustedinsight.com/investment-news/us-states-join-dow-dupont-merger-probe-20161108987/
U.S. state attorneys general have joined a federal antitrust probe of the planned merger between DuPont and Dow Chemical Co , according to three people familiar with the matter, heightening risks to a deal that could help reshape the global farm industry.
Heroin, Nazis, And Agent Orange: Inside The $66B Merger Of The Year
2016-09-15T17:20:10.196550-04:00https://www.thetrustedinsight.com/investment-news/heroin-nazis-and-agent-orange-inside-the-66b-merger-of-the-year-20160915242/
Two giants of the farming and chemical industries agreed to merge Wednesday in a $66 billion deal: the U.S.’s Monsanto and Germany’s Bayer, the original maker of aspirin.
Abu Dhabi's IPIC And Mubadala's $125 Merger
2016-09-06T11:03:00.074189-04:00https://www.thetrustedinsight.com/investment-news/abu-dhabis-ipic-and-mubadalas-125-merger-20160906687/
Abu Dhabi, home to 6 percent of the world’s oil reserves, plans to merge two of its largest sovereign investment funds to form an asset pool more than twice the size of Russia’s Reserve Fund and with stakes ranging from pipelines and chemicals to microchips and music.
Carlyle, Hitachi, Permira Among Bidders For $1B Takeda Unit
2016-08-17T12:52:47.653704-04:00https://www.thetrustedinsight.com/investment-news/carlyle-hitachi-permira-among-bidders-for-1b-takeda-unit-20160817828/
<span style="line-height: 20.8px;">Hitachi Ltd and buyout firms Carlyle Group and Permira are among suitors to buy Takeda Pharmaceutical Co's chemicals unit, people with knowledge of the matter said, in a deal that could total around $1 billion.</span>
Huron Capital-Backed Valentus Buys Wood Floor Finishes Business
2016-08-12T09:40:10.293148-04:00https://www.thetrustedinsight.com/investment-news/huron-capital-backed-valentus-buys-wood-floor-finishes-business-20160812535/
Valentus Specialty Chemicals Inc, which is backed by Huron Capital Partners LLC, has acquired New Rochelle, New York-based Paint Over Rust Products Inc’s wood floor finishes business.
Einhorn's Greenlight Sees Room For Chemours To Grow, Stock Climbs
2016-07-27T12:35:06.638630-04:00https://www.thetrustedinsight.com/investment-news/einhorns-greenlight-sees-room-for-chemours-to-grow-stock-climbs-1-20160727619/
Hedge fund manager David Einhorn told investors that he thinks performance chemicals company Chemours Co will see its earnings grow as prices for titanium dioxide (TiO2), used in the food and cosmetic industries, recover.
Einhorn's Greenlight Sees Room For Chemours To Grow, Stock Climbs
2016-07-26T14:49:44.901314-04:00https://www.thetrustedinsight.com/investment-news/einhorns-greenlight-sees-room-for-chemours-to-grow-stock-climbs-20160726569/
BOSTON (Reuters) - Hedge fund manager David Einhorn told investors that he thinks performance chemicals company Chemours Co will see its earnings grow as prices for titanium dioxide (TiO2), used in the food and cosmetic industries, recover.Einhorn's comments, in a letter sent to Greenlight Capital investors on Tuesday morning and seen by Reuters, helped the company's stock price climb 6.14 percent to $9.33."We expect the stock to appreciate as investors refocus on the earnings power of the business, which we think will approach $2.00 in 2017," the letter said.The hedge fund sees room for cost cuts at Chemours, which was...
Dow Chemical And DuPont $62B Merger Approved By Shareholders
2016-07-21T16:00:15.758335-04:00https://www.thetrustedinsight.com/investment-news/dow-chemical-and-dupont-62b-merger-approved-by-shareholders-20160721362/
Shareholders for agriculture and chemicals companies DuPont and Dow Chemical have approved their merger.
Specialty Chemicals Company Ferro Rebuffs Bids From Apollo, CVC
2016-07-18T13:45:36.657324-04:00https://www.thetrustedinsight.com/investment-news/specialty-chemicals-company-ferro-rebuffs-bids-from-apollo-cvc-20160718105/
Specialty chemicals company Ferro Corp turned down acquisition offers from private equity firms Apollo Global Management LLC.
Discount Investment Sells 40% Stake In Adama To ChemChina
2016-07-18T10:25:06.107553-04:00https://www.thetrustedinsight.com/investment-news/discount-investment-sells-40-stake-in-adama-to-chemchina-20160718069/
Discount Investment Corp. soared the most on record after entering into an accord to sell its remaining 40 percent in Adama Agricultural Solutions Ltd., the world’s largest maker of generic agro-chemicals, ...
Shell Expands Into US Petrochemicals, As Trims Assets Elsewhere
2016-06-08T11:55:23.701882-04:00https://www.thetrustedinsight.com/investment-news/shell-expands-into-us-petrochemicals-as-trims-assets-elsewhere-20160608115/
Royal Dutch Shell said Tuesday it will build a multibillion-dollar petrochemical complex near Pittsburgh to make base chemicals and plastics from the natural gas produced within the Marcellus and Utica shale basins.
Monsanto Boss Could Net $70M From A Bayer Takeover
2016-05-27T14:00:16.295979-04:00https://www.thetrustedinsight.com/investment-news/monsanto-boss-could-net-70m-from-a-bayer-takeover-20160527450/
Monsanto boss Hugh Grant could land more than US$70 million if the world's largest seed company is taken over by German chemicals giant Bayer AG .
Bayer Offers $62B For Monsanto
2016-05-23T12:25:37.380843-04:00https://www.thetrustedinsight.com/investment-news/bayer-offers-62b-for-monsanto-20160523048/
German drugs and chemicals company Bayer makes a $62bn offer for Monsanto, in a takeover bid that would create the world's biggest agricultural supplier.
Bayer Offers To Buy Monsanto In $62B All-Cash Deal
2016-05-23T10:31:55.752652-04:00https://www.thetrustedinsight.com/investment-news/bayer-offers-to-buy-monsanto-in-62b-all-cash-deal-20160523008/
<p>German chemicals company and drugmaker Bayer AG disclosed Monday the details of its offer to acquire Monsanto for $62 billion. If the Missouri company becomes a part of Bayer, it would create the world’s largest supplier of agrichemicals and genetically modified seeds.</p>
Bayer Considers Bid For Monsanto, To Create World's Largest Seed And Farm Chemicals Supplier
2016-05-13T11:35:06.276961-04:00https://www.thetrustedinsight.com/investment-news/bayer-considers-bid-for-monsanto-to-create-worlds-largest-seed-and-farm-chemicals-supplier-20160513463/
Bayer is exploring a potential bid for US competitor Monsanto in a deal that would create the world's largest supplier of seeds and farm chemicals.
Indian Fertiliser Firms Pick Iranian Partner For Urea Plant
2016-05-09T13:10:07.295950-04:00https://www.thetrustedinsight.com/investment-news/indian-fertiliser-firms-pick-iranian-partner-for-urea-plant-20160509106/
Indian fertiliser companies have shortlisted a subsidiary of Iran's Bank Pasargad for jointly setting up a urea manufacturing plant at Chahbhar in Iran. A consortium of state-owned Rashtriya Chemicals and Fertilizers (RCF), Gujrat Narmada Valley Fertilizers & Chemicals (GNFC) and Gujarat Chemicals and Fertilizers (GSFC) looks to set up a gas-based urea/ammonia making plant in Iran.
US Freight Rail Traffic Plunges: Haunting Pictures Of Transportation Recession
2016-05-05T14:35:05.907897-04:00https://www.thetrustedinsight.com/investment-news/us-freight-rail-traffic-plunges-haunting-pictures-of-transportation-recession-20160505922/
Total US rail traffic in April plunged 11.8% from a year ago, the Association of American Railroads reported today. Carloads of bulk commodities such as coal, oil, grains, and chemicals plummeted 16.1% to 944,339 units.
Maroon Group Buys U.S. Chemicals
2016-05-05T13:36:48.843166-04:00https://www.thetrustedinsight.com/investment-news/maroon-group-buys-us-chemicals-20160505900/
Maroon Group LLC, which is backed by CI Capital Partners, said May 4 that it acquired U.S. Chemicals. Financial terms weren’t announced.
Agriculture: The Next M&A Growth Sector?
2016-04-04T12:27:02.802379-04:00https://www.thetrustedinsight.com/investment-news/agriculture-the-next-ma-growth-sector-20160404594/
When analyzing M&A trends in agriculture, there are two main sub-sectors to focus on: 1) farming; and 2) agribusiness, which includes companies that make fertilizer, insecticides, chemicals and seeds.
CIMC Enric Looks To Russia As China’s Natural Gas Consumption Growth Cools Dramatically
2016-03-23T16:00:17.021127-04:00https://www.thetrustedinsight.com/investment-news/cimc-enric-looks-to-russia-as-chinas-natural-gas-consumption-growth-cools-dramatically-20160323096/
CIMC Enric, China’s largest maker of natural gas storage equipment that also makes stainless-steel containers for chemicals and liquid food products, says the outlook of the gas storage market remains challenging as diesel remains the preferred fuel in the country.
Apollo Looks To Takeover Chemicals Manufacturer Ferro Corp.
2016-03-17T12:08:06.139221-04:00https://www.thetrustedinsight.com/investment-news/apollo-looks-to-takeover-chemicals-manufacturer-ferro-corp-20160317696/
Mayfield Heights-based Ferro Corp., a maker of chemicals for the manufacturing industry, recently received a takeover approach from Apollo Global Management LLC, according to people with knowledge of the matter.
PE Roundup: Private Equity Deals Announced This Week | Los Angeles Business Journal
2016-03-08T13:30:12.113228-05:00https://www.thetrustedinsight.com/investment-news/pe-roundup-private-equity-deals-announced-this-week-los-angeles-business-journal-20160308166/
West L.A. private equity firm Vance Street Capital announced Thursday that it has acquired A&E Medical Corp., a Farmingdale, N.J. medical device designer and contract manufacturer. Terms of the transaction were not disclosed.
One Equity Partners Acquires All Metro Health Care Services
2016-03-03T09:00:12.797642-05:00https://www.thetrustedinsight.com/investment-news/one-equity-partners-acquires-all-metro-health-care-services-20160303850/
Nautic Partners has completed the sale of All Metro Health Care Services, Inc. (All Metro) to private equity firm One Equity Partners (OEP).
ZeaKal Closes $5.3M Series B
2016-02-26T16:30:18.191601-05:00https://www.thetrustedinsight.com/investment-news/zeakal-closes-53m-series-b-20160226584/
iotechnology startup focused on improving agricultural productivity, today announced a $5.3 million Series B financing round.
Lux Capital’s Josh Wolfe Scored A 43X Venture Return On Kurion’s $400M Acquisition
2016-02-25T16:30:18.235341-05:00https://www.thetrustedinsight.com/investment-news/lux-capitals-josh-wolfe-scored-a-43x-venture-return-on-kurions-400m-acquisition-20160225521/
<span style="line-height: 20.8px;"> Lux just scored a fund-making, record-breaking 43X return on its initial investment when Veolia acquired Kurion for approximately $400 million to provide "nuclear facility cleanup and treatment of low- and medium-level radioactive waste." Kurion was incubated by Lux Capital with investment from Firelake Capital and private investor Arthur Samberg.</span>
Middleland Capital Joins $5.3M Series B For ZeaKal
2016-02-19T17:00:19.985469-05:00https://www.thetrustedinsight.com/investment-news/middleland-capital-joins-53m-series-b-for-zeakal-20160219254/
ZeaKal, a biotechnology startup focused on improving agricultural productivity, today announced a $5.3 million
ZeaKal Lands $5.3M Series B, Acquires VC-backed Algenetix
2016-02-19T13:00:14.199454-05:00https://www.thetrustedinsight.com/investment-news/zeakal-lands-53m-series-b-acquires-vc-backed-algenetix-20160219237/
The oversubscribed round was led by Finistere Ventures with participation by Middleland Capital and several leading family office investors. With this funding, ZeaKal will expand its PhotoSeed™ product development pipeline and bring its lead soybean product into field trials this May.
Investment Opportunities Flow From Water Initiatives
2016-02-12T09:30:19.379377-05:00https://www.thetrustedinsight.com/investment-news/investment-opportunities-flow-from-water-initiatives-20160212924/
Large parts of the world are running short on water — even experiencing “desertification” — at an alarming rate. Innovative solutions being implemented by the public and the private sectors may offer interesting opportunities for investors.
Dan Loeb's Third Point Gains Victory As Dow Chemical CEO Liveris To Step Down
2016-02-03T10:49:21.252979-05:00https://www.thetrustedinsight.com/investment-news/dan-loebs-third-point-gains-victory-as-dow-chemical-ceo-liveris-to-step-down-20160203408/
By Joshua Schneyer and Swetha Gopinath (Reuters) - Dow Chemical’s chief executive Andrew Liveris, fresh from orchestrating a $130 billion merger with U.S. rival DuPont, on Tuesday announced plans to retire by mid-2017, a step he takes after years of pitched battles with an activist shareholder unhappy with his leadership. On a quarterly earnings call with analysts, Liveris said he would step aside by the second half of next year. The news represents a victory for Daniel Loeb, the head of New York hedge fund Third Point. The fund has a 2 percent stake in Dow and Loeb has been...
US Energy M&A Hits 5-Year Low As Oil Patch Enters 'Survival Mode'
2016-01-29T11:30:19.311946-05:00https://www.thetrustedinsight.com/investment-news/us-energy-ma-hits-5-year-low-as-oil-patch-enters-survival-mode-20160129182/
The U.S. energy sector announced 42 deals worth $50 million or more for a total of $31.6 billion in mergers and acquisitions in the closing months of 2015, according to PricewaterhouseCoopers.
WEF: Mexico To Invest US$146B In Electricity
2016-01-22T16:30:20.696424-05:00https://www.thetrustedinsight.com/investment-news/wef-mexico-to-invest-us146b-in-electricity-20160122938/
Mexico is ramping up its generation capacity using natural gas and renewables and expanding its T&D network.
China's Xi Opens Refinery With Saudi King Salman
2016-01-22T13:30:12.096734-05:00https://www.thetrustedinsight.com/investment-news/chinas-xi-opens-refinery-with-saudi-king-salman-20160122925/
Chinese President Xi Jinping and Saudi King Salman on Wednesday attended a ceremony to mark the opening of a joint-venture refinery, a symbol of Beijing's deepening involvement in the Middle East.
These Favorite Hedge Fund Holdings Are Among 2016's Worst Stocks
2016-01-22T10:00:13.084985-05:00https://www.thetrustedinsight.com/investment-news/these-favorite-hedge-fund-holdings-are-among-2016s-worst-stocks-20160122903/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. As U.S. stocks extend their losses, some of the biggest decliners are companies popular with hedge funds. Of the year’s 100 worst-performing companies larger than $1 billion as of Jan. 19, more than half are at least 10 percent owned by hedge funds, and 17 are at least 25 percent owned by such funds. Below we highlight some of the biggest losers in that group. One caveat: most of the funds’...
Private Equity Helps Korea Restructure In Boost For Loan Bankers
2016-01-21T10:12:49.245849-05:00https://www.thetrustedinsight.com/investment-news/private-equity-helps-korea-restructure-in-boost-for-loan-bankers-20160121858/
<p style="line-height: 18.9091px;">South Korean bankers say an acquisition finance boom will extend into 2016 as global private equity firms build up their biggest cash pile in seven years. The leading M&A loan underwriters say restructuring among Korea’s largest companies will drive deals after volumes more than doubled in 2015 to $8.2 billion. The pipeline is already healthy, with lenders eyeing potential business from at least 3 trillion won ($2.5 billion) of acquisitions planned by firms including Standard Chartered Private Equity Ltd.</p>
Crossovers Fund A $61M Round For Twist Bio, Spotlighting Possible IPO
2016-01-20T11:36:04.467598-05:00https://www.thetrustedinsight.com/investment-news/crossovers-fund-a-61m-round-for-twist-bio-spotlighting-possible-ipo-20160120819/
Just 7 months after coming up with a $37 million Series C, Twist Bioscience has gone back to the well and drawn up another $61 million in private investor cash. That brings Twist's total to $133 million, with a group of crossover investors stepping in to help spotlight a potential IPO.
Germany's Evonik Backs GRC SinoGreen Venture Fund III
2016-01-15T10:16:25.629129-05:00https://www.thetrustedinsight.com/investment-news/germanys-evonik-backs-grc-sinogreen-venture-fund-iii-20160115586/
German specialty chemicals company Evonik is investing an undisclosed amount in GRC SinoGreen Fund III, expanding its venture capital activities into Asia, says a company announcement.
World's Top 10 Private Equity Firms
2016-01-12T10:30:34.612922-05:00https://www.thetrustedinsight.com/investment-news/worlds-top-10-private-equity-firms-20160112408/
<span style="line-height: 20.8px;">Private equity firms manage investment capital obtained from institutional investors or high net worth individuals (HNWI) to acquire equity ownership of companies through a variety of strategies, including leveraged buyouts and venture capital. Private equity firms operate with long-term investment horizons, typically five to seven years. </span>
Energy Project Finance Platform Sees Mexico As Priority
2016-01-08T11:30:50.190359-05:00https://www.thetrustedinsight.com/investment-news/energy-project-finance-platform-sees-mexico-as-priority-20160108281/
Chile-based project financing startup CAAAPITAL sees Mexico as a priority market within Latin America as the country's energy reform stimulates investment in energy infrastructure.
Former Cubist CEO Mike Bonney Joins Third Rock Ventures
2016-01-08T10:37:38.195486-05:00https://www.thetrustedinsight.com/investment-news/former-cubist-ceo-mike-bonney-joins-third-rock-ventures-20160108267/
As CEO of Cubist Pharmaceuticals, Mike Bonney spent a decade building a mid-cap biotech company that eventually accepted a massive buyout.
Saudi Arabia Unveils Drastic Cuts Amid Oil Collapse
2015-12-29T14:00:14.508355-05:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-unveils-drastic-cuts-amid-oil-collapse-20151229869/
The 2016 budget, the first since King Salman took over the country in January, contained significant changes in spending and revenue policy as Saudi Arabia adapts to lower oil prices and prepares for the “lower for longer” world.
Shale Running Out Of Survival Tricks As Opec Ramps Up Pressure
2015-12-29T13:47:29.559730-05:00https://www.thetrustedinsight.com/investment-news/shale-running-out-of-survival-tricks-as-opec-ramps-up-pressure-20151229865/
For an industry that already was pushing its cost-cutting efforts to the limits, the new declines in oil prices are a devastating blow.
Hoping For A Price Surge, Oil Companies Keep Wells In Reserve
2015-12-28T16:14:43.368549-05:00https://www.thetrustedinsight.com/investment-news/hoping-for-a-price-surge-oil-companies-keep-wells-in-reserve-20151228800/
Some drilled oil and natural gas wells across the country are currently not producing, but are ready to be tapped quickly if prices begin to rise.
This Could Be The Last Word In Producing Cheap Solar Energy
2015-12-28T15:04:24.907110-05:00https://www.thetrustedinsight.com/investment-news/this-could-be-the-last-word-in-producing-cheap-solar-energy-20151228776/
Meet two budding Emirati scientists who strive to make world a better place through their inventions.
London Co. Finding Success Investing In Guns, Death And Jail
2015-12-24T11:30:11.950590-05:00https://www.thetrustedinsight.com/investment-news/london-co-finding-success-investing-in-guns-death-and-jail-20151224723/
Supply and demand dynamics are at play in markets in sometimes subtle ways. Take serious “sin” stocks, for instance. I’m not talking about sugar addicting Coca-Cola or the politically incorrect convict Dov Charney and his one-time empire at American Apparel. This is about sins that actually kill people, dead, not just hurt fragile feelings, offend delicate sensibilities or contribute to obesity. And there is a hedge fund manager for such sin investments, one that leverages supply and demand driven markets to find value in sin: London Company of Virgina’s Stephen M. Godderd. Godderd’s hedge fund is the largest investor in...
Caverion, Private Equity In Running For Voith Industrial Services
2015-12-23T11:00:42.069898-05:00https://www.thetrustedinsight.com/investment-news/caverion-private-equity-in-running-for-voith-industrial-services-20151223630/
Caverion teamed up with German private equity group DBAG and the consortium has been shortlisted alongside German buyout group Triton, the people said. Unlisted Voith employs 18,000 staff in maintenance and assembly services for the auto, energy and chemicals industries.
Blue River Technology Raises $17M In Series B
2015-12-17T15:37:06.414807-05:00https://www.thetrustedinsight.com/investment-news/blue-river-technology-raises-17m-in-series-b-20151217319/
Leader in the use of computer vision, machine learning and robotics for agriculture, today announced it has raised $17 million in Series B funding.
Blue River Technology Raises $17M In Series B Funding
2015-12-17T15:16:10.245388-05:00https://www.thetrustedinsight.com/investment-news/blue-river-technology-raises-17m-in-series-b-funding-20151217305/
Blue River Technology raises $17 million in Series B funding. Top VCs back first company to deliver robots for sustainable agriculture that dramatically reduce chemical usage.
Serial Thrillers
2015-12-17T14:00:17.592822-05:00https://www.thetrustedinsight.com/investment-news/serial-thrillers-20151217287/
IN MAY 2015 Bill Ackman, a hedge-fund manager, spoke at the Ira Sohn conference, a charity do at which Wall Street investors bat around ideas. Mr Ackman tried to rehabilitate an old concept, that of “platform” companies, which grow by continually buying others, finding their targets in the unloved and musty corners of the economy. Roll-ups, as they used to be known, were all the rage in the mid-1990s, before a series of blow-ups brought them into disrepute. Mr Ackman highlighted two firms that he said were modern masters of the strategy. Their fortunes have diverged widely since his speech,...
BTG Pactual Reduces Stake In BR Properties
2015-12-16T14:57:39.989557-05:00https://www.thetrustedinsight.com/investment-news/btg-pactual-reduces-stake-in-br-properties-20151216219/
Embattled Brazilian lender offloads more than half of its shares in the real estate firm.
Third Point's Loeb Said to Seek Removal of Dow Chemical CEO
2015-12-16T11:06:33.275582-05:00https://www.thetrustedinsight.com/investment-news/third-points-loeb-said-to-seek-removal-of-dow-chemical-ceo-20151216171/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
PSC clears sale of We Energies power plant near Wauwatosa hospitals
2015-12-11T13:06:27.222743-05:00https://www.thetrustedinsight.com/investment-news/psc-clears-sale-of-we-energies-power-plant-near-wauwatosa-hospitals-20151211936/
The Milwaukee Regional Medical Center is buying the plant and plans to heat hospital buildings with natural gas rather than coal.
Dow Chemical and DuPont Set Merger and Plans to Split
2015-12-11T11:55:19.712041-05:00https://www.thetrustedinsight.com/investment-news/dow-chemical-and-dupont-set-merger-and-plans-to-split-20151211920/
DuPont and Dow Chemical, with more than three centuries of history between them, said on Friday they had agreed to merge, in one of the biggest deals of the year.
Dow Chemical and DuPont in talks for $120bn merger
2015-12-10T15:59:30.299088-05:00https://www.thetrustedinsight.com/investment-news/dow-chemical-and-dupont-in-talks-for-120bn-merger-20151210878/
Dow Chemical and DuPont are in talks to merge, creating a chemicals giant with a market value of more than $120bn that could then break up into different businesses.
Wealthy U.S. Families Want To Invest In Sub-Saharan Family-Owned Agribusiness
2015-11-27T14:30:17.892773-05:00https://www.thetrustedinsight.com/investment-news/wealthy-us-families-want-to-invest-in-sub-saharan-family-owned-agribusiness-20151127213/
These are not your typical private equity investors, says the CEO of The One Thousand & One Voices fund. They are prepared to take long-term views on investments. They already have two agribusiness acquisitions in South Africa and now they want more, despite the drought. They like family-owned businesses that are cash-flow positive. They want to invest between $10 million and $14 million.
What’s next for Hong Kong industrial property sector?
2015-11-23T16:29:52.102905-05:00https://www.thetrustedinsight.com/investment-news/whats-next-for-hong-kong-industrial-property-sector-20151123946/
The Industrial Revitalization Policy is scheduled to discontinue in March 2016. With the growing demand for industrial space, as well as a rebound in certain manufacturing sectors, the Hong Kong Government hopes to relieve the stress on supply by ending the scheme.
Warburg puts up $300M to launch a buyout-hungry drug firm
2015-11-19T18:30:16.961506-05:00https://www.thetrustedinsight.com/investment-news/warburg-puts-up-300m-to-launch-a-buyout-hungry-drug-firm-20151119808/
Private equity giant Warburg Pincus is diving into specialty pharmaceuticals, launching Vertice Pharma and promising to invest up to $300 million in the company as it scouts for buyable assets.
Jerry Brown Pressured To Ban Fracking In California
2015-11-17T15:56:50.540196-05:00https://www.thetrustedinsight.com/investment-news/jerry-brown-pressured-to-ban-fracking-in-california-20151117554/
Ahead of the upcoming United Nations climate talks in Paris, California Gov. Jerry Brown (D) is facing pressure from environmental activists to take a stand against hydraulic fracturing, also known as fracking, in the Golden State.
NEA Joins $35M Round For A Wellcome-Backed Gene Therapy Player
2015-11-10T14:01:35.523419-05:00https://www.thetrustedinsight.com/investment-news/nea-joins-35m-round-for-a-wellcome-backed-gene-therapy-player-20151110168/
After posting some early clinical success with its first gene therapy project, University of Oxford spinout NightstaRx is looking to widen its pipeline of projects, recruiting venture giant New Enterprise Associates to pitch in on a $35 million funding round.
PAI uncorks sale of French bottle-top maker Global Closure Systems, say sources
2015-10-30T18:02:32.621961-04:00https://www.thetrustedinsight.com/investment-news/pai-uncorks-sale-of-french-bottle-top-maker-global-closure-systems-say-sources-1-20151030577/
A combination of trade buyers and private equity funds have recently submitted indicative bids for the asset, the sources said. A valuation for the firm, which posted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of 74 million euros in 2012, could not immediately be determined. Among its main product lines Global Closure Systems has plastic lids for mineral water and milk bottles, as well as child resistant closures for pharmaceutical products. Headquartered on the outskirts of Paris, the company sells its products in more than 100 countries worldwide. It mandated Goldman Sachs to sell clothing outlet Cortefiel in Spain...
Exclusive: TPG explores sale or IPO of chemical distributor Nexeo
2015-10-30T17:51:24.755170-04:00https://www.thetrustedinsight.com/investment-news/exclusive-tpg-explores-sale-or-ipo-of-chemical-distributor-nexeo-20151030576/
Buyout firm TPG Capital Management LP is exploring a sale or initial public offering of Nexeo Solutions LLC, hoping a deal would value the U.S. chemical distribution company at close to $2 billion, including debt, according to people familiar with the matter. TPG is interviewing investment banks to appoint financial advisers that will help determine whether it will make more money selling Nexeo outright as opposed to taking it public and then selling down shares, the people said this week. Nexeo has annual earnings before interest, taxes, depreciation and amortization of $180 million, one of the people added. The sources...
PAI uncorks sale of French bottle-top maker Global Closure Systems, say sources
2015-10-29T16:38:12.274190-04:00https://www.thetrustedinsight.com/investment-news/pai-uncorks-sale-of-french-bottle-top-maker-global-closure-systems-say-sources-20151029500/
A combination of trade buyers and private equity funds have recently submitted indicative bids for the asset, the sources said. A valuation for the firm, which posted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of 74 million euros in 2012, could not immediately be determined. Among its main product lines Global Closure Systems has plastic lids for mineral water and milk bottles, as well as child resistant closures for pharmaceutical products. Headquartered on the outskirts of Paris, the company sells its products in more than 100 countries worldwide. It mandated Goldman Sachs to sell clothing outlet Cortefiel in Spain...
Wiese’s Stellar Capital to raise R1bn
2015-10-23T15:49:05.267260-04:00https://www.thetrustedinsight.com/investment-news/wieses-stellar-capital-to-raise-r1bn-20151023252/
Smart move shows signs of serious deal-making by recently formed investment house Stellar Capital Partners, say analysts
Cybersecurity Firm Says Chinese Hackers Keep Attacking U.S. Companies
2015-10-19T13:32:11.311813-04:00https://www.thetrustedinsight.com/investment-news/cybersecurity-firm-says-chinese-hackers-keep-attacking-us-companies-20151019901/
It was heralded as the first concrete step taken by the United States and China on the thorny issue of cyberespionage.
Brazil Lender Approves US$340M Wind Farm Credit
2015-10-15T12:49:46.923713-04:00https://www.thetrustedinsight.com/investment-news/brazil-lender-approves-us340m-wind-farm-credit-20151015672/
The projects have combined installed capacity of 436.7MW.
Glencore Puts Chile Copper Mine Up For Sale
2015-10-13T10:30:55.920365-04:00https://www.thetrustedinsight.com/investment-news/glencore-puts-chile-copper-mine-up-for-sale-20151013446/
The debt-laden commodities giant may sell Lomas Bayas after interest from a number of potential buyers.
D.C. Water Begins Harnessing Electricity From Every Flush
2015-10-09T14:37:26.299816-04:00https://www.thetrustedinsight.com/investment-news/dc-water-begins-harnessing-electricity-from-every-flush-20151009384/
The next time you flush in the nation’s capital, you might consider this: You — or, more precisely, whatever you have flushed — will help generate clean energy.
Private equity firms buy stake in converter Flexo Transparent
2015-10-08T17:24:34.186201-04:00https://www.thetrustedinsight.com/investment-news/private-equity-firms-buy-stake-in-converter-flexo-transparent-20151008321/
Flexible packaging converter and printer Flexo Transparent LLC plans to grow with the support of new shareholders. Two private equity companies have injected capital into Flexo, a Buffalo, N.Y., producer of multi-colored rollstock, bags, pouches and sleeves for food grade and retail consumer products. Sidereal Capital Group LLC of Chatham, N.J., and Orix Mezzanine & Private Equity of Dallas have acquired an undisclosed equity stake in Flexo. Terms of the deal were not released. “This new partnership provides us with the capital flexibility as well as analytical support that will allow us to continue our growth initiatives without compromising the...
Energy Department Predicts Lower Winter Fuel Bills
2015-10-07T14:33:42.127850-04:00https://www.thetrustedinsight.com/investment-news/energy-department-predicts-lower-winter-fuel-bills-20151007227/
Natural gas, oil and propane users can expect savings because of lower prices and warmer weather, the Energy Department predicts.
CSN To Start Non-Core Asset Sales
2015-10-07T14:23:02.315466-04:00https://www.thetrustedinsight.com/investment-news/csn-to-start-non-core-asset-sales-20151007220/
The company's Tecon Sepetiba container terminal at Rio de Janeiro state's Itaguaí port is reportedly getting strong interest from investors.
Arkansas teachers top off a sweet day for Peltz' Trian hedge fund
2015-10-06T15:39:03.734966-04:00https://www.thetrustedinsight.com/investment-news/arkansas-teachers-top-off-a-sweet-day-for-peltz-trian-hedge-fund-20151006116/
Billionaire fund manager Nelson Peltz on Monday added a big new client when he took in US$150 million in cash from the Arkansas Teachers Retirement System, part of a trio of welcome victories for the activist, whose portfolio has faced a bumpy ride lately.
Bloomberg Markets 50 Most Influential
2015-10-05T18:06:01.231635-04:00https://www.thetrustedinsight.com/investment-news/bloomberg-markets-50-most-influential-20151005080/
They build companies and assemble fortunes. They run banks, or hope to disrupt them. They shape economies and spread ideas. They manage money and wield the clout that goes with the billions of dollars they invest. The 50 people in our fifth annual Most Influential ranking are a varied group but have in common extraordinary success in their chosen fields.
The US Housing Boom That Went Bust On Oil
2015-10-05T15:40:27.870117-04:00https://www.thetrustedinsight.com/investment-news/the-us-housing-boom-that-went-bust-on-oil-20151005034/
North Dakota once struggled to accommodate a huge workforce that sprang up amid the shale revolution. As crude prices have tumbled, there are few left to fill the thousands of properties that were built to house them.
Man-Camp Exodus Spurs Real-Estate Crisis Across US Shale Towns
2015-09-30T13:04:49.981469-04:00https://www.thetrustedinsight.com/investment-news/man-camp-exodus-spurs-real-estate-crisis-across-us-shale-towns-20150930745/
After struggling to house thousands during the boom, North Dakota faces a new real-estate crisis: the frenzied drilling hasn't lasted long enough to support the oil-fueled building explosion.
From Ferraris to Cement, Europe's Rich Families Turn Dealmakers
2015-09-29T11:47:42.282343-04:00https://www.thetrustedinsight.com/investment-news/from-ferraris-to-cement-europes-rich-families-turn-dealmakers-20150929625/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
Drones Set To Take Off Over Farm Fields
2015-09-24T15:37:13.973065-04:00https://www.thetrustedinsight.com/investment-news/drones-set-to-take-off-over-farm-fields-20150924475/
Agriculture could account for 80% of all commercial drone use as the technology matures and gains acceptance from farmers.
EMEA oil and gas sector faces indirect exposure to China
2015-09-23T18:49:31.230958-04:00https://www.thetrustedinsight.com/investment-news/emea-oil-and-gas-sector-faces-indirect-exposure-to-china-20150923427/
EMEA (Europe, Middle East and Africa)’s mining sector faces the most exposure to the expected gradual slowdown in China, followed by oil & gas, shipping, chemicals and auto manufacturing, according to Moody’s Investors Service report published on Tuesday. Moody’s recently slightly revised its GDP growth forecast for China to 6.3 per cent for 2016 and maintained its forecast of 6.8 per cent for 2015. The report says that the EMEA-based oil and gas sector has relatively little direct exposure to an economic slowdown in China, but will be indirectly affected by the broader impact on prices in the industry.
Court Clears Duke Energy Plan To Clean More Coal-Ash Pits
2015-09-15T12:40:22.389063-04:00https://www.thetrustedinsight.com/investment-news/court-clears-duke-energy-plan-to-clean-more-coal-ash-pits-20150915928/
<p style="line-height: 20.8px;">A judge on Monday rejected a bid by North Carolina's environment agency to block Duke Energy from removing toxic coal ash from more plants than required under a new state law. Duke has asked to add three power plants to the list of four plants where they will begin scooping the ash, which is leaking arsenic, lead and other pollutants into waterways.</p>
Canada » Biofuels producer Enerkem secures $152.6 mln in growth funding
2015-09-09T18:24:34.705719-04:00https://www.thetrustedinsight.com/investment-news/canada-biofuels-producer-enerkem-secures-1526-mln-in-growth-funding-20150909931/
MONTREAL, Sept. 9, 2015 /PRNewswire/ – Enerkem Inc. (www.enerkem.com), a waste-to-biofuels and chemicals producer, announced today it has raised C$152.6 million and has initiated the production of biomethanol from non-recyclable household garbage at the Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada. “I must say a huge thank you to our financial partners, employees, as well as the City of Edmonton and Alberta Innovates â Energy and Environment Solutions who believed in us and have accompanied us while we were reaching this pivotal operational milestone,” said Vincent Chornet, president and chief executive officer of Enerkem. “We are about to fundamentally...
GSK Deepens Ties With Electro-Stim Startup SetPoint In $15M Funding
2015-09-09T11:03:07.300436-04:00https://www.thetrustedinsight.com/investment-news/gsk-deepens-ties-with-electro-stim-startup-setpoint-in-15m-funding-20150909886/
When GlaxoSmithKline started up a venture fund a few years to invest in electronic medicines—treatments that use electrical impulses, rather than manmade chemicals or protein drugs, to impact disease—a startup called SetPoint Medical was its first investment. Now, GSK is investing again.
China Reaps Toxic Harvest From Soil
2015-09-08T13:06:15.025866-04:00https://www.thetrustedinsight.com/investment-news/china-reaps-toxic-harvest-from-soil-20150908843/
Fallout after Tianjin chemicals warehouse blast — from air, water and soil — is mirrored in industrial pollution across Asian giant.
Three Most Popular Chemicals Companies Among Hedge Funds
2015-09-04T11:36:12.869933-04:00https://www.thetrustedinsight.com/investment-news/three-most-popular-chemicals-companies-among-hedge-funds-20150904733/
Even in times of serious volatility, the chemical industry has been one of the most stable and consistent dividend paying segments of the economy during the past few years. However, in the last two months, the Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), has turned negative and shown declines of 0.1% and 0.3% in July and August respectively after remaining up by 0.5% in May and June. Although the CAB was still up 1.8% year-over-year on August 25, according to the Chief Economist at ACC, Kevin Smith, it is pointing towards “slow gains in business activity...
Sergey Brin's Search for a Parkinson's Cure
2015-09-02T17:40:31.414655-04:00https://www.thetrustedinsight.com/investment-news/sergey-brins-search-for-a-parkinsons-cure-20150902657/
Brin has contributed some $50 million to Parkinson’s research, enough, he figures, to “really move the needle.”
Three IPOs That Hedge Funds Absolutely Loved This Summer
2015-09-02T12:10:09.804645-04:00https://www.thetrustedinsight.com/investment-news/three-ipos-that-hedge-funds-absolutely-loved-this-summer-20150902603/
Too risky for some, an exciting profit-making opportunity for others, initial public offerings (IPOs) attract diverse opinions from the investment community. IPOs tend to pop on their first day of trading amid the hype and anticipation for the stock, followed by a swoon in the days and weeks afterward. We decided to look at the second quarter IPOs which garnered the most support from the hedge fund community, and analyze how they performed on and after IPO day and what their future prospects look like going forward. Why do we pay attention to hedge fund sentiment? Most investors ignore hedge...
Buffett's Berkshire builds $4.5B stake in Phillips 66
2015-08-31T18:21:36.040448-04:00https://www.thetrustedinsight.com/investment-news/buffetts-berkshire-builds-45b-stake-in-phillips-66-20150831515/
Berkshire Hathaway disclosed a $4.48B stake in oil refiner Phillips 66, rebuilding a bet it had made in the energy industry before oil prices fell.
Profits At Two Chinese Oil Majors Slump On Low Crude Price
2015-08-27T19:16:18.411060-04:00https://www.thetrustedinsight.com/investment-news/profits-at-two-chinese-oil-majors-slump-on-low-crude-price-20150827399/
Two of China's major oil companies say that their profits slumped in the first half of 2015, as a sharp decline in international crude prices hit upstream earnings.
Ackman’s Pershing Square Loses 2015 Gains Amid August Stock Rout
2015-08-27T14:21:38.031960-04:00https://www.thetrustedinsight.com/investment-news/ackmans-pershing-square-loses-2015-gains-amid-august-stock-rout-20150827366/
Pershing Square Holdings, the publicly traded security of Bill Ackman’s activist hedge fund, lost gains made this year and fell into the red amid recent market volatility tied to China.
Hedge Funds Bloodied by China Rout in Worst Month Since 2011
2015-08-19T18:30:23.297590-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-bloodied-by-china-rout-in-worst-month-since-2011-20150819907/
Some of these investments had their worst performance since 2011, suffering double-digit losses.
Y Combinator makes its first Series B investment
2015-07-23T19:21:58.684764-04:00https://www.thetrustedinsight.com/investment-news/y-combinator-makes-its-first-series-b-investment-20150723278/
Producing rose oil from yeast sounds like something from a sci-fi novel. After all, everyone knows that rose oil, used in perfume, is squeezed from flower petals, right?...
The story of the invention that could revolutionize batteries—and maybe American manufacturing as well
2015-06-22T14:02:44.283336-04:00https://www.thetrustedinsight.com/investment-news/the-story-of-the-invention-that-could-revolutionize-batteriesand-maybe-american-manufacturing-as-well-20150622658/
Since about 2010, a critical mass of national leaders, policy professionals, scientists, entrepreneurs, thinkers and writers have all but demanded a transformation of the humble lithium-ion cell. Onl...