Trusted Insighthttp://thetrustedinsight.com/2021-03-24T08:58:51.710419-04:00Trusted 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.
Global Hedge Fund Investors With $812B Prefer Asia
2021-03-24T08:58:51.710419-04:00https://www.thetrustedinsight.com/investment-news/global-hedge-fund-investors-with-812b-prefer-asia-20210324900/
Hedge funds focused on Asia are predicting a surge of new money from North America and Europe as investors move away from overvalued U.S. assets to tap the early pandemic recovery in China and other parts of the region.
Venture Funding In Asia Surpasses North America
2018-08-23T17:36:02.901595-04:00https://www.thetrustedinsight.com/investment-news/vc-funding-in-asia-surpasses-north-america-video-20180823658/
Larry Haverty, the managing director of LJH Investment Advisors, and CNBC's Michael Santoli talk investing in China after Goldman Sachs reports that venture capital funding in Asia surpassed North America for the second consecutive quarter.
Asia-Pacific-Based Institutions Invest More Than $200Bn In Hedge Funds
2017-07-31T18:11:35.382181-04:00https://www.thetrustedinsight.com/investment-news/asia-pacific-based-institutions-invest-more-than-200bn-in-hedge-funds-20170731268/
Institutional investors based in Asia-Pacific have allocated more capital to <a href="http://www.valuewalk.com/2017/07/balyasny-asset-management-2/">hedge funds</a> in recent years, reaching a record $202bn as of the end of 2016, up from $180bn a year earlier. This is at odds with allocation trends in North America and Europe, which in 2016 saw a greater proportion of investors indicate they were seeking to draw back from hedge funds than were looking to increase their investments. The majority of capital invested in hedge funds by Asia-Pacific-based investors comes from sovereign wealth funds, while several investors, particularly in South Korea, have made their maiden investments in the asset class in 2016.
Canada Oil, Gas Assets Beat U.S. In Clash For Foreign Cash
2017-06-20T16:25:07.240843-04:00https://www.thetrustedinsight.com/investment-news/canada-oil-gas-assets-beat-us-in-clash-for-foreign-cash-20170620477/
As energy mergers and acquisitions activity in North America heats up, Canada's attitude toward foreign investors welcomes cash from China, and other nations.
People Moves: AXA IM-Real Assets Expands In North America
2017-06-05T14:26:04.179175-04:00https://www.thetrustedinsight.com/investment-news/people-moves-axa-im-real-assets-expands-in-north-america-20170605083/
<strong>AXA Investment Managers–Real Assets</strong> – The Paris headquartered company has expanded its North American team. <strong>Rob Neiffer</strong> has been named director of asset management. <strong>Shawn Duggal</strong> is now vice president of acquisitions, and <strong>Victoria Rozman</strong> is US director of accounting. <strong>Jimmy Lagreca</strong> has been named senior analyst in asset management. Neiffer joins from <strong>Amazon Worldwide</strong>. Duggal was previously vice president of direct real estate investments at <strong>Partners Group</strong> in San Francisco. Rozman and Lagreca join from <strong>JP Morgan Chase</strong>.
Ohio Police & Fire Expands Into Infrastructure And Agriculture
2017-05-23T10:15:27.888211-04:00https://www.thetrustedinsight.com/investment-news/ohio-police-fire-expands-into-infrastructure-and-agriculture-20170523790/
<p>Ohio Police & Fire Pension Fund is investing in infrastructure and agriculture for the first time.</p>
<p>The pension fund told IPE Real Estate it had committed $100m to the IFM Global Infrastructure Fund and $50m to ACM Fund II.</p>
<p>In <a href="https://realestate.ipe.com/news/investors/ohio-police-and-fire-creates-real-asset-investment-class/10016266.article">November last year</a>, it was reported that Ohio Police & Fire had created a new 5% allocation to real assets.</p>
<p>The infrastructure fund, managed by IFM Investors, is open-ended and invests in core assets across Europe, North America and Australia.</p>
Preqin: Global Private Equity Real Estate Deal Flow Declines In 1Q 2017
2017-04-27T11:39:28.062456-04:00https://www.thetrustedinsight.com/investment-news/preqin-global-private-equity-real-estate-deal-flow-declines-in-1q-2017-20170427937/
North America sees downturn of deals, while Europe posts highest aggregate total since 1Q 2016. The post Preqin: Global Private Equity Real Estate Deal Flow Declines in 1Q 2017 appeared first on Chief Investment Officer.
Paris-Based Committed Advisors Closes Third Secondary Fund At €1B
2017-04-06T10:41:46.660340-04:00https://www.thetrustedinsight.com/investment-news/paris-based-committed-advisors-closes-third-secondary-fund-at-1b-20170406260/
Paris-based Committed Advisors, a private equity investment manager, has raised its third secondary fund at a hard cap of 1 billion euros, beating its original target of 750 million euros. The fund’s limited partners include pension plans, financial institutions, family offices and high net-worth individuals across Europe, North America and the Asia-Pacific region.
WestSummit Capital Seeks $300M Third Fund To Invest In Tech
2017-04-01T15:34:41.598065-04:00https://www.thetrustedinsight.com/investment-news/westsummit-capital-seeks-300m-third-fund-to-invest-in-tech-20170401089/
WestSummit Capital is seeking to raise $300 million for its third tech fund, according to an SEC filing. Based in Silicon Valley, Beijing and Hong Kong, WestSummit invests in tech companies in North America and China.
Canada Just Bought Half Of Puerto Rico’s Main Airport
2017-03-23T10:41:54.691285-04:00https://www.thetrustedinsight.com/investment-news/canada-just-bought-half-of-puerto-ricos-main-airport-20170323791/
The pension fund for the Canadian armed forces has won an auction to buy 50 percent of the company that operates Puerto Rico’s main airport in San Juan.
Ontario Teachers’ Pension Fund Invests $2B In Clean Infrastructure Partnership
2017-03-14T10:24:34.164045-04:00https://www.thetrustedinsight.com/investment-news/ontario-teachers-pension-fund-invests-2b-in-clean-infrastructure-partnership-20170314440/
<p>The $171.4 billion Ontario Teachers’ Pension Plan has announced it is investing $2 billion in a new partnership with Anbaric, a major developer of clean energy transmission and microgrid projects, to create a new development company, Anbaric Development Partners.</p>
<p>Anbaric Development Partners will build clean energy infrastructure projects in North America and will upgrade aging transmission networks. The existing Anbaric management team will lead the new company. As part of the deal, the Ontario Teachers’ is committed to funding $2 billion in development costs.</p>
<p>The $171.4 billion Ontario Teachers’ Pension Plan has announced it is investing $2 billion in a new partnership with Anbaric, a major developer of clean energy transmission and microgrid projects, to create a new development company, Anbaric Development Partners.</p>
<p>Anbaric Development Partners will build clean energy infrastructure projects in North America and will upgrade aging transmission networks. The existing Anbaric management team will lead the new company. As part of the deal, the Ontario Teachers’ is committed to funding $2 billion in development costs.</p>
Ontario Teachers’ Partners With Clean-Energy Developer
2017-03-13T10:07:32.603357-04:00https://www.thetrustedinsight.com/investment-news/ontario-teachers-partners-with-clean-energy-developer-20170313398/
<p>The Ontario Teachers’ Pension Plan has announced a new partnership with a U.S.-based developer of clean-energy transmission projects.</p>
<p>The partnership with Wakefield, Mass.-based Anbaric will create a new development company, Anbaric Development Partners, with the aim of refreshing aging transmission networks in North America through clean-energy infrastructure projects. While the Anbaric management team will lead the partnership, Ontario Teachers’ will be funding development costs.</p>
Deal Flow Set To Improve And IPOs To Make A Comeback
2017-02-27T13:47:58.752714-05:00https://www.thetrustedinsight.com/investment-news/deal-flow-set-to-improve-and-ipos-to-make-a-comeback-20170227908/
Last year proved to be a challenging year for the private equity (PE) industry as market instability and political uncertainty took hold worldwide. But 2017 has ushered in a more optimistic outlook, according to BDO’s Eighth Annual PErspective Private Equity Study, a survey of more than 200 fund managers across North America and Western Europe.
One Equity Partners Closes Sixth Private Equity Fund At $1.65B
2017-02-16T12:08:59.522798-05:00https://www.thetrustedinsight.com/investment-news/one-equity-partners-closes-sixth-private-equity-fund-at-165b-20170216545/
<p>One Equity Partners has announced it completed fundraising for its sixth PE fund, One Equity Partners VI. One Equity Partners, with U.S. offices in New York and Chicago, is a middle-market PE firm focused on making investments in the industrial, healthcare and technology sectors in North America and Europe. </p>
Maitland Grows North America Business
2017-01-10T15:40:13.854773-05:00https://www.thetrustedinsight.com/investment-news/maitland-grows-north-america-business-20170110290/
Maitland is one of the industry's largest independent hedge fund administrators with USD280 billion in AuA. With more than 1,300 employees across 16 offices globally, Maitland is more than a fund administrator. It is a global advisory group, with its roots as an innovative law firm in Luxembourg in 1976 offering cross-border structuring solutions to corporates and some of the world's wealthiest families.Â
Versant Ventures Closes $400M Fund, Eyes Biotech In Europe
2017-01-05T11:02:36.526104-05:00https://www.thetrustedinsight.com/investment-news/versant-ventures-closes-400m-fund-eyes-biotech-in-europe-20170105138/
With the closing of its sixth fund announced Tuesday, San Francisco-based Versant now aims to invest in as many as 25 companies in both North America and Europe—half of those investments in “companies we create from scratch,” says Brad Bolzon, Versant’s managing director. Those companies will be formed through Versant’s network of laboratory and incubator spaces, a network that is now adding a new site in Europe.
The North America Managers Who Have Outperformed Warren Buffett
2017-01-04T11:00:09.584508-05:00https://www.thetrustedinsight.com/investment-news/the-north-america-managers-who-have-outperformed-warren-buffett-20170104090/
FE Trustnet finds out which fund managers have beaten the legendary investor over more recent time periods.
Trump’s Victory Already Making Hedge Funds Great Again
2016-12-16T11:09:10.435834-05:00https://www.thetrustedinsight.com/investment-news/trumps-victory-already-making-hedge-funds-great-again-20161216577/
“Hedge funds focused on North America generated healthy performance in November and exceeded all other regions, as firms capitalized on opportunities arising from the US election result,” Amy Bensted, head of hedge fund products at Preqin, said in a statement on Thursday.
Regimen Equity Partners Invests In Growth Of All Gold Imports
2016-12-14T12:47:38.115280-05:00https://www.thetrustedinsight.com/investment-news/regimen-equity-partners-invests-in-growth-of-all-gold-imports-20161214494/
Canadian private equity firm Regimen Equity Partners has invested in All Gold Imports Inc, a Markham, Ontario importer and distributor of more than 100 specialty food ingredients, including a variety of nuts, seeds and fruits. The terms of the platform deal, the fourth of Regimen’s inaugural fund, were not disclosed. Founded in 1990, All Gold supplies industrial food manufacturers and snack re-packers across North America and Australia. Louis Pillemer, the company’s CEO, said the partnership with Regimen will help it grow internationally. In July, Regimen <a href="https://www.pehub.com/canada/2016/7/3343299/?utm_source=twitterfeed&utm_medium=twitter&utm_term=Canada&utm_content=Canada+briefs" target="_blank">invested in</a> Montréal’s Plastifab Industries.
100 Most Exciting Startups In New York City
2016-12-08T10:38:24.503772-05:00https://www.thetrustedinsight.com/investment-news/100-most-exciting-startups-in-new-york-city-20161208215/
A panel of 40 judges, including Business Insider's Henry Blodget and Karl-Theodor zu Guttenberg, chairman of Spitzer Partners, chose the finalists.
L Catterton Wraps Up Eighth Buyout Fund At $2.75B
2016-11-22T16:12:43.883828-05:00https://www.thetrustedinsight.com/investment-news/l-catterton-wraps-up-eighth-buyout-fund-at-275b-20161122614/
<p>L Catterton VIII will invest between $60 million and $500 million in middle-market consumer companies in North America and Europe.</p>
<p>L Catterton’s previous buyout fund closed in September 2013 at $1.68 billion. No data was available on the performance of Catterton Partners VII L.P.</p>
<p>According to the consumer-focused private equity firm, which was formed this year through the merging of Catterton, LVMH and Groupe Arnault, L Catterton is now managing more than $14 billion in equity capital as a result of the latest fund-closing.</p>
VC Recap: IPO Golden Age Over, Unexpected Sector For M&A Exits
2016-11-22T13:21:50.464214-05:00https://www.thetrustedinsight.com/investment-news/vc-recap-difficulty-of-returning-5x-especially-in-silicon-valleys-bubble-20161122573/
Introducing Trusted Insight's Venture Capital Recap, a compilation of the most important venture capital news of the previous day. Here are the stories you may have missed:
Global VC-backed Fintech Funding Down 52%
2016-11-22T01:44:22.367688-05:00https://www.thetrustedinsight.com/investment-news/global-vc-backed-fintech-funding-down-52-20161122571/
Venture Capital funding in the financial technologies sector fell 52 percent globally to USD 2.4 billion in the third quarter this year.<br style="margin: 0px; padding: 0px; font-family: Times; font-size: medium; background-color: rgb(244, 247, 249);" />
Chinese Private Equity Players Invading US And Europe At A Faster Pace
2016-11-03T10:25:06.287151-04:00https://www.thetrustedinsight.com/investment-news/chinese-private-equity-players-invading-us-and-europe-at-a-faster-pace-20161103711/
China-based private equity funds are moving into Western developed markets at a faster face. They invested US$7.4 billion via cross-border deals into Europe and North America during the first six months in 2016, already exceeding the US$5.8 billion recorded for last year.
Preqin: Hedge Fund Launch Activity Falls Sharply In Asia, Hits Record In North America
2016-10-21T20:30:14.435683-04:00https://www.thetrustedinsight.com/investment-news/preqin-hedge-fund-launch-activity-falls-sharply-in-asia-hits-record-in-north-america-20161021061/
The proportion of Asia-focused and Asian-based hedge funds among new launches dropped sharply in the third quarter, according to new data from Preqin, while the proportion of new launches based in North America hit a new high. read more
Lee Equity Partners Co-launches New Fertility Company Prelude
2016-10-18T12:47:46.535630-04:00https://www.thetrustedinsight.com/investment-news/lee-equity-partners-co-launches-new-fertility-company-prelude-20161018779/
Lee Equity Partners, serial entrepreneur Martín Varsavsky, Reproductive Biology Associates and My Egg Bank North America have formed Prelude, a new fertility company that helps people better control their biological clocks. According to a statement about the launch, Lee Equity Partners and Varsavsky have committed up to $200 million in equity funding for the fertility sector, a portion of which financed the launch and partnership with RBA and MEB.
Goldman Sachs Veteran Joins Temasek To Push Into North America
2016-10-11T10:12:31.567150-04:00https://www.thetrustedinsight.com/investment-news/goldman-sachs-veteran-joins-temasek-to-push-into-north-america-20161011365/
Temasek Holdings has hired Goldman Sachs Group's Mr John Vaske to oversee its push into North America.
Pension Plan Assets Fall as Payouts Rise
2016-09-08T10:10:30.532760-04:00https://www.thetrustedinsight.com/investment-news/pension-plan-assets-fall-as-payouts-rise-20160908802/
Corporate pension plans in North America continued making large lump-sum payouts last year, helping push the total assets of the world’s largest 300 pension plans down 3.4% in 2015, according to research by Willis Towers Watson. The decrease was the first in five years for the 300 plans, whose assets had steadily grown since the recession.
Top Global Pension Fund Assets Drop For First Time Since GFC
2016-09-06T10:54:32.887421-04:00https://www.thetrustedinsight.com/investment-news/top-global-pension-fund-assets-drop-for-first-time-since-gfc-20160906683/
The world’s leading 300 pension funds’ total assets dropped by over 3% last year to a figure of US$14.8 trillion overall. However, Asia-Pacific (APAC) pensions delivered growth of about 1% during the year, according to newly-released research from Willis Towers Watson and P&I.
The analysis of the top 300 global pension funds revealed that despite recording the first drop in assets since the beginning of the 2008 global financial crisis (GFC), cumulative asset growth is almost 19% since then. The research also shows that the assets of the top six APAC funds increased by around 1% during 2015, as compared to a decrease of 2% for the top 20 funds. The six largest funds in APAC contributed to 41% of the total fund assets of the top 20 in the ranking.
Qatar Investment Authority Buys 9.9 Percent Stake In Empire State Building
2016-08-24T11:29:55.161857-04:00https://www.thetrustedinsight.com/investment-news/qatar-investment-authority-buys-99-percent-stake-in-empire-state-building-20160824155/
<span style="line-height: 20.8px;">Qatar Investment Authority (QIA), the Middle Eastern country’s sovereign wealth fund, bought a near 10 per cent interest in Empire State Realty Trust, owner of New York’s Empire State Building, as it boosts investments in North America and the Asia Pacific region.</span>
Private Equity Not Taking Many Firms Private In 1H 2016
2016-08-15T14:29:01.492724-04:00https://www.thetrustedinsight.com/investment-news/private-equity-not-taking-many-firms-private-in-1h-2016-20160815641/
Through the end of June, financial sponsors accounted for only 23% of 2016’s take-private transactions across North America and Europe. And this isn’t necessarily a result of overall public-to-private activity diminishing either, since strategic buyers logged 77 such deals in 1H, already 66% of 2015’s total.
European Investment Fund Anchors Closing Of Anthemis Venture Fund 1
2016-08-02T17:17:38.490413-04:00https://www.thetrustedinsight.com/investment-news/european-investment-fund-anchors-closing-of-anthemis-venture-fund-1-20160802959/
<span style="line-height: 20.8px;">Anthemis Group</span><span style="line-height: 20.8px;">, a digital financial services venture capital and strategic advisory firm, has announced the first close of the Anthemis Venture Fund I</span><span style="line-height: 20.8px;">. The fund will focus on early stage venture investments, providing pre-seed, seed and series A financing to digitally native financial services startups across North America and Europe. The fund is anchored by the European Investment Fund (“EIF”), as well as UniCredit, a leading European banking group.</span>
Blackstone Hedge Fund Portfolio Manager Joins Endowment Investor
2016-07-26T11:06:28.451801-04:00https://www.thetrustedinsight.com/investment-news/blackstone-hedge-fund-portfolio-manager-joins-endowment-investor-20160726538/
Richard Scarinci, a managing director for Blackstone Group LP, joined Partners Capital, which manages $17 billion for endowments, foundations and others.
Scarinci, 34, a co-portfolio manager in Blackstone’s hedge fund solutions group, was named a partner and will manage several large institutional clients in North America beginning in September, Stan Miranda, Partner Capital’s chief executive officer, said Tuesday in a statement.
N.A. Family Offices: Enhanced Returns In Muted Environment
2016-06-10T10:51:51.859018-04:00https://www.thetrustedinsight.com/investment-news/na-family-offices-enhanced-returns-in-muted-environment-20160610260/
At UBS, we spend a considerable amount of time studying global wealth trends and themes. For the last several years, one trend has been clear: there has been incredible growth in the ranks of the ultra-high net worth (UHNW), particularly in North America and Asia. In fact, in China alone, a new person attained billionaire status every week during the first quarter of 2015 .
Billionaire Pesenti Family Eyes Private Equity After Cement Sale
2016-05-31T09:54:24.096045-04:00https://www.thetrustedinsight.com/investment-news/billionaire-pesenti-family-eyes-private-equity-after-cement-sale-20160531470/
Italy’s billionaire Pesenti family is shifting its investment focus to private equity, armed with almost $2 billion from the sale of its 152-year-old cement business to Germany’s HeidelbergCement AG.
Trilantic North America Opens Energy-Focused Office In Texas
2016-05-20T10:33:41.489616-04:00https://www.thetrustedinsight.com/investment-news/trilantic-north-america-opens-energy-focused-office-in-texas-20160520919/
Private equity firm Trilantic Capital Management L.P. announced the opening of an office in Austin, Texas.
Seclore Reaches 80 Percent Year-Over-Year Revenue Growth And Closes Series B Funding
2016-05-19T17:24:34.068857-04:00https://www.thetrustedinsight.com/investment-news/seclore-reaches-80-percent-year-over-year-revenue-growth-and-closes-series-b-funding-20160519902/
Market Demand, Technology Partnerships and Expansion Into North America Are Key Factors in Seclore's Continued Momentum
AMP Capital, Northleaf Buy First Real Estate Asset In North America
2016-05-19T10:21:42.485911-04:00https://www.thetrustedinsight.com/investment-news/amp-capital-northleaf-buy-first-real-estate-asset-in-north-america-20160519834/
Largest US underground parking system traded.
Unbxd Raises Series B Funding From IDG Ventures, Inventus Cap, IAN
2016-05-05T11:09:30.051208-04:00https://www.thetrustedinsight.com/investment-news/unbxd-raises-series-b-funding-from-idg-ventures-inventus-cap-ian-20160505857/
Unbxd is now looking at strengthening its reach in the North America region increasing its user base for enterprise retail customers.
Ex-Fortress Exec Targets $500 Million For New Debt, Equity Fund
2016-04-28T16:27:34.874958-04:00https://www.thetrustedinsight.com/investment-news/ex-fortress-exec-targets-500-million-for-new-debt-equity-fund-20160428414/
Arvedlund, who for nine years helped to run the Fortress Partners Fund, aims to launch Turning Rock Capital with $500 million by year-end, one source said....
Bain's Asia-Pacific Private Equity Report 2016
2016-04-27T12:35:28.493460-04:00https://www.thetrustedinsight.com/investment-news/bains-asia-pacific-private-equity-report-2016-20160427318/
Despite growing economic turbulence across the Asia-Pacific region and beyond, the private equity industry in the region posted one of its strongest years on record in 2015.
Medivate Partners Invests $12M In Sillajen
2016-03-24T10:00:26.797554-04:00https://www.thetrustedinsight.com/investment-news/medivate-partners-invests-12m-in-sillajen-20160324118/
Medivate Partners, a private equity and venture capital firm investing in Asia and North America biotech/healthcare industry, has closed a $12M investment in Sillajen, a global oncolytic immunotherapeutic firm.
Insight: In Slump, Oil Firms Turn To Labs, Data Centers For Help
2016-03-09T12:30:15.981093-05:00https://www.thetrustedinsight.com/investment-news/insight-in-slump-oil-firms-turn-to-labs-data-centers-for-help-20160309236/
In a basement lab of a North Dakota research center, Beth Kurz and an assistant are peering through a scanning electron microscope, studying samples from the state's vast Bakken shale oil formation.
David Pierce: HQ Capitalises On Secondary PE Fallout
2016-03-08T14:30:24.958388-05:00https://www.thetrustedinsight.com/investment-news/david-pierce-hq-capitalises-on-secondary-pe-fallout-20160308177/
David Pierce has a 20-year career in private equity in Asia and has run HQ Capital's Asia business since 2014. Here, he gives his views on the outlook for private equity in Asia.
Credit Suisse Group AG: How to Revamp Wealth Management?
2016-03-08T09:50:06.543011-05:00https://www.thetrustedinsight.com/investment-news/credit-suisse-group-ag-adr-cs-how-to-revamp-wealth-management-20160308137/
Business Finance News sheds light on potential factors that led to a decline on Credit Suisse Group AG (ADR) ( NYSE:CS ) international wealth management business, and what measures can be taken to im...
Liquidity, Kill Switches Are The Talk Of The Currency Universe
2016-03-05T10:00:17.686129-05:00https://www.thetrustedinsight.com/investment-news/liquidity-kill-switches-are-the-talk-of-the-currency-universe-20160305984/
The specter of shrinking liquidity gripping fixed-income desks globally is creeping its way into the world’s biggest, most liquid financial market. Amid conversations about central bank policy and algorithmic trading, it was concerns about diminishing liquidity -- or the prospects of it drying up entirely during times of market stress -- that dominated discussions this week at the TradeTech FX conference in Miami. Pension funds, hedge funds and other asset managers...
ThousandEyes Pulls In $35M
2016-03-04T10:00:12.411341-05:00https://www.thetrustedinsight.com/investment-news/thousandeyes-pulls-in-35m-20160304926/
ThousandEyes, the network intelligence company that delivers visibility into every network, today announced it has closed $35 million in Series C funding led by Tenaya Capital.
CVC Capital Partners Raises $1B For New Tech-Focused Growth Fund
2016-03-03T16:30:10.629085-05:00https://www.thetrustedinsight.com/investment-news/cvc-capital-partners-raises-1b-for-new-tech-focused-growth-fund-20160303909/
Global private equity and alternative investment management company CVC Capital Partners has raised $1 billion for a new fund focused on high-growth, middle-market companies in the software and technology-enabled business services sectors.
Why Hedge Funds Like First Solar’s Future Growth
2016-03-02T16:00:12.795975-05:00https://www.thetrustedinsight.com/investment-news/why-hedge-funds-like-first-solars-future-growth-20160302835/
First Solar (NASDAQ:FSLR) is quietly becoming a hedge fund favorite. Cliff Asness’s AQR Capital Management and John Overdeck’s Two Sigma Advisors have recently upped their positions to $137.5 million and $63.3 million worth of FSLR shares respectively. These hedge fund buys are coming even as higher profile solar stocks like Elon Musk’s SolarCity (NASDAQ:SCTY) and […]
US Venture Firm Fenox Joins Forces With Japan’s Infocom Corporation To Launch Startup Accelerator In Jakarta
2016-02-29T17:00:12.579871-05:00https://www.thetrustedinsight.com/investment-news/us-venture-firm-fenox-joins-forces-with-japans-infocom-corporation-to-launch-startup-accelerator-in-jakarta-20160229714/
US's Fenox Venture Capital (Fenox) and Japanese IT services provider Infocom Corporation are joining forces to launch a first-of-its-kind startup accelerator in Indonesia, the GnB Accelerator.
Private Equity Backed Exit Value Hits $554B In 2015
2016-02-28T09:30:18.950361-05:00https://www.thetrustedinsight.com/investment-news/private-equity-backed-exit-value-hits-554b-in-2015-20160228636/
2015 remained a strong year for private equity sellers as the quantity of acquisitive buyers in the market outpaced that of sellers, contributing to sustained high valuations for those looking to exit.
LiquidPlanner Raises $2M To Bolster Online Project Management Platform
2016-02-18T17:00:11.079490-05:00https://www.thetrustedinsight.com/investment-news/liquidplanner-raises-2m-to-bolster-online-project-management-platform-20160218203/
LiquidPlanner is raising more cash to continue building its online project management platform. The Seattle startup just reeled in an additional $2 million in funding from existing investors like TVC Capital and angel investors like Geoff Entress.
Fuze Racks Up $112M In Summit Partners-Led Round
2016-02-12T18:00:11.947050-05:00https://www.thetrustedinsight.com/investment-news/fuze-racks-up-112m-in-summit-partners-led-round-20160212972/
Fuze (formerly ThinkingPhones), the leader in global voice, video, and collaboration, today announced that it has closed $112 million in financing led by Summit Partners.
Fountain Quail Water Management Secures Private Equity Commitment
2016-02-12T17:43:48.864434-05:00https://www.thetrustedinsight.com/investment-news/fountain-quail-water-management-secures-private-equity-commitment-20160212971/
<p style="line-height: 18.9091px;">Water management is a top-tier issue for most oil and gas producers. Across all U.S. shale plays, an average of 12 barrels of water is produced for every barrel of oil. In 2015, approximately 66 million barrels of water per day (BPD) flowed out of onshore U.S. oil and gas wells. By 2020, produced water volumes are expected to rise to 92 million BPD.<sup>1</sup> Industry experts estimate that 2015 oilfield water management costs in the U.S. exceeded $37 billion.<sup>2</sup></p>
Stellar Loyalty Raises $4M In New Series A Funding From TDF, InterWest
2016-02-12T16:30:18.729566-05:00https://www.thetrustedinsight.com/investment-news/stellar-loyalty-raises-4m-in-new-series-a-funding-from-tdf-interwest-20160212955/
Stellar Loyalty, the consumer relationship company, today announced $4M in new funding, completing its Series A round totaling $9M.
Private Equity Stalls As Investors Wait Out Volatility
2016-02-11T13:33:20.690411-05:00https://www.thetrustedinsight.com/investment-news/private-equity-stalls-as-investors-wait-out-volatility-20160211894/
<p style="line-height: 18.9091px;">Private equity activity leveled off in 2015, and industry leaders in a new study generally expect to replicate the same investment levels and priorities in 2016, according to a study by BDO USA. <span style="line-height: 18.9091px;">Ninety-five percent of firms surveyed said they planned to close five or fewer deals within the coming year, compared with 87% of respondents in last year’s survey who said they would close no more than five deals.</span></p>
Commercial Real Estate: Largest Broker-owned U.S. Firm Sets Up In Vancouver
2016-02-06T17:00:12.244574-05:00https://www.thetrustedinsight.com/investment-news/commercial-real-estate-largest-broker-owned-us-firm-sets-up-in-vancouver-20160206622/
The largest broker-owned commercial real estate firm in the U.S. has set up a branch in Vancouver, marking its first opening in what the firm plans will be a larger expansion into Canada. Lee & Associates Commercial Real Estate set up shop in downtown Vancouver in January, taking over an existing team of 22 brokers that previously operated under the banner of DTZ Vancouver Real Estate. The office will be led by Chris Anderson, DTZ’s former president here.
Epic Battle: Hedge Funds Versus China
2016-02-03T10:45:56.757784-05:00https://www.thetrustedinsight.com/investment-news/epic-battle-hedge-funds-versus-china-20160203406/
George Soros' successful bet against the British pound back in 1992 remains one of financial history's epic tales. In order to maintain the peg Britain raised interest rates and spent its foreign exchange reserves. But hedge funds, with Soros in the lead, sensed imminent failure and placed big bets against the pound. They were right: After some official bluster and shrill denials, Britain was in the end forced to withdraw from the ESM and devalue its currency, thus making fortunes for its hedge fund tormentors ($1 billion for Soros alone). Now fast forward to 2016. China has pegged its currency,...
KKR's Energy Head Lipschultz To Leave, Start Firm With Ostrover
2016-02-02T10:53:06.684756-05:00https://www.thetrustedinsight.com/investment-news/kkrs-energy-head-lipschultz-to-leave-start-firm-with-ostrover-20160202331/
<span style="line-height: 18.9091px;">KKR & Co.’s top energy and infrastructure dealmaker, Marc Lipschultz, will leave the private equity firm after 21 years and start a credit fund with former Blackstone Group LP executive Doug Ostrover.</span>
I Studied The World's $42B In Venture Capital — Here's Where It's Going
2016-02-01T15:00:12.218874-05:00https://www.thetrustedinsight.com/investment-news/i-studied-the-worlds-42b-in-venture-capital-heres-where-its-going-20160201285/
Once the province of U.S. tech hubs such as California’s Silicon Valley, venture capital has gone global. In a new report from the Martin Prosperity Institute, Rise of the Global Startup City, my colleague Karen King and I use detailed data from Thomson Reuters to track worldwide venture capital investment in high-tech startups.
Dan Gilbert’s Courtside Ventures Bets $35M On Esports, VR, Wearables
2016-01-28T15:30:22.943589-05:00https://www.thetrustedinsight.com/investment-news/dan-gilberts-courtside-ventures-bets-35m-on-esports-vr-wearables-20160128151/
Earlier this month, it was announced that Dan Gilbert, Quicken Loans founder and owner of the Cleveland Cavaliers, has partnered with Bruin Sports Capital and WPP on a new $35 million investment fund. Based in New York City and Detroit, Courtside Ventures will invest in early-stage tech and media startups with a focus on sports.
More Money Into The Cloud As NewVoiceMedia Gets $30M For Its Contact Center Solutions
2016-01-28T15:00:12.900857-05:00https://www.thetrustedinsight.com/investment-news/more-money-into-the-cloud-as-newvoicemedia-gets-30m-for-its-contact-center-solutions-20160128148/
The latest round is led by new VC firm BGF Ventures, with participation also from existing investors Bessemer Venture Partners (BVP), Eden Ventures, Highland Capital Partners Europe, Salesforce Ventures and Technology Crossover Ventures (TCV).
Venture Capital Investments: Rise Of The Global Startup City
2016-01-27T13:35:30.389957-05:00https://www.thetrustedinsight.com/investment-news/venture-capital-investments-rise-of-the-global-startup-city-20160127075/
Once the province of American tech hubs like California’s Silicon Valley, venture capital has gone global. This report uses detailed data from Thomson Reuters to chart the world’s leading centers for venture capital investment.
Stealth Cybersecurity Startup Fireglass Grabs $20M In Series A
2016-01-26T17:30:12.705523-05:00https://www.thetrustedinsight.com/investment-news/stealth-cybersecurity-startup-fireglass-grabs-20m-in-series-a-20160126014/
Today, the company closed a $20 million Series A led by Norwest Venture Partners, Lightspeed Venture Partners and Singtel Innov8. Mickey Boodaei and Rakesh Loonkar also participated in the round.
Cerberus CEO Defends Taking Stake In Avon
2016-01-26T14:48:13.078939-05:00https://www.thetrustedinsight.com/investment-news/cerberus-ceo-defends-taking-stake-in-avon-20160126002/
<p style="line-height: 18.9091px;">Top executives from Avon Products Inc. and Cerberus Capital Management on Thursday defended a complex deal that would see the private-equity firm take a large stake in the struggling beauty company, whose shares have plunged since the transaction was announced last month</p>
Swander Pace To Buy Swanson Health Products
2016-01-25T15:39:05.217013-05:00https://www.thetrustedinsight.com/investment-news/swander-pace-to-buy-swanson-health-products-20160125980/
<span style="line-height: 18.9091px;">Swander Pace Capital, a leading private equity firm specializing in investments in consumer products companies, today announced it has completed its acquisition of Swanson Health Products (“Swanson”), a leading online and catalog marketer of Swanson-branded and third-party healthy living products.</span>
Despite Drastic Slowdown In Q4, U.S. Venture Capital Funding Exceeds $72b, Record Year In 2015: KPMG Report
2016-01-22T18:00:22.615093-05:00https://www.thetrustedinsight.com/investment-news/despite-drastic-slowdown-in-q4-us-venture-capital-funding-exceeds-72b-record-year-in-2015-kpmg-report-20160122946/
Unicorns drop as Q4 marks four-year low for U.S. VC funding, and investors pull back on mega-round and seed-stage investments.
Fintech Startup BlueVine Grows 12x In 2015, Raises $40M In Funding Led By Menlo Ventures
2016-01-22T17:00:21.013482-05:00https://www.thetrustedinsight.com/investment-news/fintech-startup-bluevine-grows-12x-in-2015-raises-40m-in-funding-led-by-menlo-ventures-20160122940/
PALO ALTO, Calif.--(BUSINESS WIRE)--BlueVine, a leading online provider of working capital financing to small businesses, announced today it has closed $40 million in funding, bringing the company’s total funding to $64 million to date. This Series C funding was led by an investment from Menlo Ventures, with additional participation from new investor Rakuten FinTech Fund, follow-on investments from Lightspeed Venture Partners, 83NORTH, Correlation Ventures and private investors, as well as a ne
Partners Capital Names Streeter To Senior PE Post
2016-01-20T16:30:20.246233-05:00https://www.thetrustedinsight.com/investment-news/partners-capital-names-streeter-to-senior-pe-post-20160120841/
Outsourced investment office Partners Capital has appointed former Babson Capital Management executive Suzanne Streeter to the role of senior investment principal to lead the firm’s Private Equity asset class in North America. Prior to taking on her new role, Streeter was managing director, fund investments & advisory for Babson Capital Management, where she led private equity fund and equity co-investments on behalf of MassMutual. Beforehand, she was associate director for the private equity program at the Yale University Investments Office, and held roles at Morgan Stanley in both global capital markets and investment banking. “Private Equity is a core...
Investors To Commit €48bn To Global Real Estate This Year
2016-01-14T17:00:18.136250-05:00https://www.thetrustedinsight.com/investment-news/investors-to-commit-48bn-to-global-real-estate-this-year-20160114582/
Investors will commit a minimum of €48bn to global real estate this year, according to research by INREV, ANREV and PREA.
Tricon Capital Announces $150M In Real Estate Acquisition Deals
2016-01-14T17:00:12.482105-05:00https://www.thetrustedinsight.com/investment-news/tricon-capital-announces-150m-in-real-estate-acquisition-deals-20160114581/
Tricon Capital Group Inc., a principal investor and asset manager focused on the residential real estate industry, provided an update today on its recent acquisition activities within its various business verticals totaling approximately $150 million of committed capital.
Singapore Store Fixtures Firm Futuristic Receives Heliconia Investment
2016-01-11T10:12:04.281606-05:00https://www.thetrustedinsight.com/investment-news/singapore-store-fixtures-firm-futuristic-receives-heliconia-investment-20160111307/
<p style="line-height: 20.8px;">Homegrown company Futuristic Store Fixtures has become the latest firm to receive an investment from Heliconia Capital Management, a private equity firm owned by Temasek Holdings</p>
PwC-AIMA Survey Finds Silver Lining In Increased Regulation
2016-01-06T12:30:13.109530-05:00https://www.thetrustedinsight.com/investment-news/pwc-aima-survey-finds-silver-lining-in-increased-regulation-20160106126/
Nearly half of hedge fund firms plan on launching a new hedge fund by the end of this year, and hedge fund and liquid alternative assets under management (“AUM”) keep rising, according to a recent study published by PwC and the Alternative Investment Management Association (“AIMA”). This is despite – or in the survey authors’ view, possibly because of – the increasingly stringent regulatory environment that alternative asset managers face. The PwC/AIMA report is based on a mid-year survey of 146 global firms that operate hedge funds, liquid alternatives, or both. The respondents collectively manage around $550 billion in hedge...
North America Drives Global PE-Backed Buyout Deal Activity In 2015
2016-01-05T17:03:36.196756-05:00https://www.thetrustedinsight.com/investment-news/north-america-drives-global-pe-backed-buyout-deal-activity-in-2015-20160105059/
Private equity-backed buyout deal activity saw continued growth in 2015, as 3,546 deals were recorded totaling $409bn. This represents an 18% increase on the $348bn of private equity-backed deals in 2014, and it is the sixth consecutive year in which global deal value has increased. These figures are expected to rise by a further 10-20% as more data becomes available.
Aggregate Venture Capital Deal Value Hits Record High In 2015
2016-01-05T15:28:17.698565-05:00https://www.thetrustedinsight.com/investment-news/aggregate-venture-capital-deal-value-hits-record-high-in-2015-20160105037/
2015 saw the aggregate value of venture capital deals increase for the third successive year to stand at $135.8bn, up from $93.5bn in 2014 and more than double the $57.1bn in 2013.
The Recently Enacted “PATH” Act Of 2015 Drastically Changes And Improves The US Federal Income Tax Rules For Certain Foreign Retirement And Pension Funds Investing In Real Estate In The United States
2016-01-04T17:46:36.467116-05:00https://www.thetrustedinsight.com/investment-news/the-recently-enacted-path-act-of-2015-drastically-changes-and-improves-the-us-federal-income-tax-rules-for-certain-foreign-retirement-and-pension-funds-investing-in-real-estate-in-the-united-states-20160104002/
Under the US tax laws, foreign persons are typically not subject to US tax payment and US tax filing requirements with respect to US-source capital gains, unless such capital gains are treated as (or deemed to be) income that is effectively connected with the conduct of a trade or business in the United States (“Effectively Connected Income”). FIRPTA includes within Effectively Connected Income: (i) gains from the sale or disposition of a “United States real property interest” (“USRPI”), which includes shares in a “United States real property holding corporation,” and (ii) distributions from a REIT of amounts that are attributable to the disposition by the REIT of a USRPI (“capital gain dividends”).
Top 28 Fintech Investors In Europe
2015-12-29T16:23:26.528473-05:00https://www.thetrustedinsight.com/investment-news/top-28-fintech-investors-in-europe-20151229891/
Global investment in financial technology ventures, or fintechs, tripled to US$12.21 billion in 2014, according to Accenture, a clear indication that the financial sector is poised to be disrupted by new entrants.
El Nino Batters Pacific Rim Agriculture From Australia To Vietnam, As Economists Debate Price Fallout
2015-12-28T15:24:08.292270-05:00https://www.thetrustedinsight.com/investment-news/el-nino-batters-pacific-rim-agriculture-from-australia-to-vietnam-as-economists-debate-price-fallout-20151228783/
While the climate phenomenon called El Niño has brought near-ideal growing conditions for many farmers throughout North America and South America in 2015, it has wreaked havoc on the agriculture of other countries around the Pacific Rim. From dry cattle pastures in Australia to struggling coffee farms in Vietnam, El Niño has struck several nations in the Asia-Pacific region hard this year, the Wall Street Journal reported.
PE HUBOrbiMed Closes Sixth Venture Fund At $950M
2015-12-23T12:30:15.095135-05:00https://www.thetrustedinsight.com/investment-news/pe-huborbimed-closes-sixth-venture-fund-at-950m-20151223653/
Investors of OrbiMed Private Investments VI include medical research institutions, endowments, foundations and sovereign wealth funds. Fund VI will focus on companies in North America and Europe in the following sectors: biopharmaceuticals, medical devices, diagnostics and healthcare information technology. OrbiMed said it expects to invest in about 30 portfolio companies in amounts ranging from $10 million to $75 million.
PE HUBSummit Invests $55M In Siteimprove A/S
2015-12-23T12:00:31.620209-05:00https://www.thetrustedinsight.com/investment-news/pe-hubsummit-invests-55m-in-siteimprove-as-20151223641/
Copenhagen, Denmark and London, UK – December 22, 2015 – Siteimprove A/S, a leading provider of web governance software, today announced that it has received a $55 million minority investment from global growth equity firm Summit Partners. The funding will support Siteimprove’s continued expansion of its global operations, sales and marketing as well as the development of its category-leading SaaS solutions for web governance.
Canada Pension Plan Investment Board And Goodman Increase China Equity Commitment By US$1.25B And Acquire Nine Projects
2015-12-22T13:51:27.321409-05:00https://www.thetrustedinsight.com/investment-news/canada-pension-plan-investment-board-and-goodman-increase-china-equity-commitment-by-us125b-and-acquire-nine-projects-20151222566/
Canada Pension Plan Investment Board (CPPIB) and Goodman Group (Goodman or Group) are pleased to announce a US$1.25 billion increase in their equity allocation to the Goodman China Logistics Partnership (GCLP or Partnership).
PE Firm Cerberus Close To Buying 80% Of Avon North America Unit
2015-12-21T16:30:15.633903-05:00https://www.thetrustedinsight.com/investment-news/pe-firm-cerberus-close-to-buying-80-of-avon-north-america-unit-20151221514/
Private equity firm Cerberus Capital Management LP is close to an agreement to buy 80 percent of Avon Products Inc‘s North American business for $170 million, the Wall Street Journal reported on Thursday. New York-based Cerberus will also invest $435 million for a nearly 17 percent stake in the parent company,... Read more »
OrbiMed Launches $950M Healthcare Venture Capital Fund
2015-12-21T10:13:18.475570-05:00https://www.thetrustedinsight.com/investment-news/orbimed-launches-950m-healthcare-venture-capital-fund-20151221437/
<span style="line-height: 20.8px;">Consistent with its predecessor funds, the new fund will invest in all stages and sectors of the healthcare industry, with a focus on biopharmaceuticals, medical devices, diagnostics and healthcare IT companies located in North America and Europe. The new fund is expected to invest in approximately 30 portfolio companies in amounts generally ranging from $10 million to $75 million.</span>
Pension Fund-owned AFIAA Revises Real Estate Target Returns
2015-12-19T09:30:19.905102-05:00https://www.thetrustedinsight.com/investment-news/pension-fund-owned-afiaa-revises-real-estate-target-returns-20151219431/
Swiss foundation devises ‘dynamic return model’ as it plans further acquisitions
CVC Capital Partners’ Growth Fund Makes $80M Investment In Kount Inc.
2015-12-18T10:00:17.316710-05:00https://www.thetrustedinsight.com/investment-news/cvc-capital-partners-growth-fund-makes-80m-investment-in-kount-inc-20151218357/
BOISE, Idaho & NEW YORK--(BUSINESS WIRE)--Kount Inc. (“Kount”) and CVC Capital Partners (“CVC”) announced today that the CVC Growth Fund will provide an $80 million growth equity investment to Kount, a leading provider of online and mobile fraud detection and prevention solutions. The investment will enable Kount to accelerate product innovation, expand its global footprint, and enhance customer support services. Based in Boise, ID, Kount provides cloud-based fraud detection solutions that enab
The Carlyle Group And Montefiore Investment Announce They Have Entered Into Exclusive Negotiations With PAI Partners For The Sale Of B&B Hotels
2015-12-17T13:00:17.706870-05:00https://www.thetrustedinsight.com/investment-news/the-carlyle-group-and-montefiore-investment-announce-they-have-entered-into-exclusive-negotiations-with-pai-partners-for-the-sale-of-bb-hotels-20151217283/
Carlyle executives share their views and expertise on a range of investment, public policy and economic matters through podcasts, op-eds, policy papers, TV interviews, speeches and presentations. We believe that being a good corporate citizen is good business practice and creates long-term value for our investors. Founded in Brittany, France in 1990, B&B operates a network chain of 343 budget hotels as of 30 September 2015 with a total of 28,503 rooms across France, Germany, Italy, Spain, Poland, Czech Republic and Morocco. B&B is at the “high-end” of the budget hotel segment, serving business and leisure travellers. PAI intends to...
Thompson Street Capital Partners Closes $640M Fund IV Well Above Target
2015-12-17T11:30:21.737329-05:00https://www.thetrustedinsight.com/investment-news/thompson-street-capital-partners-closes-640m-fund-iv-well-above-target-20151217267/
Private equity company Thompson Street Capital Partners has closed its latest private equity vehicle, named TSCP IV, with $640 million in commitments. The firm, which specializes in investments in middle market founder-led businesses, said the fundraising began in September 2015 and closed in December. Total commitments of $640 million exceeded the fund’s target of $500 million and the original hard cap of $600 million. It is currently investing out of the new fund. Founded in 2000, Thompson Street has acquired more than 100 companies in the business services, healthcare services and engineered products sectors. The firm has managed more than...
UK-based Impellam Group enters agreement to acquire Bartech for $120 million
2015-12-11T15:00:32.535383-05:00https://www.thetrustedinsight.com/investment-news/uk-based-impellam-group-enters-agreement-to-acquire-bartech-for-120-million-20151211947/
Sherri Welch - UK-based Impellam Group plc has entered an agreement to acquire Southfield-based Bartech Holding Corp. and its subsidiary Bartech Group Inc. for $120 million in cash and debt. The deal closed Wednesday. Bartech, a global managed services provider, had been majority-owned by Sverica Capital Management LLC, a private equity firm, since March 2012. For Impellam, the deal represents an “exciting opportunity to create top line growth by achieving increased market share at strong margins and
New Parowan solar plant among 12 largest in North America
2015-12-11T13:13:48.136400-05:00https://www.thetrustedinsight.com/investment-news/new-parowan-solar-plant-among-12-largest-in-north-america-20151211938/
The state's first utility scale solar plant was officially commissioned Thursday, shining a new light on an era of renewable energy for Utah by more than doubling its solar footprint.
California Welcomes World’s First Fully Sustainable Biofuel Facility
2015-12-11T12:11:26.378237-05:00https://www.thetrustedinsight.com/investment-news/california-welcomes-worlds-first-fully-sustainable-biofuel-facility-20151211926/
California is welcoming the world’s first fully sustainable liquid biofuel facility to help address energy needs and climate goals with an economically viable solution.
Investcorp Amasses $400M of Office, Industrial
2015-12-11T11:09:08.036825-05:00https://www.thetrustedinsight.com/investment-news/investcorp-amasses-400m-of-office-industrial-20151211898/
<span style="line-height: 20.8px;">Representing four separate transactions, the deals comprise a total of about 5.5 million square feet and are valued at approximately $400 million.</span>
Provenance Hotel Partners Announce Creation of $525 Million Provenance Hotel Partners Fund I
2015-12-09T15:27:52.693248-05:00https://www.thetrustedinsight.com/investment-news/provenance-hotel-partners-announce-creation-of-525-million-provenance-hotel-partners-fund-i-20151209806/
Provenance Hotel Partners, the real estate investment affiliate of Provenance Hotels – Portland-based operators of lifestyle hotels – has launched Provenance Hotel Partners Fund I (“PHPF I”), a $525 million real estate investment fund.
UK-based Impellam Group enters agreement to acquire Bartech
2015-12-09T13:00:23.949068-05:00https://www.thetrustedinsight.com/investment-news/uk-based-impellam-group-enters-agreement-to-acquire-bartech-20151209778/
Sherri Welch - UK-based Impellam Group PLC has entered an agreement to acquire Southfield-based Bartech Holding Corp. and its subsidiary Bartech Group Inc. for $120 million in cash and debt. The deal is expected to close Wednesday. Bartech, a global managed services provider, had been majority-owned by Sverica Capital Management LLC, a private equity firm, since March 2012. For Impellam, the deal represents an “exciting opportunity to create top line growth by achieving increased market share at strong
Hedge Funds Up 2.58%, Resume Recovery In Q4 With 0.88% Gains
2015-12-09T12:30:16.622950-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-up-258-resume-recovery-in-q4-with-088-gains-20151209769/
November was dominated by the theme of a US rate hike later in the year, along with the ECB’s dovish stance regarding further easing in the Eurozone. The latter has been to some extent realised earlier during this month when the ECB decided to cut deposit rates even further, adding to their menu an ever expansive array of negative yielding bonds on offer from countries otherwise plagued with anaemic growth. It would be interesting to see how this easy credit and the simultaneous calls for reforms aka austerity will lead the Eurozone onto firmer grounds. Meanwhile markets struggled with soft...
Avon (AVP) In Play: Barington, Cerberus Duel For Cosmetic Maker
2015-12-07T15:30:21.026103-05:00https://www.thetrustedinsight.com/investment-news/avon-avp-in-play-barington-cerberus-duel-for-cosmetic-maker-20151207635/
Unlike earlier this year, or on several other occasions (chart below), this time the breaking news that cosmetic maker Avon Products is in play is apparently not a hoax. For background, industry rival Coty Inc offered to buy Avon for $10 billion back in 2012, and the stock ran up to above $23 a share, but the BoD rejected Coty’s offer as too low and “opportunistic”. A group of private equity investors helmed by Barington Capital proposed a restructuring of Avon earlier this week, arguing that the cosmetics maker is “significantly undervalued” and saying they strongly opposed the sale of...
Texas Company Serves as Foothold for Chinese Investors in U.S. Oil Patch
2015-12-04T10:50:20.080226-05:00https://www.thetrustedinsight.com/investment-news/texas-company-serves-as-foothold-for-chinese-investors-in-us-oil-patch-20151204528/
<p>Few people have heard of Blue Whale Energy North America Corp., but the Houston company has purchased oil fields in Texas with $1.3 billion from Chinese investors–all with the blessing of U.S. regulators.</p>
<p>Since April, Blue Whale has acquired the oil assets from three companies backed by such private equity firms as <a href="http://blogs.wsj.com/privateequity/2015/11/06/chinese-company-makes-a-complicated-play-for-texas-oil-fields/" target="_blank">ArcLight Capital Partners and Denham Capital</a>.</p>
<p>Launched in 2014, Blue Whale serves as a foothold for Yantai Xinchao Industry Co., a Chinese industrial conglomerate that intends to expand its business into energy exploration and production.</p>
<p>“As one of the largest oil consumers globally, China has seen consistently increasing demand for oil resources in recent years,” Yantai said in a Dec. 3 announcement about funding the purchases.</p>
<p>“The current crude-price downturn presents a good opportunity to acquire overseas quality oil-field assets,” it said.</p>
Nikesh Arora, Softbank aim to be tech's Berkshire Hathaway
2015-12-03T12:49:35.477327-05:00https://www.thetrustedinsight.com/investment-news/nikesh-arora-softbank-aim-to-be-techs-berkshire-hathaway-20151203499/
<span style="line-height: 20.8px;">Arora isn’t a movie idol or a YouTube star—he’s a tech executive, and one whose name most Americans wouldn’t recognize. He didn’t encounter this sort of reception in San Francisco, where he had spoken at TechCrunch Disrupt a month prior, or in New York City, where he addressed a Goldman Sachs gathering. At such events he’s treated with a mixture of respect and curiosity, as you’d expect for someone who helped turn Google </span><span style="line-height: 20.8px;">into a behemoth and then left it, not for a CEO job, not to business-ify another up-and-coming Silicon Valley company, but to make investments at SoftBank</span><span style="line-height: 20.8px;">, an enigmatic Japanese telecom conglomerate.</span>
Private Equity's Paper Tigers
2015-12-02T16:14:15.611380-05:00https://www.thetrustedinsight.com/investment-news/private-equitys-paper-tigers-20151202452/
These elite funds style themselves as the alpha predators of the investing jungle. But their investors may be the only ones to get bitten.
<p>With 2015 shaping up as the worst year for investing since the Great Recession, investors are wondering where to turn. Stocks? They had a tumultuous and disappointing year. Bonds? Credit concerns multiplied, and spreads widened. Oil or other commodities? Fuggedaboutit. For many investors, institutions in particular, private equity beckons as a singularly soothing and lucrative safe haven.</p>
Why are hedge funds the fastest growing asset class among family offices?
2015-11-30T17:32:20.096435-05:00https://www.thetrustedinsight.com/investment-news/why-are-hedge-funds-the-fastest-growing-asset-class-among-family-offices-20151130306/
Data revealed that the average family office portfolio allocated approximately 9% to hedge funds in 2015, up from 7% the year before, making it the fastest growing asset class for the year. The report also revealed that family offices invested approximately $73 million on average to hedge funds in 2014, primarily in long/short equity and global macro strategies, and found that they were particularly popular in North America and emerging markets.
Peru mining, energy ministry sets US$170mn budget for 2016
2015-11-30T13:26:41.704845-05:00https://www.thetrustedinsight.com/investment-news/peru-mining-energy-ministry-sets-us170mn-budget-for-2016-20151130291/
The ministry plans to invest US$170mn in its sectors next year.