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financialexpress.com 8hours ago

Reliance On Track To Achieve Zero Net Debt - The Financial Express

The company, controlled by billionaire Mukesh Ambani, has sold minority stakes in its digital arm to Facebook and private equity firms such as Silver Lake, Vista Equity, KKR and General Atlantic to raise a cumulative Rs 78,562 crore.
Read by 70% of LPs

reuters.com 3 hours, 18 minutes ago

Kkr And Cinven In Takeover Talks With Spain's Masmovil -sources

A consortium of three buyout funds including KKR and Cinven is looking to launch a takeover bid for Spanish telecoms company MasMovil , two sources close to the matter told Reuters.
Read by 38% of LPs

business-standard.com 5 hours, 18 minutes ago

Cash-rich Pe Firms, Nbfcs Seek Deals From Realtors On Social Media | Business Standard News

Deals for stalled projects, last-mile financing being sought. : Last week, Amar Merani, chief executive and managing director (MD) of Xander Finance - the lending arm of Singapore-based private equity (PE) firm Xander - asked for last-mile or finished commercial and residential inventory deals for long-term structured credit on his LinkedIn profile. Merani said manufacturing and service companies outside real estate - but having a robust business model, distinct cash flows, and model leverage - can also reach them.
Read by 42% of LPs

business-standard.com 8 hours, 43 minutes ago

Ril On Track To Attain Zero Net Debt Even If Aramco Deal Is Delayed: Report | Business Standard News

Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay. : Riding on the Rs 1.3 trillion in aggregate fund raising in the last few weeks, Reliance Industries is expected to repay its entire reported net debt even if the Saudi Aramco deal is delayed, a brokerage report said. The company, controlled by billionaire Mukesh Ambani, has sold minority stakes in its digital arm to Facebook and private equity firms such as Silver Lake, Vista Equity, KKR and General Atlantic to raise a cumulative Rs 78,562 crore.
Read by 42% of LPs

telecom.economictimes.indiatimes.com 8 hours, 43 minutes ago

Reliance: Reliance On Track To Achieve Zero Net Debt: Report, Telecom News, Et Telecom

The company, controlled by billionaire Mukesh Ambani, has sold minority stakes in its digital arm to Facebook and private equity firms such as Silver Lake, Vista Equity, KKR and General Atlantic to raise a cumulative Rs 78,562 crore.
Read by 55% of LPs

businessinsider.com May 30, 2020

An Ecm Resurgence: Why Companies Sold Record Levels Of Stock In May

Corporate America sold record-shattering amounts of stock in May. IPOs and other equity issuances were overshadowed this spring as stock markets tanked and corporates rushed to raised debt instead. But volatility has faded and markets have rebounded, thanks in part to stimulus from the Federal Reserve. Stock issuance is surging again, producing more than $70 billion in deals in May. Companies are stockpiling cash in case of another downturn -- some to protect themselves in case revenues disappear, and others so they can pounce on M&A deals that may arise.
Read by 38% of LPs

globalcustodian.com May 29, 2020

Leading Digital Asset Platforms Make Their Move Into Prime Brokerage

Three of the largest digital asset platforms have moved into the crypto prime brokerage space over the past seven days, as the importance of the function to attract institutional investors becomes abundantly clear.
Read by 78% of LPs

mondovisione.com May 29, 2020

Mas Registered Rf Fund Management Secured Inaugural Vcc Incorporation Strategic Milestone - Following Approval Of Mas Status, Rf Fund Management Announces Its Inaugural Private Equity Vehicle, Rf Transformation Fund Vcc For The Digital Economy Spurring Global Investment Innovation

Singapore's Monetary Authority of Singapore (MAS) registered RF Fund Management, a subsidiary of RF International Holdings, has unveiled following approval of MAS status that the Accounting and Corporate Regulatory Authority (ACRA) has confirmed its RF Transformation Fund VCC has been incorporated under section 16(4) of the Variable Capital Companies (VCC) Act on 26th May 2020 as an umbrella VCC. This incorporation paves the strategic milestone for RF Fund Management to steadily pursue their inaugural US$50 million Private Equity Fund.
Read by 77% of LPs

financemagnates.com May 29, 2020

Maicapital Launches Bitcoin-based Quant Fund | Finance Magnates

Hong Kong-based blockchain investment manager establishes its second crypto-themed quantative hedge fund. : SFC-licensed blockchain and crypto-related asset manager, MaiCapital announced this week the launch of its second crypto-themed quantitative hedge fund, Bitcoin+ Investment Fund1 , which aims to track and potentially outperform Bitcoin's performance in various market conditions. MaiCapital is an alternative investment manager in Hong Kong and a pioneer in applying institutional investment practices to the innovative cryptocurrency space.
Read by 67% of LPs

fnlondon.com May 29, 2020

Poorly-timed Health-care Buyouts Bruise Kkr And Blackstone - Financial News

Two big health-care buyouts are shaping up to be among the worst-performing private-equity investments in recent years. The coronavirus pandemic is only the latest reason why. Physician-staffing firms Envision Healthcare Corp. and TeamHealth Holdings Inc., whose emergency-room workers are ubiquitous throughout the country, were purchased by KKR & Co. and Blackstone Group Inc. in 2018 and 2017 for roughly $6bn and $3bn, respectively.
Read by 50% of LPs