Private Equity Poised for Robust Second Half: LDC. Private equity firm LDC anticipates a rebound in PE over the medium and long term periods. The firm, an affiliate of Lloyds Banking Group, has backed a total of 18 investments this year. LDC expects a spike in transactions for the second half of 2020, as well …
Credit Funds on the Rise Following a credit sell-off in March, Axonic Capital is looking to make a comeback through raising nearly $1 billion. Investors are looking to capitalize on undervalued assets with this fund. The firm was a key player in the 2008 financial crisis through its role with mortgaged-backed securities. With its nascent …
Hedge Fund Axonic Capital to Raise $1 billion for Credit Deals Read More »
REAL ESTATE MANAGEMENT GOES DIGITAL. Samsung and Microsoft are teaming up to transform the property management industry through smart appliances and digital cloud technologies. The goal of this partnership is to improve operations for buildings and maintenance and residents. Samsung’s SmartThings platform will assist in building operations, asset management, and energy efficiency. Samsung’s smart home …
Real Estate: Microsoft and Samsung in Transforming Digital Move Read More »
Formidable PE Contender. Julius Baer is set to launch a new division specializing in private equity, with UBS veteran Guiseppe Filippo poised to take the reins. The firm will name this division Direct Private Investments upon its roll out in October. Julius Baer Private Equity Plans The Swiss bank will have a team of investment …
One of the nation’s leading news publishers, the McClatchy Company, will be purchased by Chatham Asset Management. This is following many years of revenue decline for the publishing company. The McClatchy Company has had 163 successful years of family ownership. It will now be sold in a bankruptcy auction to the New Jersey-based hedge fund. …
Hedge Funds: Chatham Asset Management Wins Bid for McClatchy Newspapers Read More »