Business
More private credit firms now accept higher-risk ‘payment in kind’ in direct-lending deals
PIK used to be associated with distressed or mezzanine segments of private credit With higher-for-longer interest rates, regulatory…
Tag
Private
Business
Grindr chairman steps down amid his bid to take the company private
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped…
Business
Apollo, KB Securities team up to expand private credit in South Korea
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing,…
Business
Lendlease Reit raises S$280 million in private placement
The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) on Thursday (Nov 6) announced the successful completion of…
Business
Global private equity funds consider return to China as investors pivot from US
Private equity-backed deals targeting Chinese companies have totalled US$25 billion so far this year Global private equity partners are…
Business
17 exotic cars, US$500,000 private chef: First Brands’ Malaysian-born founder accused of looting US$700 million
Liquidators accuse Patrick James of raising funds with non-existent or doctored invoices At first, the sales invoice said US$179.84.…
Lifestyle
Who Was Daniel Owen? American Principal of Elite Private School and His Teen Son Stung to Death by Swarm of Asian Hornets During Vacation
An American principal of an elite private school and his teenage son died after being stung by a swarm of deadly Asian giant hornets while…
Business
Restaurant chain Denny’s to be taken private in US$620 million deal
The deal marks the latest in a wave of private equity buyouts of restaurant chains in recent years RESTAURANT chain Denny’s announced on…
News
Two People Charged for Providing Private Investigation Services Without Approval in Singapore
A 57-year-old man and a 32-year-old woman will be charged in court on Thursday, October 30, for allegedly carrying out private…
Business
Apollo looks to bring private capital to growth tech firms
The alternative asset manager has also been tapping into the startup economy more through its partnership with Cadma Capital Apollo Global…
Business
Apac private credit to reach US$92 billion in 2027 on wealth boom
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind The Asia-Pacific private credit…
Business
Temasek-backed consortium to take China’s ANE private at HK$14.33 billion valuation
[SINGAPORE/HONG KONG] ANE (Cayman) said on Tuesday (Oct 28) a consortium comprising its largest shareholder, Singapore’s Temasek Holdings,…
Business
Singapore's Lighthouse Canton to invest over US$1.5b in India; eyes private credit, real estate
Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on…
Business
Singapore's Lighthouse Canton to invest over US$1.5 billion in India; eyes private credit, real estate
Singapore-based asset manager Lighthouse Canton plans to invest over US$1.5 billion in India in the next few years, with a focus on…
Business
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.…
Business
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a…
Business
Dublin office woes hit private equity firms from Blackstone to Brookfield
The city’s vacancy rate has doubled in the last six years, exceeding the 10% reached in Paris and 8% in London and Lisbon A PARTIALLY…
Business
Meta, Blue Owl seal US$30 billion private capital deal for AI
Structured investments are becoming more in demand as insurers and other types of investors search for debt tied to assets Mark…
Business
Banks and private credit clash after Dimon’s cockroach barb
The bickering underscores what’s at stake as a tidal wave of change sweeps across the financing landscape On Wall Street, everyone’s a…
Unsorted
AI’s peak value is in training with private data: Oracle’s Larry Ellison
Models can use such information while keeping it restricted, unlocking huge productivity gains For artificial intelligence (AI) to reach…
Business
FSB warns on emerging threats from stablecoins, private finance
The groundswell of support for deregulation has meant that political appetite for new rules has been in short supply BANK of England…
Business
Shakeout in private equity weeding out weaker players, says Canadian pension fund chief
PRIVATE equity is undergoing a “structural transformation” where returns are being compressed and a process of “natural selection” is…
Business
Vingroup seeks US$500 million private credit for EV charging ports
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the…
Business
Private capital roars back in Q2 with strongest returns since 2021: MSCI
Across the board, every major private asset class has recorded an improvement on its Q1 return Private markets delivered their strongest…