This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Attorney’s Office for the Southern District of Texas, announced that they would not prosecute White Deer Management LLC (“White Deer”), a Texas‑based private equity firm, in connection with sanctions and export control violations committed by Unicat Catalyst Technologies LLC (“Unicat”), a portfolio company it had acquired in 2020.
private equity market. The drop in March deal count pushed Q1 deal count to the lowest quarterly level since the onset of the pandemic in Q2 2020. Read our latest insights into the U.S. We cover monthly deal activity and size, fundraising, exits, leveraged loans, and a look ahead.
On January 7, 2025, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery issued a post-trial decision in favor of defendant, a private equity fund (the Fund), finding that the Funds sale of a portfolio company (the Company) was protected by the business judgment rule and did not harm the interests of minority stockholders.
Continued volatility in the equity capital markets has revived what was thought to be a zombie after 2022 – the SPAC. There is an old investment banking mantra that they can do an IPO in a down market or an up market, but not a volatile market.
On February 26, 2020, Chancellor Andre G. challenging the take-private buyout of the company by its controlling stockholders and a private equity firm. Bouchard of the Delaware Court of Chancery denied a motion to dismiss breach of fiduciary duty claims brought by former shareholders of AmTrust, Inc., Stockholder Litigation, C.A.
At Jefferies, she served as a US equity sales trader from April 2020 to March 2024, executing and managing US equity trades for institutional clients. Chakar brings nine years of industry experience to her new position, covering both trading and sales trading across global markets.
Vikesh Patel With this approval, the pan-European clearing house will introduce a service for European SFT transactions in cash equities and ETFs, which includes central clearing, settlement and post-trade lifecycle management. However, the group now believes it has the correct recipe for success.
Allocations: If youre young, you should invest mostly in equities, but I believe gold and silver are often good replacements for fixed income in the traditional 80 / 20 or 60 / 40 portfolios. As a specific example, I made the unconventional choice to put the safe part of my portfolio in gold and silver rather than bonds in 2020.
I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. When Mike called me about the opportunity to join Conversant, he emphasised the firm’s long-term, buy-and-hold strategy, akin to private equity.
BNY Buy-side Trading Solutions Legal & General Investment Management (LGIM) equity and foreign exchange trader Jamie Jones is set to leave the firm to join BNY’s expanding outsourced trading refit, as revealed by The TRADE. Prior to this, he worked as a principal, sales trader at Eight Capital from August 2016 to March 2020.
The third hire to Liquidnet’s US equities business is David Ramirez, who joins as a senior member of the high touch and program trading team, following on from his position as a top revenue generator on Instinet’s high touch desk. Budds also most recently worked at Instinet as an executive director from August 2017 to April 2025.
Analyst Katherine Lei said Qifu's return on equity — a widely followed profitability measure — will grow at a 9% clip from 2024 to 2027, while its earnings expand at a compounded annual growth rate of 24%. "From 2020-24, Qifu reported 84% growth in the number of clients with credit lines and an average net take rate of 3.9%
" Ryan added that the last time he upgraded Goldman Sachs was in January 2020, when the stock traded at around $220. "Accordingly, while we are bullish on the business, we see the risk/reward as balanced and we will evaluate for a new entry point or developments that change our valuation framework."
The firm's team includes analysts from leading tech private equity firms, engineers, operating partners – former technology CEOs and COOs. On April 17, Global Payments announced that it had agreed to acquire Worldpay from Fidelity National Information Services (FIS) and private equity firm GTCR. billion.
That is the third-largest decline in the VIX's history going back to 1990, according to Bespoke Investment Group data, ranking behind periods in late 2008 and mid-2020.VIX Essentially, Deutsche Bank said this has been the shortest market plunge on a volatility shock on record.
billion deal. The move is set to expand the firm’s global capabilities and will see Nomura gain $180 billion in retail and institutional client assets across equities, fixed income and multi-asset strategies. The post Nomura AM senior trader departs appeared first on The TRADE.
Anyone on sales & trading desks such as rates , equity derivatives , currencies, or commodities. When COVID began in March 2020, I thought banks might cancel summer internships, but that was completely wrong. To be fair, some people in the finance industry might benefit: Global macro traders at hedge funds.
While small caps face greater risk from tariffs and macro uncertainty, as well as from higher rates, they remain cheap compared with large-cap stocks, equity and quant strategist Jill Carey Hall wrote. Senior housing and skilled nursing facilities are expected to benefit as the population ages.
increase since 2020, according to findings in TP ICAP’s ‘exchange global share and segment sizing’ report. Global exchange revenues reached $58.9 billion in 2024, demonstrating a 7.5%
There were three tests of the 150-week moving average since 2020, with the most significant break appearing in September 2022. The first bullish signal came in May 2020, just as CAT was recovering from the Covid selloff. Last month, the weekly percentage price oscillator generated its third strong buy signal since 2019.
shortly after its IPO in mid-2020. Fibonacci retracement of the entire decline from 2020 through 2023 is near $33. The ability of RPRX to hold above the prior breakout zone while forming a continuation pattern increases the probability of a sustained move higher. The stock reached a high of $56.50 Further, the 38.2%
Overall, the stock has delivered a negative return since Callaway first announced its acquisition of Topgolf in October 2020. Even after Monday's rally, shares are down 6% in 2025 and more than 50% over the past year. This is Ogunlesi's first purchase of Topgolf Callaway stock since June 2023, according to VerityData.
According to this S&P Global report, despite the increasing challenges buyers face in obtaining financing and the other macro headwinds facing dealmakers, Q3 deal terminations reached their lowest level since 2020. Here are some of the key takeaways from the report: – Only two private equity-backed deals terminated in Q3 2023.
Since 2020, a steadily increasing number of middle-market private equity deals have included equity rollovers. Given the current acute challenges in arranging acquisition financing on palatable terms and a continued focus on ensuring alignment between private equity (PE) investors and portfolio company management, the use of rollover equity (..)
eBay is unloading its remaining shares in the online classified business Adevinta to private equity firms Permira and Blackstone for $2.2 billion in cash and 20% equity, it said. Adevinta had originally acquired eBay’s own classified business back in 2020, leaving eBay with $2.2
Governmental pressure and an improving macroeconomic outlook could see French buyout activity gaining on the UK French private equity activity posted an impressive deal value in the first half of 2024 despite political and economic headwinds. billion changed hands—a 25 percent annual increase and the fourth-highest half-year total since 2020.
Omar Darwish has joined fintech pioneer GTN as equity sales trader following a three-and-a-half-year stint at Arqaam Capital. The post GTN appoints new equity sales trader appeared first on The TRADE. His appointment comes as GTN continues its expansion efforts to build a comprehensive electronic trading and investment platform.
JSET was founded in 2020 by Eric Tyo and John Sloan. The post Hastings Equity Partners invests in JSET Automated Technologies appeared first on PE Hub.
Learn more from our leading Private Equity Course! Is Private Equity Right for You? To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?” Private equity involves Do you think PE is for you? Take advantage of our October Promotion! Just do it.
Launched at The World Economic Forum’s 2020 Annual Meeting in Davos, the SMI is a CEO-led global forum through which industries coordinate efforts to achieve sustainability goals. By: Cadwalader, Wickersham & Taft LLP
From 2020 to 2022, EBITDA became almost as prevalent as revenue metrics for determining earnout payments, according to analysis of the Goodwin Private Equity Deals Database. In 2022, EBITDA was used in 40% of earnouts, up 22% from 2020. By: Goodwin
Are you preparing for upcoming private equity interviews? If so, understanding the mechanics of a leveraged buyout is paramount… Paper LBOs are an important part of any private equity interview. To go from equity value to enterprise value, add the net debt (debt minus cash) of the company to equity value.
Private equity value creation came on my radar a few years ago when I noticed something: Even though traditional PE deal roles were not doing well, “operational” or “value creation” teams still seemed to be recruiting. What Does the Private Equity Value Creation Team Do in Real Life? Why is PE Value Creation Suddenly “Hot”?
Ripple has announced that it has acquired Metaco, a cryptocurrency custody company based in Switzerland, for $250 million in cash and Ripple equity. In 2020, Ripple and its team faced a lawsuit from the U.S. With this move, Ripple will expand its offerings as it will now be able to custody, issue and settle any type of tokenized asset.
5/31), the Chancery Court addressed a variety of claims arising out of the 2020 sale of Foundation Building Materials to a private equity firm. Last week, in Firefighters’ Pension System v. Foundation Building Materials, (Del.
Private equity firms continue to drive transaction pace and value. This blog post analyzes the significance of the statistics included in our ,, Second Quarter 2020 Sica Fletcher Agency & Broker Buyer Index. And, in fact, the number of transactions in 2020 exceeded the amount for the same period in 2018. million from $4.7
Find previous years’ recognised shortlists here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016 – 2015. The scheme has recognised numerous promising talents over the years, many of whom have gone on to expanded roles such as head of trading at some of the world’s largest asset managers and hedge funds.
The US Securities and Exchange Commission (SEC) ordered exchanges to submit new plans for governance of market data back in May 2020, in a bid to overhaul control over the equity consolidated tape and address conflicts of interest concerns. Read more: What is Reg NMS and could it be beneficial for Europe?
Ever since the 2008 financial crisis, there has been massive hype about both private equity and technology. Over the past few decades, technology private equity has gone from “barely existing” to representing the largest single sector in PE by both deal value and deal count. Why Did PE Firms Start Buying Tech Companies?
When companies need to raise capital, they have two primary options: Debt involves borrowing money, while equity involves issuing shares of ownership in the company. Apple had a strong credit rating and could borrow at a lower interest rate than the expected return on equity. The 10-year US Treasury yield in April 2013 was around 1.7%.
The accounting equation is a fundamental concept in finance that every private equity professional, investment banker, and corporate , finance expert should be familiar with. If you're interested in recruiting for private equity and mastering concepts like the accounting equation, you should check out our Private Equity Course.
My biggest takeaway from this year’s MTD 100 is the growing number of large tire dealerships that are either owned or backed by private equity groups. based dealership in 2020. based private equity firm Leonard Green & Partners remains a majority investor in Sun Auto Tire & Service Inc. Los Angeles, Calif.-based
Going to keep today rather simple — we want to celebrate and kick off the second half of the year with a simple offer for the first 10 people that take advantage of the below — PE Platform Access for $225 OFF = $74 out of pocket for lifetime access Our flagship program has placed mentees into most major private equity firms since launching in 2020.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content