The New York-based turnaround firm has invested $80m into Xinhua Finance Media to aid its expansion efforts in sports broadcasting.
The seeding arm of the hedge fund of funds has provided a $75m anchor investment in London-based Beechbrook’s first ever vehicle.
Milan’s Advanced Capital will invest with up to 20 fund managers in the energy sector. CEO Robert Tomei said the investments will be split between the developing and developed worlds, as well as between traditional and alternative energies.
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.
Market conditions worldwide are darkening, but the infrastructure asset class will likely be among the first to see the sun, writes Cezary Podkul.
The financial services-focused firm has hired Mitchell Caplan, former chief executive of the online stock trading giant. Founded in 2005 as a joint venture between Venturion Capital and Jeffrey Greenberg, Aquiline is currently investing its debut $1.1bn fund.
Amid turmoil in Iceland’s financial system, the Kaupthing-backed fund was unable to repay a credit facility. The fund’s investment manager, Kaupthing Singer & Friedlander, has been replaced.
The UK finance provider’s fund close was reportedly $500m short of its $1.5bn target.
The study dovetails with broad changes already affecting the private equity industry as GPs hire more operating partners and raise families of funds.
A report from Moody's Corporate Finance reveals an increase in private equity-backed companies that are electing to use their payment-in-kind option to make interest payments.