Wednesday, 6 May 2015
Last updated 17 hours ago
Jul 2 2014 | 5:16am ET
Private equity firms are listing and borrowing in Europe more than ever.
Financial sponsor-backed initial public offering volumes and debt issuance in Europe both set records in the first half, according to Dealogic. Much of the deal-making took place in the first quarter, with Canaccord Genuity’s Piers Coombs telling Private Equity News that there had been some “indigestion” in the second, as IPOs have underperformed.
Still, the numbers are impressive: From the beginning of the year through June 26, IPOs worth $26.5 billion were priced in Europe, a 27% jump from the first half of 2013. Debt issuance for p.e. deals also rose, by 11%, to $38.9 billion, for 27 fewer deals than in the first half of last year.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…