Tuesday, 23 September 2014
Last updated 42 min 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.