TOKYO (Reuters) – U.S. buyout fund Bain Capital said on Thursday it had extended its deadline for a $1 billion buyout offer for Japanese nursing home operator Nichiigakkan Co for a second time. Bain’s bid to buy all of Nichiigakkan’s shares has been extended t... More »
NEW YORK (Reuters) – Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of loans to small businesses to help them weather the economic shutdown brought on by the coronavirus pandemic. Square, founde... More »
BEIJING (Reuters) – Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China’s technology sector. The U.S. coffee giant said in a statement... More »
(Reuters) – The Silicon Valley venture capital firm known for its early backing of companies such as Uber Technologies Inc is raising a new fund, but without one of its most prominent general partners, a source close to the firm said on Wednesday. Benchmark is... More »
LONDON (Reuters) – Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork’s planned share sale failed, data showed on Friday. Sovereign wealth-backed ve... More »
NEW YORK (Reuters) – Shares of Capital One Financial Corp (COF.N) could climb significantly if investors look beyond its well-known credit card arm to see the bank within it, according to Barron’s Dec. 7 edition. The U.S. weekly newspaper said Capital One is p... More »
HONG KONG (Reuters) – China’s Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals involving the world’s second-largest economy.... More »
NEW YORK (Reuters) – TPG Capital senior executive Bill McGlashan on Thursday left the private equity firm after he was charged in connection with a U.S. college fraud scheme that has ensnared Hollywood celebrities and corporate elite. It is the latest fallout ... More »
ALGIERS (Reuters) – Hundreds of Algerians gathered in the capital and other cities late on Sunday to protest against President Abdelaziz Bouteflika’s plan to seek re-election, according to residents and footage posted online. Hundreds of youths gathered in the... More »
BOSTON (Reuters) – Och-Ziff Capital Management Group LLC is putting a new generation into top leadership positions roughly five months after bringing in an outsider as chief executive to end a battle for control of the investment firm. The New York-based firm ... More »
A logo of Fujitsu Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai (Reuters) – Japan’s Fujitsu Ltd said on Friday it was in talks about selling i... More »
NEW YORK (Reuters) – E*Trade Financial Corp will acquire 1 million retail brokerage accounts with around $18 billion of clients’ assets from Capital One Financial, it said on Thursday. The discount brokerage will pay $170 million for the brokerage accounts, wh... More »
FILE PHOTO: Boeing’s logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo HONG KONG/PARIS (Reuters) – Chinese-owned aircraft leasing company Avolon has firmed up an order for 75 Boeing (BA.N) ai... More »
Restaurant chain Buffalo Wild Wings Inc (BWLD.O) has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter. More »
Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG (CSGN.S) into three parts, the Financial Times reported on Monday. More »
Whitney Tilson is closing his hedge fund Kase Capital, and will return capital to investors, he said in a letter to clients. More »
The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught in a transatlantic tussle, casting doubt on whether it is practical, industry and regulatory officials say. More »
Hedge fund manager David Einhorn posted gains in July which helped shrink his firm’s year to date losses to 0.2 percent, a person who has seen the performance update said on Monday. More »
Independent investment management firm HQ Capital named Jeremy Katz as a co-head of its real estate group. More »
FILE PHOTO – Investor Warren Buffet arrives for the premiere of the film ”Wall Street: Money Never Sleeps” in New York, U.S. on September 20, 2010. REUTERS/Lucas Jackson/File Photo It took less than 24 hours for Warren Buffett, one of the world’s savviest deal... More »
FILE PHOTO – The entry to the Home Capital Group’s headquarters is seen at an office tower in the financial district of Toronto, Ontario, Canada on May 1, 2017. Picture taken using a wide angle lens. REUTERS/Chris Helgren/File Photo Warren Buffett’s Berkshire ... More »
Dynasty Financial Partners LLC, which provides back-end support services to independent wealth management firms, said it had added Next Capital Management to its network of investment advisors. More »
Activist investment fund Engaged Capital LLC on Thursday nominated five members for election to Rent-A-Center Inc’s board, stepping up its efforts to push the furniture retailer to sell itself. More »
Cerno Capital appointed Tom Milnes as business development director to assist with the investment manager’s intermediary client relationships and enhance compliance with investment needs. More »
Unicredit bank logo is seen on a banner downtown Milan, Italy, May 23, 2016. REUTERS/Stefano Rellandini Italy’s UniCredit (CRDI.MI) expects to boost its best-quality capital ratio by around 78 basis points after agreeing to sell its asset manager arm Pioneer I... More »
A Gabonese man who prosecutors say acted as a “fixer” for a joint-venture involving the hedge fund Och-Ziff Capital Management Group LLC pleaded guilty on Friday to U.S. charges that he engaged in a foreign bribery scheme. More »
A general view of downtown Astana, Kazakhstan, October 8, 2015. REUTERS/Shamil Zhumatov Kazakhstan’s parliament called on Wednesday for the capital city to be renamed after President Nursultan Nazarbayev, a week ahead of a national holiday dedicated to the 76-... More »
Hedge fund Och-Ziff Capital Management, which recently settled a bribery charge with the U.S. government, warned on Wednesday that investors are likely to keep pulling money out of the firm. More »
The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst Och-Ziff Capital Management Group LLC will pay $412 million and CEO Daniel Och will pay $2.17 million to resolve... More »
A cashier counts Indian rupee currency notes inside a bank in Mumbai August 5, 2013. REUTERS/Danish Siddiqui Eleven of India’s banks will likely be in danger of breaching capital triggers with the coming increases in minimum requirements under new global banki... More »
TRENTO, Italy Excessive capital requirements can backfire, Italy’s economy minister said on Saturday, defending a joint French-Italian proposal to cap the amount of reserves that euro zone banks should have to wipe out before they can be rescued. Rules in forc... More »
NEW YORK Greenlight Capital said in an SEC filing on Monday that the New York-based firm, run by influential hedge fund manager David Einhorn, has reached no agreement on gaining a board seat at SunEdison Inc. “To date, no understanding has been reached betwee... More »
Private equity firm Cerberus Capital Management LP [CBS.UL] is close to an agreement to buy Avon Products Inc’s (AVP.N) North American business for $170 million, the Wall Street Journal reported on Thursday. New York-based Cerberus will also invest $435 millio... More »
