The Pipeline: Quinbrook Mulls Stake Sale, CVC DIF Collects €3.5bn, Macquarie’s Double Deal Week
Quinbrook Partners is weighing a minority‑stake sale to bring in strategic capital, aiming to accelerate its infrastructure expansion. Meanwhile, CVC’s Direct Investment Fund closed a €3.5 billion double‑fundraise, reflecting strong investor appetite for long‑dated, inflation‑linked assets. Macquarie Capital announced two sizable infrastructure deals in a single week, underscoring its aggressive pipeline execution. Together, these moves highlight vigorous fundraising and deal activity across the global infrastructure market.
Debt Restructuring Is Senegal’s Best Bet
Senegal’s public debt has surged to roughly 132% of GDP, placing the country in a severe fiscal bind. With limited access to cheap financing, the government faces a stark choice between costly debt service and a structured debt‑restructuring process. Analysts...
Capital Markets Expected to Drive Big 6 Banks as Earnings Season Kicks Off
Canada’s Big Six banks are kicking off first‑quarter earnings with analysts forecasting solid capital‑markets and wealth‑management revenue, positive operating leverage and contained credit losses. Return‑on‑equity expansion is highlighted as the key upside catalyst, with many institutions already raising FY2025 targets....
Goldman Sachs’ Petershill Targets $5bn for Fifth Flagship Fund
Goldman Sachs’ alternative investment arm Petershill is launching its fifth flagship fund, aiming to raise about $5 billion, equal to the size of its 2020 fund. The fund will continue the firm’s strategy of taking minority stakes in private‑market managers in...
Unpacking African Markets in the Era of Global Volatility
The Africa Markets Conference 2026 (AMC26) opened in Cape Town, hosted by Standard Bank, to examine how heightened global volatility—particularly U.S. Trump‑era tariffs—affects the continent. Organisers aim to channel private and sovereign capital into African infrastructure and growth sectors amid...
Hobbycraft Owner Explores Potential Sale of the Business
Modella Capital, which bought Hobbycraft from Bridgepoint in 2024, is reportedly preparing to explore a sale after receiving interest from an undisclosed buyer. The retailer posted a 6.3% revenue increase in the six weeks to 28 December, helped by a partnership...
Private Equity Has Entered a Hyper-Competitive Era – Bain Report
Bain & Co’s Global Private Equity Report 2026 warns that the industry has entered a hyper‑competitive era. General partners now face heightened deal competition, tighter exit windows, and stronger investor demands for cash generation. To succeed, firms must boost cash‑flow...
BJC Moves to Snap up MM Mega Market Vietnam in $720m Deal
Berli Jucker (BJC) announced a US$720 million acquisition of MM Mega Market Vietnam, buying 921.8 million shares of TCC Land International through its Singapore subsidiary C‑Distribution Asia. The deal, valued at 22.5 billion baht, targets completion in the second quarter pending shareholder and...
Singapore Chases “Growth” IPOs as Hong Kong Attracts AI Listings
Singapore announced a SGD 3.5 billion package to attract growth‑stage IPOs, including SGD 1.5 billion for pre‑IPO financing, SGD 1 billion for private‑funding schemes, and SGD 1.5 billion to develop its fund‑management sector. The Monetary Authority of Singapore also plans a dual‑listing programme with Nasdaq to give startups...
Aero-Doubles-Target-for-US$1bn-Leasing-Fund
Asset‑backed finance specialist Aero Capital Solutions announced it has doubled the fundraising target for its upcoming leasing vehicle to US$1 billion. The Aero Capital Solutions V fund, slated for launch in the second half of 2026, will concentrate on financing commercial...
Rising-Liquidity-and-PDs-Open-Door-to-Secondary-SRT-Plays
Rising market liquidity and higher probability‑of‑default (PD) levels are unlocking new opportunities in the secondary market for Significant Risk Transfer (SRT) instruments. Early stress signals in loan portfolios have prompted investors to shift capital toward buying and selling existing SRT...
IPO Watch: Taurus-Backed Endurance Mining Eyes Late 2026 Float After Reviving WA Silver and Lead Mine
Endurance Mining, backed by Taurus Funds, has revived the Abra lead‑silver mine in Western Australia, delivering a record $19.5 million EBITDA and $8.8 million free cash flow in the December quarter. Production reached 253,000 oz of silver and 19,756 t of lead at a...
SPNEC ‘Re-IPO’ Eyed by 2027
SP New Energy Corp (SPNEC) plans a re‑IPO by 2027 after merging its assets with Meralco’s renewable arm MGreen. The move follows the successful energisation of the MTerra Solar project, a 3,500‑MW solar farm paired with a 4,500‑MWh battery system....
Hollywood Merger Threatens Movie Theatres Just as They Recover
Netflix is pursuing a takeover of Warner Bros Discovery, a move that could reshape theatrical release windows just as cinemas rebound from pandemic‑induced losses. Analysts warn that a shorter exclusive‑theatre period would erode box‑office revenues for operators like AMC, Cinemark...
Indonesia Faces Record Share Sales to Meet Free-Float Goal
Indonesia must orchestrate a record‑size share sale to lift the free‑float of 267 listed firms to at least 15%, up from the current 7.5% floor. The Indonesia Stock Exchange estimates the required issuance will total about 187 trillion rupiah (approximately S$14 billion),...
In the $3 Trillion Private Credit Market, the ‘Shadow Default’ Rate Is Increasing as More Money Chases Lower-Quality Deals
Lincoln International’s Private Market Index shows the $3 trillion private‑credit sector is growing in size but slipping in quality. Enterprise value rose 1.9% while EBITDA growth slowed and the “shadow default” rate more than doubled to 6.4% over the past year....
FX Week in Review: IFOREX IPO, Plus500 Execs Sell, Prop Firm Launches Broker
iFOREX debuted on the London Stock Exchange with a prospectus showing $49 million in revenue and $4 million EBITDA, marking a significant milestone for the 20‑year‑old FX broker. Senior Plus500 executives sold more than $90 million of company stock, entering a 365‑day lock‑up...
Slovak Government Could Have Boosted Czechoslovak Group with Defence Contracts Ahead of IPO, Anti-Graft Watchdog Says
Slovak journalists allege that the Ministry of Defence awarded Czechoslovak Group (CSG) €60.36 bn in contracts after the 2023 election, potentially to lift investor sentiment ahead of CSG’s January 2026 Amsterdam IPO. The IPO raised a record‑size defence offering, valuing CSG at...
Chariot to Raise $20 Million to Fund Offshore Angola Oil Production Stake
Chariot Plc announced a $20 million equity placing to help finance the acquisition of a producing oil interest offshore Angola. The deal, in partnership with Shell Trading and Etu Energias, targets Blocks 14 and 14K, which currently produce about 8,000 barrels per day....
Vedanta Resources Mobilises $350 Million in Fresh Borrowing
Vedanta Resources secured a $350 million, 3.5‑year revolving credit facility from a consortium of six banks, including First Abu Dhabi Bank, Mashreq, Standard Chartered, Deutsche Bank and JPMorgan. The loan, priced at SOFR + 435 bps, will refinance existing maturities, fund interest payments and...
How You Can Take Advantage of Two Stock-Market Trends
The equal‑weighted S&P 500 has outperformed the cap‑weighted benchmark in 2026, breaking a decades‑long pattern of concentration in mega‑cap tech names that now comprise 19.4% of the SPDR S&P 500 ETF. Meanwhile, MSCI World ex‑USA and Emerging Markets indexes have posted double‑digit...
LinkedIn CFO Jumps to Atlassian
James Chuong, who has served nearly five years as LinkedIn’s chief financial officer, will become Atlassian’s CFO on March 30. His compensation package includes a $600,000 base salary, a 75% target bonus, a $22 million RSU grant and a $2 million signing...
Eric Avila Joins Siebert Williams Shank
Veteran public‑finance banker Eric Avila has joined Siebert Williams Shank & Co. as managing director and head of the Midwest region, bringing senior experience from Janney Montgomery Scott, Morgan Stanley, Samuel Ramirez & Co., and U.S. Bank. Siebert highlighted the hire as a catalyst to capitalize on...
Otello Corporation Share Buyback Program Status
Otello Corporation announced that its share buyback program, launched on 9 February 2026, has purchased a further 128,441 shares between 16 and 20 February at an average price of NOK 18.08, bringing the total repurchased shares to 273,954 at an average...
SmartCraft ASA (SMCRT) - Share Buy Back Result
SmartCraft ASA completed a share‑buy‑back on 20 February 2026, purchasing 4,166,666 shares at NOK 18 each, representing up to NOK 75 million of capital. The offer, run through a reverse book‑building process, reduced the free‑float and increased the company’s own holdings to 11,293,403 shares out...
J.P. Morgan Securities Fined $140,000 by FINRA
J.P. Morgan Securities LLC agreed to pay a $140,000 fine after FINRA found the firm violated MSRB Rule G‑32 and Rule G‑27. The violations involved inaccurate or incomplete Form G‑32 filings for 718 municipal bond offerings and late submission of 26 offering documents...
SFPI GROUP: Liquidity Agreement Report S2 2025
SFPI Group released its second‑half 2025 liquidity agreement report, detailing a €500 million financing package aimed at strengthening the company's cash position. The agreement introduces stricter covenants, including a minimum net‑debt‑to‑EBITDA ratio, and extends maturity to the fourth quarter of 2026....
Vistin Pharma ASA: Mandatory Notification of Trade
Vistin Pharma ASA reported that its Chief Executive Officer, Magnus Tolleshaug, bought 30,000 shares on 20 February 2026. The purchase was made at an average price of NOK 21.10 per share, raising his total holding to 105,000 shares. The transaction...
Lone View-Backed CargoSprint Acquires Dray Dog
Atlanta‑based CargoSprint, a cargo‑industry software provider, announced the acquisition of Dray Dog, a drayage‑focused platform. The deal is backed by Lone View, the venture firm that previously funded CargoSprint. By combining Dray Dog’s real‑time drayage capabilities with CargoSprint’s broader freight...
Prime Mortgages Secure a $321.2 Million RMBS From Goldman
Goldman Sachs has launched the GS Mortgage‑Backed Securities Trust 2026‑PJ2, a $321.2 million residential mortgage‑backed security backed by a pool of 255 first‑lien, fixed‑rate prime mortgages. The structure features a senior‑subordinate, shifting‑interest hierarchy with class A AAA‑rated notes and several lower‑rated tranches,...
Democratic Senators Press Bowman on Fed Changes
Democratic senators sent two letters to Fed Vice Chair Michelle Bowman questioning recent supervisory changes, including a 30% staff cut in the Fed's supervision arm and the removal of bank examiners at banks' request. They also demanded answers on her...
How an LP and a GP Are Approaching the Slower Exit Environment
In the inaugural episode of PEI Group’s "Commitment Issues" podcast, Children’s Health’s Yangge Seaman and Hg’s Steven Batchelor examine how limited partners (LPs) and general partners (GPs) are adapting to a slower private‑equity exit market. Both guests highlight a growing...
Louisiana Commission Approves $400M GOs
Louisiana’s State Bond Commission authorized up to $400 million in general‑obligation bonds, to be sold by competitive bid on April 16. The issuance will raise about $383.7 million, with roughly 67 % earmarked for state‑government capital projects, 26 % for local governments and the remainder...
High-Yield Deals Are Testing the Market and Finding Demand
The high‑yield municipal bond market is heating up early in 2024, with $2.3 billion of speculative‑grade issuance recorded YTD, representing roughly 3.4% of total municipal issuance. Strong investor appetite and a tight primary‑market supply have driven several previously shelved deals back...
Media Deals Value Surges to $250 Billion Last Year, Driven by Netflix-Warner Bros., Premium Content
Media M&A value surged to nearly $250 billion in 2025, more than double the prior year, even as deal count fell 10.1 %. The jump was anchored by two mega‑transactions: Netflix’s $82.7 billion acquisition of Warner Bros. Discovery and a $55 billion take‑private of Electronic Arts....
Novartis to Divest India Unit to Private Equity-Led Consortium for $159M
Novartis announced the sale of its majority stake in its Indian generics and prescription business to a private‑equity‑led consortium for $159 million. The transaction transfers control of a portfolio that includes both off‑patent generics and branded medicines to the buyers. The...
Commodity Boom Helps to Drive JSE Confidence
South Africa’s commodity surge—gold up 65% and platinum 125%—is fueling a boom on the Johannesburg Stock Exchange, with mining firms delivering double‑digit returns. The JSE’s recent rule changes, cutting shareholder approval thresholds from 75% to 50% and aligning disclosure standards,...
Aware Super Establishes Private Markets Division with Jenny Newmarch as Head
Australian superannuation giant Aware Super has created a new private markets division, appointing Jenny Newmarch as its head. Newmarch, previously the fund’s global head of private equity, will now oversee private equity, infrastructure and other alternative assets. She will report...
Investor Intentions: Plutus Partners Seeks New Private Equity Opportunities
Plutus Partners, a Singapore‑based single‑family office, announced it will pursue opportunistic private‑equity investments worldwide. The firm plans to allocate capital across sectors where it can add strategic value and generate outsized returns. By operating without the constraints of a traditional...
Salesforce Acquires Momentum
Salesforce announced the acquisition of Momentum, a San Francisco‑based conversational‑insights platform, with the purchase price undisclosed. The transaction is slated to close in the first quarter of Salesforce’s fiscal year 2027, pending standard conditions. Momentum’s technology captures and structures data from Zoom,...
IFOREX IPO Prospectus Details: Revenues $49M, EBITDA $4M
iFOREX listed on the London Stock Exchange at a £43.3 million valuation, equating to roughly 1.1× 2025 revenue and 19.4× earnings. The broker reported $55.1 million revenue and $3.0 million profit for the twelve months to June 2025, down sharply from its 2022 peak....
The Dating Game: Why a CapitaLand-Mapletree Merger Could Turn Into a Marriage of Inconvenience
CapitaLand Investment reported a S$142 million H2 2025 loss, largely due to a drag from its China portfolio, while teasing a possible merger with Mapletree Investments. The combined entity could command roughly S$200 billion in assets, creating a headline‑grabbing real‑estate behemoth. However, the...
M&T Says Tricolor-Related Lawsuit Could Lead to Losses
M&T Bank’s Wilmington Trust subsidiary is defending a New York lawsuit alleging it failed to fulfill custodial duties for several Tricolor‑related trusts. Plaintiffs claim the bank breached contracts and fiduciary obligations, seeking unspecified damages, interest and fees. M&T reports that...
TIP Solar Raises $179.7 Million in ABS From Residential Solar, PPA Leases
TIP Solar, backed by GoodLeap’s residential solar leases and PPAs, has issued $179.7 million in asset‑backed securities. The ABS are collateralized by 7,812 leases held by Jaguar Solar Owner 2026‑1 and structured into A‑ and B‑tranches with anticipated repayments through March 2033 and...
Global Payments' Turnaround Gets Off on the Right Foot
Global Payments reported fourth‑quarter net revenue of $2.3 billion, a 6 % year‑over‑year increase, while net income fell to $217.5 million, missing consensus forecasts. The results sparked a 13 % surge in the stock as the company completed its Worldpay acquisition and announced a...
New Faces of Finance: Hands-On Work Is Key for Development
The latest "New Faces of Finance" roster spotlights emerging finance professionals who credit hands‑on experience as the catalyst for their rapid advancement. Each profile details a blend of early‑stage operational roles, mentorship, and digital fluency that propelled them into senior...
Home Depot Alum Takes YETI CFO Seat
YETI Holdings announced that Scott Bomar, a two‑decade Home Depot finance veteran, will assume the CFO role on Feb. 23, also serving as treasurer and principal accounting officer. Bomar’s compensation package includes a $725,000 base salary, a $500,000 sign‑on bonus and significant...
Heart Failure Company BioVentrix Files for IPO
BioVentrix, a Massachusetts medtech firm developing the Revivent heart‑failure system, filed an IPO prospectus on Feb. 12, targeting a Nasdaq listing under BVXX. The company estimates a $10 billion valuation in the U.S. and $16 billion globally. Revivent, a minimally invasive LV reconstruction...
GRØNTVEDT AS – PUBLICATION OF ANNUAL FINANCIAL STATEMENTS AND RESTRUCTURING INITIATIVE
Grøntvedt AS has released its draft 2024 annual financial statements and simultaneously announced a restructuring initiative aimed at recapitalising the group. The proposal, presented to bondholders of the NO0013107474 issue, was crafted with an ad‑hoc committee representing over half of...
Securitization's Unique AI Playbook, and What's Driving It
Finance chiefs report mounting board pressure to adopt AI, mirroring similar urgency in the securitization sector. ABS leaders, like Vervent’s David Johnson, argue AI adoption must deliver speed, transparency, and control, enabling faster tape‑to‑trade cycles, cleaner data, and scalable compliance....