Private Equity Wire

Our deadline to vote for your top service provider ends tomorrow! Cast your vote today for our Private Credit US Awards to see your provider be crowned one of the industry leaders! VOTE HERE: https://lnkd.in/gKH_2yWA

UK PE investment cools in H1 2024 but rebound expected in H2, says KPMG - https://lnkd.in/eg2S_S-7 TOP STORY: Mid-market private equity investment activity in the UK declined by 11% in the first half of 2024, as challenging macroeconomic conditions persisted, according to KPMG UK’s latest mid-market private equity analysis.

Oak Hill and OneIM launch $5bn European private credit partnership - https://lnkd.in/ghxJrwj6 Global credit-focused alternative asset manager Oak Hill Advisors has formed a new partnership with One Investment Management, a global alternative investment manager, to invest up to $5bn in European private credit.

Due diligence is “careful consideration” and “continued oversight” - https://lnkd.in/eJY8VKBS BNY, one of the world’s largest alternative asset servicing firms, was named as the winner of the Custodian Service of the Year category at the 2024 Private Equity Wire European Credit Awards. Elliott Brown, Global Head of Alternatives for Fund Services, outlines some of the challenges and opportunities in the private credit space.

Fund finance: how to unlock scalability with growth - https://lnkd.in/eNr8jFKp Fund finance is witnessing exponential growth, but this comes with escalating operational requirements for sponsors and lenders as they scale these facilities. Sumit Gupta, Co-Founder and Managing Director of Oxane Partners – named New Solution of the Year at the Private Equity Wire European Credit Awards for its leverage facility management solution – shares how sponsors and lenders can unlock scalability as they grow.

Macy’s stock plummets after PE talks collapse - https://lnkd.in/ep_n264n TOP STORY: Macy's took a big hit to its stock price on Monday with news that the US rental giant was terminating discussions with private equity firm Arkhouse Management and Brigade Capital Management over a potential takeover prompting a 13% fall, according to a report by Business Insider.

Outsourced solutions for private credit fund managers - https://lnkd.in/eEbnV9Cn Aztec Group caters for the fund administration and structuring needs of many leading private credit fund managers. Kevin Hogan (pictured), Head of Fund Services Ireland and Group Head of Private Credit, highlights some of the current challenges facing managers and how Aztec’s expertise and investment in technology can help them meet those challenges…

CVC to sell online trading platform Oanda - https://lnkd.in/eaDsQP63 TOP STORY: Oanda Global Corporation, an established online retail trading platform, has been put up for sale by its private equity backer, CVC Capital Partners, with the sale being managed by bankers at Nomura and Santander, according to a report by Sky News.

It’s Friday! Here’s the week’s biggest private equity news and insights! In this week's edition...Skydance soar, ESG credit gains and secondaries surge #thecarveout #privateequity #privateequitywire

📣 The Private Equity Wire European Emerging Manager Awards is back! 📣 Calling all Service Providers 📣 You can now self-nominate to be in with a chance of winning one of our prestigious awards! 1️⃣ Take a look at all of categories https://lnkd.in/efuiFbnN 2️⃣ Fill out the form https://lnkd.in/e4vJU3Sb 3️⃣ That's it! Entries close on Friday, 2nd August ⏰ Good Luck!