Toy maker Melissa & Doug bags $950 cash deal
Spin Master Corp. (TSX: TOY), a children's entertainment company, has reached a definitive agreement to acquire US-based Melissa & Doug, a well-recognised and trusted brand in early childhood play, for $950 million in cash.
We used to buy Melissa & Doug products for our kids before we moved...
Private equity pivots in a trying economy
Check out how private equity portfolios faired in the first half of 2023 and what GPs and LPs expect about valuations, deal flow and debt for H2. You can download the report here.
Report names VC funds whose portfolio companies are at risk for a cyber-attack
In 2023, the global cost of cybercrime is expected to reach $10.5 trillion, and venture capital-backed companies are a prime target. That's according to a cyber risk assessment of thousands of portfolio companies
A cyber security risk assessment of thousands of venture capital portfolio companies found that 65% (3,565) are exhibiting ‘high’ rated risk...
Hunter Point takes strategic minority stake in secondaries firm Coller Capital
Coller Capital (“Coller”), the UK-based private capital secondaries firm, has announced that Hunter Point Capital (“HPC”) has made a strategic minority investment in the firm.
The investment aims to support Coller’s long-term growth, notably with its Credit Secondaries business and its latest innovative RMB fund, as well as accelerating the expansion of its dealings...
Deals are down for another quarter: can private equity save itself from this economic funk?
#Privateequity and #venturecapital deal activity are down, Private Equity Wire has reported. It was to be expected. This economic funk we are all going through is as unique as it is universal. In all the years I have been monitoring private equity, things at the moment are seriously steeped in uncertainty.
Perhaps this is an unpopular opinion,...
Higher yields and transparency boosting family office allocations to private debt
Family offices are increasing their allocation to private debt, according to a new survey from Aeon Investments, a London-based credit-focused investment company. Drivers for these locations are a combination of increased transparency in the alternative asset class and attractive yields, found the report.
Its study surveyed senior executives at family offices with more...
Wealth managers: your intuition about your clients could be off, says new research
Too many wealth managers rely on intuition to determine client psychological profiles, Oxford Risk research shows
New European research from behavioural finance experts Oxford Risk reveals that wealth managers admit to being regularly surprised by their clients’ investment decisions despite claiming to have a very good understanding of their psychological profiles.
Pension funds switch investments to hedge against inflation
83% of pension fund managers expect inflation to increase over the next 12 monthsAlmost all (98%) pension fund managers believe their schemes are already well hedged against inflation, largely because they have switched investments
New research has revealed that almost six in ten (57%) pension fund managers are predicting further dramatic increases in inflation...
Alternative fund managers: it might be time to brush up on your Italian
More of Italy's pension funds will follow the footsteps of Foncer, Fondo Gamma Plastica, Fopen, Fondo Pensione Complementare Pegaso and Previmoda by increasing investments in alternative funds, it has been reported by think tank Itinerari Previdenziali. The above-named pension funds have recently committed €168m to invest in infrastructure through a project called Vesta.
According...
M&A spikes as uncertainty remains
By Victor Basta, Co-Head, DAI Magister
Over the last few months, we’re seeing more and more buyers ‘show up’ well prepared and ready to transact before a target begins any M&A process. In many cases, especially for quality targets in key sectors, we’re seeing multiple buyers appear around the same time. We think...