Author: Bianca Silva

Apollo Global Management: Acquisition of The Travel Corporation | Deal Explained

Apollo Global Management has entered into a definitive agreement to acquire The Travel Corporation (TTC), a renowned conglomerate of 18 travel brands. This strategic move marks a significant foray for Apollo into the travel and hospitality industry. TTC, with a legacy spanning

Goldman Sachs Exclusive: Trading Unit Powers Surge in Q2 Earnings

Goldman Sachs reported a significant boost in second-quarter earnings, largely driven by its robust trading operations. The firm’s fixed-income and equity traders exceeded expectations, contributing to stronger-than-anticipated results across its Wall Street activities. However, Goldman Sachs saw a

Temasek Exclusive: Minority Stake in Private Credit fund ADM Capital

Temasek’s subsidiary, Seviora Holdings, is set to acquire a minority stake in ADM Capital, a specialist in private credit. This move is part of Seviora’s strategy to enhance its private credit offerings across various regions. The deal, pending regulatory approval,

Bain Capital Exclusive: Joint Acquisition of Envestnet for $4.5bn | Deal Explained

Bain Capital has spearheaded a significant $4.5 billion acquisition of Envestnet, a leading technology platform in wealth management. The deal values Envestnet at $63.15 per share, with Reverence Capital Partners also playing a key role in the transaction. Strategic investors including BlackRock, Fidelity

HSBC Exclusive: Investment Banking Unit Revamped to Compete With Rivals

HSBC is revamping its investment banking division to better compete with industry giants like Citigroup Inc. The bank is consolidating its sector teams into five larger groups, aiming to enhance efficiency and focus on key areas such as innovation and sustainability. This strategic shift was revealed

Redwheel Exclusive: $1.4bn ESG-Focused Boutique Ecofin Acquired

Redwheel, a leading London-based fund group, has recently expanded its portfolio by acquiring Ecofin, a firm specializing in sustainable investments, for $1.4 billion. This strategic move is part of Redwheel’s broader initiative to enhance its environmental, social, and governance (ESG) capabilities. Ecofin, which was previously under

Goldman Sachs Alternatives: Acquisition of Majority Stake in Taylor Swift Stage-Builder TAIT

Goldman Sachs Alternatives has secured a majority stake in TAIT, the engineering powerhouse behind Taylor Swift’s Eras Tour stage design. The acquisition details remain undisclosed but involved buying out Providence Equity Partners’ affiliates. Previously, Bloomberg News hinted that

Barclays Exclusive: Behind the Asset Management Expansion Across Asia Wealth Markets

Barclays is set to significantly bolster its asset management operations in Asia, targeting affluent markets in India and Singapore. Nitin Singh, the regional head

Citi, Jefferies: Advisory on Devon Energy’s $5bn Acquisition of Williston Basin

Citi has taken the lead as the financial advisor in Devon Energy’s strategic acquisition of Grayson Mill Energy’s Williston Basin assets, valued at $5 billion. The deal, structured with $3.25 billion in cash and $1.75 billion in Devon stock, is set to enhance Devon’s operational scale significantly. Kirkland & Ellis LLP served

Carlyle Group: Introducing The New Head of Global Capital Markets

Carlyle Group has announced a significant change in its leadership team within the Global Capital Markets division. Brian Lindley, the architect behind the firm’s capital markets group, has stepped down after a distinguished 13-year tenure. He was instrumental in establishing