Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Legal & General launches new fund to funnel £400m into private UK businesses July 1, 2024 Legal & General said the plans would help boost the economy and its bottom line.
Firms outside London attract the majority of private capital May 9, 2024 The majority of private equity and venture capital investment in 2023 was made outside of London, according to new data from an industry body.
IMF warns of ‘fragilities’ in booming £1.7 trillion private credit market April 8, 2024 The International Monetary Fund has warned of a "number of fragilities" in the global private credit market, even as the sector continues to soar in popularity.
Illiquid assets in higher demand from institutional investors March 27, 2024 The popularity of illiquid assets has spiked in recent years, and more institutional investors than ever are looking to put money in the asset class. Illiquid assets cover a range of investments that can’t be quickly and easily sold or exchanged for their market value, such as infrastructure or stock in unlisted companies. The asset [...]
Loopup: Stock price crashes after cancelling listing to benefit from private markets boom March 11, 2024 Loopup estimated that it needs to raise around £9m, to pay off its £6m in debts and to continue growing its cloud telephony business.
Hamilton Lane: Why retail investors should be diving into private markets February 29, 2024 The new co-CEO of Hamilton Lane has one goal: getting retail investors excited about private markets.
Amundi: Europe’s largest asset manager makes £300m private market push February 7, 2024 Europe’s largest asset manager Amundi is set to buy a Swiss private markets specialist as it becomes the latest large asset manager looking to expand into the alternatives sector. The French firm said today that it would be paying €350m (£298.3m) for Alpha Associates, which currently manages €8.5bn of assets. The acquisition will bring Amundi [...]