Chester Moynihan, founding partner of Australia-based turnaround specialist Allegro Funds, discusses deal sourcing, the impact of credit funds, and developing a coherent approach to operations
Q: In which sectors do you see the most activity? A: We continue to see turbulence in retail. We’ve looked at a lot and passed up on a lot. There is definitely a place for retail, but the model is...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.