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Diligent’s PE owners mull $7bn sale

Private Equity Wire

The report cites unnamed sources familiar with the matter as revealing that the private equity firms have started consulting with investment banks in preparation for a potential sale process, expected to begin in early 2025. Clearlake Capital and Blackstone acquired minority stakes in 2018 and 2020, respectively.

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Why Amazon Stock Popped on Wednesday

The Motley Fool

Despite progress made in 2023, Amazon remains below 2018 levels when measured using a number of logistics-utilization metrics the investment bank tracks. The analysts noted that Amazon has significant potential for efficiency improvements this year.

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This Stock Market Indicator Has Been 70% Accurate Since 2014. It Signals a Big Move in September.

The Motley Fool

In December 2023, Wall Street analysts at 13 investment banks said they expected the S&P 500 to finish 2024 between 4,200 and 5,200. As an example, the S&P 500 has declined in 7 of the 10 Septembers since 2014, or 70% of the time. And the declines have often been brutal, especially in recent years, as listed below.

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M&A and JV Activity in Private Credit: What the Trend Could Mean for Borrowers

Private Equity Professional

Conflicts of interest, particularly arising from JVs between banks and private credit, could also create tension. These nascent alliances will require a delicate balance between investment banking divisions, leveraged finance departments, commercial and corporate lending, sales and trading desks, ancillary banking offerings (e.g.,

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JPMorgan, BofA In Talks to Finance $13 Billion DocuSign Buyout

Private Equity Insights

DocuSign faces a significant increase in leverage due to the potential buyout, as the company has never had more than $1 billion of debt since going public in 2018, according to data compiled by Bloomberg. Competition between banks and direct lenders is reaching a fever pitch in other deals, too. KKR & Co.

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Capstreet Promotes Chas Richard to Principal

Private Equity Professional

Mr. Richard joined Capstreet as an associate in May 2018 and was promoted to vice president in March 2020. Earlier, beginning in 2016, he was with the investment banking group of Barclays in New York City. The Capstreet Group has promoted Chas Richard from vice president to principal.

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India’s Lok Capital seeks $200m for Fund IV, gets AIIB support

Private Equity Insights

Indian impact investor Lok Capital has secured USD 25m from Asian Infrastructure Investment Bank (AIIB) for its fourth private equity fund. Indian impact investor Lok Capital has secured USD 25m from Asian Infrastructure Investment Bank (AIIB) for its fourth private equity fund. The target is USD 200m.

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