Green or Green – Growing ESG Importance in the Private Equity Industry

I. ESG in the PE industry In 2004, the then-UN general secretary Kofi Annan wrote a letter to 50 CEOs in the financial industry, urging them to further integrate sustainability into capital markets. This was the beginning of the PRI (Principles for Responsible Investment). Today, over 2,000 funds have signed the United Nations-supported PRI, upContinue reading “Green or Green – Growing ESG Importance in the Private Equity Industry”

The US economy through the eyes of this earning season

The earnings season started again, as for every quarter, with corporates announcing results and updating their business guidance. Investors were very nervous worldwide due to geopolitics tensions such as Boris Johnson’s Brexit plans, US-China trade talks and Hong Kong protests against the Chinese government. Some bears are looking at signs for the longest-ever bull market’sContinue reading “The US economy through the eyes of this earning season”

Coca-Cola takes plunge into coffee with 3.9 billion-pound Costa deal

On the 31st of August 2018, Coca-Cola (NYSE:KO) announced that it had reached a definitive agreement to acquire the U.K. Coffee-shop leader Costa for 3.9 billion pounds ($5.1 billion). This brave acquisition is a turning point for both companies.             The Coca-Cola Company  The buyer is The Coca-Cola Company, one of the biggest beverage companyContinue reading “Coca-Cola takes plunge into coffee with 3.9 billion-pound Costa deal”

The Rise and Rise of Private Equity

The past five years were fuelled with success for the private equity industry. During these years, more money has been raised, invested and distributed back to investors than ever before in the industry’s history. Let us give some figures: between 2000 and 2019 the number of Private Equity-backed companies in the US rose from lessContinue reading “The Rise and Rise of Private Equity”

Giant deal in the pharmaceutical sector: Bristol-Myers Squibb buys Celgene

Last 6th January, US drug manufacturer Bristol-Myers Squibb (NYSE:BMY) and Celgene Corporation (NASDAQ:CELG) announced that they have entered into a definitive merger agreement under which BMY would have acquired Celgene for an equity value of approximately USD 74bn. The board of the two firms welcome the acquisition which will imply that Bristol-Myers Squibb’s shareholders willContinue reading “Giant deal in the pharmaceutical sector: Bristol-Myers Squibb buys Celgene”

THE RISE OF GREEN ECONOMY, A NEW CHALLENGE FOR MANAGERS AND A NEW OPPORTUNITY FOR INVESTORS

Introducing the Green Economy Investors have always looked at various elements for their investments in order to make the best choices and historically it was mainly a matter of returns. Responsible investments began in the 1960s as a social criterion, with investors excluding stocks involved in tobacco production or in the South African apartheid regime.Continue reading “THE RISE OF GREEN ECONOMY, A NEW CHALLENGE FOR MANAGERS AND A NEW OPPORTUNITY FOR INVESTORS”

PART I – What happened in 2018? Bain & Company “Global Private Equity Report 2019”

1. PE funds produced another impressive surge in investment value in 2018, capping the strongest five-year stretch in the industry’s history. Fierce competition and rising asset prices continued to constrain deal count (i.e. the number of transactions fell by -13%, to 2,936 worldwide) with total buyout value jumped +10% to $582bn supported by a strongContinue reading “PART I – What happened in 2018? Bain & Company “Global Private Equity Report 2019””

US monetary policy influence on an increasingly globalised economy

From Quantitative Easing to Tightening Policies On Tuesday 16th December 2008, following the recession, the Federal Reserve lowered its benchmark interest rate to a range of 0 – 0.25%. The central bank also implemented the Quantitative Easing, which consists in purchasing US Treasuries and mortgage-backed securities to increase liquidity and stimulate the economy with newContinue reading “US monetary policy influence on an increasingly globalised economy”

Small investment bank boutiques cash in on mega M&A deals

(On the right side is Simon Warshaw and on the left side is Michael Zaoui)   While it’s normal that big name players take mega deals in M&A market, small investment bank boutiques in London have shared a bigger slice of the pie than ever before, and, many times, some of them are beating bigContinue reading “Small investment bank boutiques cash in on mega M&A deals”