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According toBloomberg Law,part of theBloomberggroup of publications, more than 20 people will lose their jobs at the private bank’s wealth management division in the UAE, and 25 roles will go in the UK. The publication, which cited unnamed sources, said that redundant roles will be finalised...
Private credit tends to refer to non-bank lending, where loans are made directly to companies or borrowers. In this video, Lalantika Medema, Executive Vice President and Product Strategist, explains the concept and the areas of opportunity today.
In 2022, KBBO Group raised an AED 150m (USD 40.8m at today’s exchange rate) DIP facility from UK-based hedge fund Fidera Limited for its hospital business EHG, the first ever DIP facility raised by an entity in a bankruptcy process in the onshore UAE courts, as reported. “Buying in...
2010 global private equity watchNew horizons emergeApril 2010 New horizons emerge A year ago, there were diverging views on the future of private Leveraged loans used to nance new acquisitions bounced back in equity (PE). Some contended the model had suffered irreparable the fourth quarter. While...