The move by the Absolute Return Capital fund follows a difficult summer for the hedge fund industry.
Bain Capital will reportedly liquidate a $2.2 billion hedge fund, citing a challenging market for go-anywhere investing. Bloomberg’s Sabrina Willmer and Simone Foxman report that Bain will shutter its Absolute Return Capital fund, a global macro fund that has lost 8% on an annualized over the past three years. The pair cite a letter sent […]
Earlier this month, the private equity firm Bain Capital LLC took a minority stake in the family-owned company Sundial Brands LLC for an undisclosed amount. Sundial's commercial products include Shea Moisture and Nubian Heritage, hair and beauty lines targeted at black consumers. Show More Summary
Last Tuesday, while I was enjoying a week off the grid, AvidXchange announced they had raised a $225 million financing led by Bain Capital Ventures. I’m psyched to be joining the board of a company co-founded and run by Mike Praeger, a friend of mine for over 20 years. Show More Summary
…What happens when the Black community can no longer support the needs of the business itself? This question came to mind recently when I read about how private-equity firm Bain Capital LLC is taking a minority stake in Sundial Bran...
Good morning. And what does Mars smell like? Weather is a news and journalism mainstay. But the cable channel is for sale. (Bloomberg). It was bought by Blackstone Group, Bain Capital and Comcast Corp.'s NBCUniversal for $3.5 billion...Show More Summary
Cargill has entered into an agreement with Altor Fund III and Bain Capital Europe III to acquire EWOS, a global leader in salmon nutrition for 1.35 billion euros. The transaction, which is subject to regulatory approvals, is expected to close before the end of the calendar year.
Bain Capital and Blackrock have created dedicated impact practices. High net-worth individuals and family offices are gathering to share deals, ideas and experiences. Foundations are sharing best practices. And yet, the amount of dollars invested in real projects and actual businesses is still a minuscule percentage of all invested capital. What’s holding us back?
Specs Current gig CEO, Clear Channel Outdoor Americas Previous gig Operating partner, Bain Capital Age 46 Why join Clear Channel now? I'm coming from the operational part of Bain Capital, so my job was to work with companies on change programs and innovation. Show More Summary
...and apparently likes what he sees.
VB Event: Ahead of their participation at GrowthBeat Summit, Jet.com's Liza Landsman and Bain Capital Ventures' Scott Friend talk to VentureBeat about how shopping club startup Jet can keep from being disrupted itself.
VB Event: Jet.com’s Chief Customer Officer Liza Landsman, along with Scott Friend, Managing Director of Bain Capital Ventures -- which led the last round of the brand's funding -- will be featured in an intimate fireside chat at GrowthBeat Summit.
Work management and collaboration platform Wrike today announced that it has raised a $15 million Series B round led by Scale Venture Partners with participation from DCM Ventures and previous investor Bain Capital Ventures. As the company...Show More Summary
Thomas Friedman of The New York Times agrees with me on the Trans-Pacific Partnership I discussed last week. I say, let Obama fast-track this deal like Bain Capital would – aggressively and with an end in mind. Friedman thinks so too. I see not only better global supply chain performance, [...]
(Paul Mirengoff) I have referred to the Clinton Foundation as “Hillary Clinton’s Bain Capital” on the theory that it will connect her to unsympathetic figures and entities who behave badly in something like the way Bain Capital was said to connect Mitt Romney to bad corporate behavior. Show More Summary
(Paul Mirengoff) Newsweek reports that “one of the biggest benefactors to the Clinton Foundation has been trading with Iran and may be in breach of US sanctions imposed on the country.” The “benefactor” in question is Victor Pinchuk,...Show More Summary
source: Boston Globe ANALYSIS The "Americanized Negro" has a challenge that remains unresolved in his psyche. His leftist activist history while on the outside tells him: "Capitalism = Racism" and his main purpose must be to DESTROY CAPITALISM. Show More Summary
The food giant is discussing a sale of the French business to Brakes Group, a food service provider owned by the firm Bain Capital.
Former Massachusetts governor Deval Patrick, known for supporting US President Barack Obama and criticizing the global investment giant Bain Capital, reportedly has joined Bain Capital in leading position.
YEAH, BUT TO BE FAIR, BAIN CAPITAL QUIT BEING EVIL IN NOVEMBER OF 2012: Deval Patrick takes investing role at Bain Capital.