PE

Edison issues update on abrdn Private Equity Opportunities Trust (APEO): Resilient NAV and stable balance sheet

Retrieved on: 
Thursday, October 26, 2023

abrdn Private Equity Opportunities Trust (APEO) posted a 12-month NAV TR of 5.1% to end-September 2023 amid persistently muted exit activity across PE markets and FX headwinds from stronger sterling.

Key Points: 
  • abrdn Private Equity Opportunities Trust (APEO) posted a 12-month NAV TR of 5.1% to end-September 2023 amid persistently muted exit activity across PE markets and FX headwinds from stronger sterling.
  • APEO’s drawdowns continue to outpace distributions, but the 12-month net capital calls were more than offset by the proceeds APEO received from the partial sale of its co-investment in non-food discount retailer Action.
  • As a result, APEO’s balance sheet headroom, as measured by its commitment coverage ratio, remained broadly stable versus end-2022.
  • Its discount to NAV of 44% is wider than its 10-year average of 23% and the c 10% average discount for buyout portfolios traded in the secondary markets in H123.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kenvue Inc. (KVUE)

Retrieved on: 
Wednesday, October 25, 2023

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • In May 2023, Kenvue conducted an IPO, offering approximately 171,812,560 shares of Kenvue common stock to the investing public at $22.00 per share.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

KVUE SHAREHOLDERS: Contact Robbins LLP if You Have Incurred Substantial Losses in Kenvue Inc.

Retrieved on: 
Tuesday, October 24, 2023

Kenvue Inc. operates as a consumer health company worldwide.

Key Points: 
  • Kenvue Inc. operates as a consumer health company worldwide.
  • For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • You do not have to participate in the case to be eligible for a recovery.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Kenvue, Inc. (KVUE) Investors with Substantial Losses to Contact its Attorneys, Securities Class Action Lawsuit Filed

Retrieved on: 
Monday, October 23, 2023

SAN FRANCISCO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Kenvue, Inc. (NYSE: KVUE) investors who invested in Kenvue shares pursuant or traceable to Kenvue’s May 2023 initial public offering and who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Kenvue, Inc. (NYSE: KVUE) investors who invested in Kenvue shares pursuant or traceable to Kenvue’s May 2023 initial public offering and who suffered substantial losses to submit your losses now .
  • On or around Sept. 12, 2023, the FDA published a briefing document announcing that it was convening an advisory committee to discuss efficacy data available for orally administered phenylephrine as a nasal decongestant.
  • “We’re focused on investors’ losses and investigating whether Kenvue adequately disclosed commercial risks related to its products containing PE,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC.

Boyden Asia/Pacific Sees Growth Across the Region, with New Hires and Promotions

Retrieved on: 
Monday, October 23, 2023

The regional team also celebrates promotions from Principal to Partner of Krista Espaldon in Singapore, Philip Graham in Australia, and promotion to Principal of Katherine Miller in Australia.

Key Points: 
  • The regional team also celebrates promotions from Principal to Partner of Krista Espaldon in Singapore, Philip Graham in Australia, and promotion to Principal of Katherine Miller in Australia.
  • As the firm nurtures its next generation talent, the next progression from Principal is to partnership.
  • William J. Farrell, Managing Partner and Member, Board of Directors, Boyden, commented, “These remarkable professionals boost our capabilities locally and in the region as a whole.
  • Boyden is one of the best-known executive search firms in Asia/Pacific, with 14 offices across the region providing executive search and leadership consulting .

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Kenvue Inc. - KVUE

Retrieved on: 
Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Kenvue Inc. (“Kenvue” or the “Company”) (NYSE: KVUE).

Key Points: 
  • NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Kenvue Inc. (“Kenvue” or the “Company”) (NYSE: KVUE).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether Kenvue and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kenvue Inc. (KVUE)

Retrieved on: 
Thursday, October 19, 2023

You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

Key Points: 
  • You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.
  • In May 2023, Kenvue conducted an IPO, offering approximately 171,812,560 shares of Kenvue common stock to the investing public at $22.00 per share.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Dealmaker Optimism Rebounds in Q3 as Private Equity Increases Projects in Portfolio Companies

Retrieved on: 
Tuesday, October 24, 2023

Key Q3 2023 trends identified in the BluWave PE Industry Insights Report include:

Key Points: 
  • Key Q3 2023 trends identified in the BluWave PE Industry Insights Report include:
    The private equity industry is taking a more proactive and value-minded stance as deal flow begins to build.
  • BluWave reported a record 49% of private equity projects focused on Human Capital, a 36% rise from the previous year.
  • “It’s not just about the amount of hiring, but also the types of executives private equity is seeking,” Mooney added.
  • That speaks to how private equity is shifting into growth mode.”
    Additionally, BluWave has found that private equity firms have become increasingly involved in mid-level hiring decisions.

KVUE Shareholders: Contact Robbins LLP About Your Rights and Remedies in the Kenvue Inc. Securities Fraud Class Action

Retrieved on: 
Thursday, October 19, 2023

Kenvue Inc. operates as a consumer health company worldwide.

Key Points: 
  • Kenvue Inc. operates as a consumer health company worldwide.
  • For more information, submit a form , email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • If you choose to take no action, you can remain an absent class member.

True Search Data Shows Higher Demand for VC-Experienced CEOs at Public and PE-backed Technology Companies

Retrieved on: 
Wednesday, October 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231018496301/en/
    Since 2022, 170% more of True's PE and public tech companies hired their CEOs from VC-backed companies than in 2020-2021.
  • (Graphic: Business Wire)
    Over the past two years, the number of CEOs coming directly from VC-backed tech companies to PE-backed or publicly traded companies has increased to 12%.
  • True data shows the share of its executives hired to public and PE-backed companies directly from VC tech is up 50% YoY and roughly 2x the rate observed in 2020-2021.
  • At True, early-stage VC CEO searches are up 44% YoY, while late-stage companies are seeing a still notable 16% YoY increase.