It feels like the public-to-private floodgates are set to open.
After bemoaning private equity’s inaction during previous market sell-offs, it feels to Street Talk like the pinstripes are finally ready to strike at the small and mid cap end of the market.
Already this year, we’ve seen Virtus Health, Genex Power and Infomedia attract private equity interest, while Ramsay Health Care and Brambles dominated their attention in large caps.
Private equity firm TA Associates and its New Zealand money manager Fisher Funds are in late stage talks to acquire Kiwi Wealth, following an auction run by Goldman Sachs,
You have received this email because you are subscribed to Street Talk First Look with the email address: [email protected]