Lawrence Aragon
Torys' Partners Jared Fontaine, Ian Arellano and Neville Jugnauth expect to see Canadian deal-makers make significant, large-scale acquisitions in foreign markets in 2016, building on the intense activity of the past year. With recent weakness in the domestic economy, they also believe there will be increased opportunities for investors to deploy more capital to M&A deals in Canada.
Canadian alternative assets manager Kensington Capital Partners has appointed Harold Huber to the position of senior vice-president. Huber previously served at Canadian law firm Torys LLP, where he was a partner and acted as legal counsel for Kensington's infrastructure business. He has been working in the acquisition and development of energy and infrastructure projects in North America for over 30 years. In June, peHUB Canada profiled Tom Kennedy, the chairman and managing director of Toronto-based Kensington.
A former executive with WL Ross & Co is suing the private equity firm to force it to open its books and records to him, the Wall Street Journal reported.
Torys LLP's Sophia Tolias, Stefan Stauder and Laurie Duke argue that the structure of Canadian private equity deals has changed due to the influence of 2014's seller's market. In the third of a series of peHUB Canada articles, they note that indemnity terms and the growing use of representations and warranties insurance are just two important examples of this trend.
Torys LLP partners Neville Jugnauth, Derek Flaman and Matthew Cockburn believe that the scope of private equity investment in Canada was widened in 2014 to include some areas of new or intensified interest, such as natural resources. In the second of a series of peHUB Canada articles, they argue that this broader market focus, and alternative strategies for doing new deals, will continue in 2015.
What's in store for Canadian private equity in 2015? Torys LLP recently released its annual Private Equity in Focus, which looks at how M&A activity involving PE in 2014 has set the stage for this year’s transactions. In the first of a series of peHUB Canada articles, Michael Akkawi, Guy Berman and Sophia Tolias discuss how recent shifts in market dynamics have shaped current opportunities.
Torys LLP has released its much-anticipated M&A Top Trends 2015 report. Of course, the state of mergers and acquisitions is always of importance to private equity and venture capital investors, especially now that dealmaking in Canada is on the upswing. For this reason, Torys has identified some key report findings that will be of particular interest to them.
In this week's top 10 private equity posts, Morgan Stanley Capital Partners and Hamilton Lane are looking for a couple of good VPs, Blackstone wants to peddle Apria, and LPs have GPs feeling like they're in an Eagles song.
Trending in private equity, Pennsylvania cancels Centerbridge commitment, Ares Management seeks VP of investment operations, and Aquiline puts First Investors Financial on the block.
Like only a Hall of Fame quarterback could do, Steve Young pumped up the audience at our PartnerConnect West conference earlier this month. Here's the video of the QB-turned-private equity pro.