Coronavirus

Dallas-based luxury retailer Neiman Marcus has filed for bankruptcy amid the COVID-19 pandemic, reported Reuters.

Ares Management closed on $3 billion for its special opportunities fund and Manna Tree wants to do a deal every quarter.

American Securities agrees to buy American Anesthesiology from publicly-traded Mednax.

KKR deploys about $8 billion since late February and LACERA has no plans to change its private equity program in the downturn.

As employees are asked to come back to work, Debevoise's Hamid said portfolio companies will begin to see workers comp claims, complaints to OSHA and court actions.

A group of mid-market PE firms invest in an eLearning company and BV Investments backs StraighterLine, an edtech company.

Aspen Surgical Products, which is backed by Audax Private Equity, has acquired Precept, a provider of disposable face masks and isolation gowns.

The COVID-19 crisis has resulted in its first major retail bankruptcy: J. Crew.

Unprecedented rescue opportunities lie ahead for M&A – but they will not happen quickly as long as valuation issues emerge.

The data agency said that with most dealmakers working from home and valuation estimates varying widely, North America is set to drop to approximately 400 deals in Q3 2021, from north of 3,000 in Q1.