Venture capital is undergoing profound global shifts, including a dramatic rise in investments into Asia. With various alternative-investment leadership roles over the past decade, Vistra’s Caroline Baker has been well-positioned to witness these changes. In this interview, she discusses how Chinese investors are influencing the VC landscape, why Southeast Asia is such a popular investment target, and more.
To understand what it takes for a private equity firm to successfully build and manage a portfolio of companies in today’s fast-paced, evolving market and regulatory landscape, we interviewed Charlotte Hultman, group commercial director for Vistra's Corporate and Private Clients division for Europe and the Americas.
For years, China’s government encouraged privately-owned companies to engage in cross-border acquisitions, and enabled them with cheap debt. This led to the rise of “gray rhinos,” free-spending companies that have dramatically changed the global M&A landscape. Beijing is now looking to rein them in.
A newly opened railway line in East Africa was funded by Chinese banks and constructed by Chinese companies. That project and other China-backed railways in Africa may be evidence that China’s global aspirations are growing while the US's are shrinking.
Nicaragua is one of the poorest nations in the Western Hemisphere, but it may soon become a major player in the world economy. Its partnership with a Chinese company and plans to build a waterway to compete with the Panama Canal may signal that China has set its sights on competing with the US in Central America. This post explains the potential benefits and downsides of the proposed canal, which The New York Times says would be "the largest movement of earth in the planet’s history."
This week's Global Glance looks at Italy's troubled banks and the doom loop.
This week's Global Glance takes a detailed look at Uber's retreat from China.
This week's Global Glance looks at a sweet M&A announcement: Krispy Kreme is to be acquired by a Luxemburg-based investment group. It could be a marriage made in culinary heaven.