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Global oil prices were poised to end above $100 a barrel for a fourth session in a row, as U.S. calls for help to secure the crucial waterway fall on deaf ears and reports that Iran is allowing some crude tankers to pass through the Strait of Hormuz offer a "mixed signal" for the market on the situation in the Middle East.
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Shipping routes crucial to global commerce remained disrupted as the conflict in the Middle East continued.
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Venture capital and growth equity investor Sands Capital has picked up $1.1bn at the final close of its third Global Innovation Fund, which targets "category-defining companies scaling in the private markets".
The post Sands Capital scores $1.1bn close for third Global Innovation Fund appeared first on AltAssets Private Equity News.
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American ports are far removed from the conflict in the Middle East, but they are seeing rising bunker-fuel prices and increased uncertainty.
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Bain Capital has agreed a buyout of Australia-based Perpetual's wealth management business, with the initial deal giving it a valuation of A$500m.
The post Deal Roundup: Bain Capital carves out Perpetual wealth management arm, Charlesbank buys into Overbay Capital appeared first on AltAssets Private Equity News.
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It probably helps that Wall Street analysts have continued to raise their earnings forecasts, according to Ed Yardeni, founder of Yardeni Research.
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