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UPDATE 1-Data storage provider Nutanix soars in market debut

Nutanix's stock opened the day at $26.50, valuing the San Jose, California- based company at $3.6 billion, a leap above the $2 billion valuation it received in its last private funding round in 2014.. Nutanix sold 14.87 million shares on Thursday, more than the expected 14 million, and priced them above the anticipated range of $13 and $15, to raise about $238 million.

Source: Reuters

Steve Weiss: Your hedge fund setup for the week ahead

Stephen Weiss of Short Hills Capital Partners reviews the main factors driving stocks and how investors should be positioned for next week.

Source: Short Hills Capital Partners

Evercore Completes Transfer of Ownership and Control of its Mexican Private Equity Business to its Principals

Evercore and the principals of its Mexican private equity business, Evercore Mexico Capital Partners, today announced the completion of the transfer of control of the business to Glisco Partners Inc., a new entity formed by the principals, under the terms of the transaction agreement announced on July 20, 2016. Established in 1995, Evercore is a leading...

Source: PR Newswire

Founder of Italy's Esselunga supermarket chain dies - sources

MILAN, Sept 30- The owner of Italian supermarket chain Esselunga, Bernardo Caprotti, has died at the age of 90, two sources close to the family said on Friday. Until then, he had been in talks over a possible sale of the group to private equity funds for up to 6 billion euros. The funds involved in the talks include Blackstone, CVC Capital Partners and BC Partners,...

Source: Reuters

Italy's ageing supermarket king looks to secure his legacy

MILAN, Sept 30- Having worked all his life to build Italy's fourth biggest supermarket chain and protect it from rivals, 90- year-old Bernardo Caprotti spent the past few months fighting to make sure his brand will thrive without him. The billionaire, working from his three-storey, heavily guarded home in central Milan, has been in talks with private equity funds...

Source: Reuters

Italy's aging supermarket king looks to secure his legacy

MILAN, Sept 30- Having worked all his life to build Italy's fourth biggest supermarket chain and protect it from rivals, 90- year-old Bernardo Caprotti spent the past few months fighting to make sure his brand will thrive without him. The billionaire, working from his three-story, heavily guarded home in central Milan, has been in talks with private equity funds...

Source: Reuters

Lawsuit Alleges Hedge Funds And Their Hand-Picked Board Members Pursued Illegal Scheme To Steal iPayment From Equity Holders, Including Company's Founder, Breaching Fiduciary Duty

NEW YORK, Sept. 30, 2016/ PRNewswire/-- iPayment debtholders Chatham Asset Management, AllianceBernstein, and Leon Cooperman's Omega Associates, along with certain members of the iPayment Board of Directors appointed by the debtholders, have been sued for pursuing what the lawsuit calls an "illegal scheme" to steal the Company away from equity holders by...

Source: PR Newswire

UPDATE 3-Deutsche shares recover after CEO reassures on stability

FRANKFURT/ LONDON, Sept 30- Deutsche Bank's chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust after fears over its stability sent tremors through global financial markets. Chief Executive John Cryan's letter, seen by Reuters, addressed reports of the departure of a few hedge fund clients, hitting out at "...

Source: Reuters

UPDATE 2-Deutsche CEO tries to reassure staff as shares plunge

FRANKFURT/ LONDON, Sept 30- Deutsche Bank's chief executive sought to reassure his staff on Friday that Germany's largest lender remained robust after its shares again fell to record lows, sending tremors through global financial markets. Chief Executive John Cryan's letter, seen by Reuters, addressed reports of the departure of a few hedge fund clients,...

Source: Reuters

Hedge funds trim Deutsche Bank positions: Report

CNBC's Kate Kelly takes a look at reports hedge funds are lowering their exposure to Deutsche Bank. And Gillian Tett, The Financial Times, adds perspective.

Source: CNBC.com