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CHARLOTTE – North Carolina’s economy is nearly back to its pre-pandemic levels, and the worst effects of the recession attributed to the novel coronavirus pandemic are clearly behind us, said Dr. John Connaughton, professor of financial economics at the University of North Carolina Charlotte and the director of the UNC Charlotte Economic Forecast, in presenting the latest economic forecast virtually this afternoon.
“We’ll have more jobs by December 2021 than we had in December 2019,” said Connaughton. “But the unemployment rate will be a little bit higher.” He is forecasting a net increase of about 25,000 jobs in North Carolina between December 2019 and the end of December 2021, and for unemployment to be close to 5 percent in North Carolina by the end of the year.
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RESEARCH TRIANGLE PARK – The future Apple campus is a long way from being built n the Triangle but the tech giant is already recruiting Triangle talent for as many as 3,000 future positions.
And if Apple is seeking short-term office space to house its new hires, as reported by the Triangle Business Journal, it will be readily available. That’s according to the latest commercial real estate data from firm CRBE.
Multiple sources told the Triangle Business Journal’s Caleb Harshberger that the company is considering identifying a temporary office site to lease. A landing place could be 200,000 square feet of space at the Cary-based MetLife campus in “Building 3.”
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The logo of Bain Capital is displayed on the screen during a news conference in Tokyo, Japan October 5, 2017. REUTERS/Kim Kyung-Hoon
U.S. private equity firm Bain Capital LP said it has raised $11.8 billion from outside investors and employees for its latest flagship North America buyout fund.
The fundraising comes amid a rebound in dealmaking activity among private equity firms as the rollout of COVID-19 vaccines has boosted global economic prospects and markets.
Bain amassed $10 billion from outside investors for its 13th buyout fund, Bain Capital Fund XIII, exceeding an initial $9 billion target. The firm s present and former employees also committed $1.8 billion in additional capital to the fund, a Bain spokeswoman said.
Exclusive: Bain Capital raises $11.8 billion for new flagship fund Reuters 9 hrs ago By Chibuike Oguh © Reuters/KIM KYUNG-HOON The logo of Bain Capital is displayed on the screen during a news conference in Tokyo
By Chibuike Oguh
(Reuters) - U.S. private equity firm Bain Capital LP said it has raised $11.8 billion from outside investors and employees for its latest flagship North America buyout fund.
The fundraising comes amid a rebound in dealmaking activity among private equity firms as the rollout of COVID-19 vaccines has boosted global economic prospects and markets.
Bain amassed $10 billion from outside investors for its 13th buyout fund, Bain Capital Fund XIII, exceeding an initial $9 billion target. The firm s present and former employees also committed $1.8 billion in additional capital to the fund, a Bain spokeswoman said.
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