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Private Equity Is Doing Fine. Arbor Raises $1.5 Billion in 87 Days.

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Arbor Investments focuses on food-and-beverage investments.


Lacheev/Dreamstime

Arbor Investments needed only 87 days to raise its fifth fund, collecting $1.5 billion in the latest bit of evidence that life goes on for private equity despite the pandemic.

The pool is roughly double the $765 million secured by Arbor’s fourth fund in 2016. It is also significantly above Arbor’s $1 billion target for Fund V.

“We are humbled by the commitments from our longtime limited partners as well as the interest from new investors who have entrusted Arbor with their capital,” said Gregory Purcell, Arbor’s co-founder and CEO, in a statement.

Arbor’s fundraising is notable because it was conducted entirely using web-conference technologies such as those from

Zoom Video Communications

(ticker: ZM). The Covid-19 pandemic was expected to stall fundraising because it shut down travel for many businesses, including private-equity firms.

Arbor was inundated with interest and conducted “meetings”

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  • October 15, 2020
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Fine arts to go on display in Flemington Nov. 1

Our daily lives are too much filled with distractions. The current pandemic has focused our attention on narrow pursuits. We have retreated into our caves while we await better days. Meanwhile, the sun is still shining, and our well being deserves sunlight.

The fine artisans who live among us can show everyone the worlds that exist beyond our cave. Artists paint pictures, sculpt sculptures, take photographs, make jewelry, and create visions in glass, metal, wood, paper, fiber and film. Their visions await us.

Fine artisans are people, too. Lock downs are not new to them — they are accustomed to working alone in their studios. But the current pandemic has limited the number of artisan shows normally populating the days of spring and summer. Now, shows are returning.

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The Flemington Fine Artisans Show is back. This show is a semi-annual affair that attracts artisans working in a wide range

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  • October 12, 2020
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‘Selfish’ COVID party planners could face $2,000 fine, Ontario 3M facility to produce 50 million masks

Yahoo News Canada is committed to providing our readers with the most accurate and recent information on all things coronavirus. We know things change quickly, including some possible information in this story. For the latest on COVID-19, we encourage our readers to consult online resources like Canada’s public health website, World Health Organization, as well as our own Yahoo Canada homepage.

As cases of COVID-19 continue to spread around the world, Canadians seem to be increasingly concerned about their health and safety.

Currently, there are more than 4,600 active cases of COVID-19 in Canada (with more than 121,000 diagnoses so far) and 9,000 deaths. Nearly 90 per cent of the country’s reported COVID-19 cases have recovered.

Check back for the latest updates on the coronavirus outbreak in Canada.

For a full archive of the first month of the pandemic, please check our archive of events.

August 21

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  • August 22, 2020
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‘Selfish’ COVID party-goers could face $2,000 fine, Ontario 3M facility to produce 50 million masks

Yahoo News Canada is committed to providing our readers with the most accurate and recent information on all things coronavirus. We know things change quickly, including some possible information in this story. For the latest on COVID-19, we encourage our readers to consult online resources like Canada’s public health website, World Health Organization, as well as our own Yahoo Canada homepage.

As cases of COVID-19 continue to spread around the world, Canadians seem to be increasingly concerned about their health and safety.

Currently, there are more than 4,600 active cases of COVID-19 in Canada (with more than 121,000 diagnoses so far) and 9,000 deaths. Nearly 90 per cent of the country’s reported COVID-19 cases have recovered.

Check back for the latest updates on the coronavirus outbreak in Canada.

For a full archive of the first month of the pandemic, please check our archive of events.

August 21

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  • August 21, 2020
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Hoboken Issues Survey On Proposed $250 Fine For Mask Violations

HOBOKEN, NJ — On Monday, the city of Hoboken emailed residents to ask them to participate in a survey about a proposed ordinance before the City Council on Wednesday that “includes a potential $250 fine for individuals who do not wear face masks in outdoor situations where social distancing is not possible, such as crowded locations in public places.”

The city, located across the Hudson River from Manhattan, packs 53,000 people into one-square mile. There are also 140 liquor licenses potentially in use at any one time, and dozens of restaurants providing outdoor dining.

The survey email said, “Residents and visitors would not be subject to a fine where social distancing can be maintained, such as sitting in a park with family and socially distanced at least six feet from others, participating in a socially distanced workout in a city field while maintaining six feet of distance from others, and

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  • August 17, 2020
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The curve is no longer flat in Alberta, Ford warns of ‘$100,000 fine’ for Brampton party-goers

Yahoo News Canada is committed to providing our readers with the most accurate and recent information on all things coronavirus. We know things change quickly, including some possible information in this story. For the latest on COVID-19, we encourage our readers to consult online resources like Canada’s public health website, World Health Organization, as well as our own Yahoo Canada homepage.

As cases of COVID-19 continue to spread around the world, Canadians seem to be increasingly concerned about their health and safety

Currently, there are more than 112,000 confirmed coronavirus cases in Canada and nearly 8,800 deaths.

Check back for the latest updates on the coronavirus outbreak in Canada.

For a full archive of the first month of the pandemic, please check our archive of events.

July 27

6:40 p.m. COVID-19 questions of the day

7:00 p.m.: ‘We bend the curve, not the rules’

Dr. Bonnie Henry,

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$1,000 Fine Possible For Violating CT Travel Quarantine

CONNECTICUT — Connecticut could issue $1,000 fines for travelers from states on the coronavirus quarantine list if they don’t comply with quarantine rules. The rules also require travelers from those states to fill out an online form prior to arrival.

Enforcement of the fine will evolve over time, Gov. Ned Lamont said.

Spot checks will being performed at Bradley International Airport to make sure people have filled out the form before traveling. Airlines and travel agents are required to inform travelers about the form.

Travelers don’t need to quarantine if they enter the state within 72 hours of a negative viral test. People are still encouraged to quarantine regardless of the test result.

Lamont will also be issuing a new executive order either tonight or Tuesday clarifying some things regarding the travel quarantine. Among the items is what employers are empowered to do if an employee travels to a state

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‘Why our Nigerian online wedding suits us just fine’

“I want to look back 20 years from now and celebrate… Not because of coronavirus but because I decided to spend the rest of my life with Reme.”

Ayokunle Sulaiman and his fiancée Reme Olotun were counting down to their wedding ceremony at the Sheraton hotel in Lagos, Nigeria, on 18 April.

But as the pandemic intensified it became obvious that Reme, who lives and works in Canada, would not be able to come back home to Nigeria to marry Ayokunle.

“It was very devastating for me,” she tells the BBC. “I had already bought my dress, my shoes, everything was ready and in place.”

But for his part, the thought of postponing the wedding was not something Ayokunle would entertain. So he thought of a creative way to go ahead.

Finally, the couple decided to have a religious ceremony on 18 April led by a pastor via the video

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