Hints and tips:
Related Special Reports
...Private equity firms are quietly preparing funds to invest exclusively in the US National Football League, according to people familiar with the matter, as a potential precondition for being allowed to hold...
...Hedge funds are challenging private equity firms over restrictions that dictate who can lend to or buy the debt of buyout-backed companies, weighing legal action to capitalise on a surge in corporate distress...
...longtime former partners of the hedge fund and which owned a small stake in the club before the sale....
...It has increased its lending to private equity firms, helping finance their leveraged buyouts, as it has sought to take advantage of rising volatility on Wall Street....
...The US arm of accounting firm Grant Thornton has agreed to sell a majority stake to the investment group New Mountain Capital, in the largest of a wave of private equity deals that are reshaping the sector...
...A person familiar with its deal said that the two private equity firms would take an equity stake of about $1bn for just over 50 per cent of the firm, with more than $900mn coming from H&F....
...Grant Thornton is the seventh-largest accounting firm in the US with $2.4bn in annual revenue. The sale of a majority stake to New Mountain represents the biggest private equity deal in the sector....
...Private equity firms must get into the weeds of a business. Hedge funds prefer spreadsheet calculations that they can paste into letters and PowerPoint slides....
...That makes it easier for them to invest in assets that are difficult to sell in a hurry, such as property or private equity....
...Millennium, which was founded in 1989 by Izzy Englander, has grown to become one of the most prominent multi-manager hedge funds in the world, with about $63bn in assets under management and average returns...
...sell a majority stake to private equity investors....
...London-based hedge fund VR Capital is part of a group of bondholders pushing for Ukraine’s state grid operator to be excluded from the country’s looming debt restructuring, as creditors start to take a tougher...
...In 2021, CVC sold a stake in itself to US investment firm Blue Owl in a deal valuing the business at €15bn....
...As stock markets bask in the sunshine of all-time highs, now seems like a great time for private equity firms to get moving to unload some of their $3tn global stockpile of assets....
...In 2017, Best joined Elliott as the hedge fund sought to build out a private equity strategy....
...EY also last year rejected a proposal from US private equity group TPG to break up the firm globally and take a stake in its consulting business....
...Take Calstrs, the $327bn US pension fund that is one of the world’s biggest backers of private equity....
...The US accounting firm Baker Tilly has agreed to sell a majority stake to the investment groups Hellman & Friedman and Valeas, marking the largest private equity deal to date in the sector....
...Hedge fund Muddy Waters on Wednesday revealed a bet against a publicly listed real estate investment trust managed by private equity giant Blackstone....
...CVC in September bought Dutch infrastructure fund DIF Capital Partners, having acquired Glendower Capital, which invests in deals where private equity firms sell companies to themselves, in 2021....
...from the three firms in its network that had taken private equity money....
...However, successfully securing $100mn is one way to get the biggest sceptics to at least take the venture seriously. Can news and hedge fund-styled trades mix?...
...Blackstone has said it will take time for private equity firms, which are sitting on record amounts of unsold assets, to return cash to investors even as the market for mergers and acquisitions comes back...
...The bank’s Petershill Partners private equity unit on Tuesday agreed to buy more than 20 per cent of Kennedy Lewis, valuing the firm at more than $1bn, according to two people with knowledge of the matter...
International Edition