Hints and tips:
...“I have been privileged to serve on the board . . . and have been very impressed by the quality of the company’s management and I have tremendous confidence in the future our business,” Goudet said....
...Law firm Pinsent Masons has hired Andrew Barber as a London-based partner in its financial services practice. He joins from Womble Bond Dickinson....
...In the UK, the Sackler name appears on an array of cultural landmarks, including a gallery at the Serpentine, a courtyard at the V&A, an education centre at the Dulwich Picture Gallery, an escalator at Tate...
...Cooperman said the US Attorney’s Office informed Omega that it “has not completed its investigation but has determined not to pursue charges for the time being pending the Supreme Court’s decision in Salman v...
...Carlyle’s assets under management fell to $176bn, down from $193bn in the same period of 2015....
...Blackstone’s fund, Europe Real Estate Investors V, will target the same returns as its previous one launched in 2014 — a 20 per cent gross internal rate of return, or 15 per cent net of fees....
...But later that year Chaori bondholders were bailed out when a state-owned bad-loan bank, Great Wall Asset Management, stepped in....
...has frequently opposed management proposals....
...TPG’s fundraising comes as the group is in the early stages of management change....
...Defence lawyers hinge their argument on a leading 1983 Supreme Court decision called Dirks v. SEC....
...Aramark provides food services and catering at stadiums, hospitals, schools and universities....
...Take-Two shares have more than doubled since Mr Icahn began buying in 2009, and are up more than 50 per cent this year alone amid excitement over Grand Theft Auto V, which beat sales records on its launch...
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...However, TPG V – which began investing in 2006 and is one of TPG’s largest funds with $15bn in commitments – has suffered from very poor performance....
...As the gas price hedges roll off, cash flow may no longer be enough to keep up with debt service requirements, which were $3.5bn last year....
...Morgan McKinley said its findings underlined forecasts that London would lose an extra 13,000 financial services jobs this year....
...LP, and another $350m in a co-investment fund....
...People close to the situation said V.Ships’ top management would re-invest into the company alongside Omers....
...In contrast, a comparable fund at Blackstone, BCP V, was already above par at the end of the third quarter....
...For example, its $17.4bn TPG V fund was valued at less than 100 cents on the dollar at the end of 2010....
...Fee-earning assets under management were up 14 per cent year on year and the value of its investments in private equity and real estate rose 29 and 69 per cent respectively....
...There have also been fund launches from more niche groups, such as Sir John Beckwith’s Pacific Group....
...Overall, Blackstone Capital Partners V was up $2.4bn, or nearly 20 per cent, in the first quarter, its letter said. TPG V was up 0.5 per cent, or $40m, investors were told....
...Harrah’s was bought with Apollo Management. Freescale and Univision...
...V....
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