Hints and tips:
Related Special Reports
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...That is due not only to the greater number of retail investors trading the stocks, but also to the growing popularity of sometimes-controversial equity fundraisings that can flood the market with new shares...
...We are getting progressively busier . . . but do I see some sort of avalanche [of activity]? No, I don’t.”...
...We’re always engaged in conversations, but I’m challenging the team and myself to think more broadly and more openly about the opportunities we have.”...
...The private equity giant allegedly set up a web of sham trusts — using a secretive affiliate called Financial Credit Investment — to hold a portfolio of stranger-originated life insurance policies worth...
...“I have no idea how much volume they’re going to be doing in the middle of the night....
...Yes, dividend culture has declined in the US, but it is still, by some distance, the world’s most vibrant equity market. That’s the second pushback: why are you complaining about the US growth market?...
...“I thought it was better to talk to people directly than through headhunters,” he said. “I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...For returns, I used return on capital and gross profit/assets. I also looked for red (or green) flags in debt ratios and historical growth rates....
...In a 2013 message to another Centerview banker — which was cited in court filings — Handler wrote, “I have to actually sign this thing?”...
...And it’s one of the reasons that I left my role as the CEO of Amazon a couple of years ago,” he told researcher and podcast host Lex Fridman in December....
...“But we’re not going anywhere and I think there’s a whole lot more value to be created. I love the business.”...
...The experience that private equity firms went through in 2022 and part of 2023 was going to banks and being told “I am closed”....
...“I extend my deepest condolences and those of the entire IMO family to the families of those who have lost their lives, and our thoughts are with those who have been injured,” he said in a statement....
...Hedge fund Muddy Waters on Wednesday revealed a bet against a publicly listed real estate investment trust managed by private equity giant Blackstone....
...“Whether there’s an initial pop and then a slow climb thereafter, I guess we’ll see....
...This week I bring you two tales of succession — or lack thereof — at two of the world’s top alternatives managers: hedge fund Millennium Management and private equity firm Ardian....
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Forlano then allegedly sent a text message saying: “next one i got you’ll be the first to know”....
...Apollo pays its ‘next generation’ of leaders “Show me the incentive, and I will show you the outcome,” is a memorable line coined by Charlie Munger, the 99-year-old vice-chair of Berkshire Hathaway....
...Private equity does!...
...Going long volatility is an excellent hedge against a big equity market sell-off, but as Montier points out, because of the ongoing cost when markets remain calm it is “the investment equivalent of death...
...I can tell you from first-hand experience that (especially at the small-cap end) they take their pound of flesh, but there’s plenty left over for investors....
...“I’m not here to win friends and be happy ever after. We obviously have to be respectful....
...Last week Apollo reported earnings, and CEO Marc Rowan declaration of “the end of an era” for private equity naturally generating the most attention....
International Edition