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...Apple has been typically tight-lipped about its AI plans even as big tech rivals Microsoft, Google and Amazon tout multibillion-dollar investments in the cutting-edge technology....
...a $1bn investment by Hellman & Friedman in Baker Tilly US, another top 10 firm....
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...A group of retired partners, including three former chief executives, are negotiating with the current leadership to try to get a better deal....
...Another former Goldman partner, Justin Gmelich, was hired the following year to be co-chief investment officer alongside the promoted Russo....
...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...
...US private equity group General Atlantic has agreed to buy London-based infrastructure fund manager Actis, a combination further underscoring a wave of consolidation gripping private markets....
...Buyout firm Apollo’s lengthy pursuit of €1.6bn industrial certification group Applus has descended into a complex regulatory stand-off — a warning of how aggressive acquisition strategies can backfire....
...This compares with $97bn issued last year including to investment grades European group Vonovia and Air France-KLM. Volumes reached a record $40bn in the first quarter of 2024, it said....
..., according to analysis from blockchain analytics group Arkham Intelligence and a review of their holdings by the Financial Times....
...While Sony and Apollo are providing all of the equity financing to the bid, Legendary Entertainment, an existing Apollo investment that recently released the blockbuster Dune: Part Two, would also form part...
...Half of Tuesday’s press release was dedicated to the phalanx of lawyers and investment bankers needed to untangle this web. Endeavor never really caught the fancy of the large mutual funds....
...It follows a similar move by Meta earlier this year and underlines how US tech companies are now willing to give investors a greater share of their vast cash reserves, rather than hoarding them for investment...
...In his ruling, Castel said that Apollo’s accounting department “deserve[d] significant blame” for the harm done to fund investors but still ruled that Rashid had violated US securities law on investment...
...Dean Meyer has joined venture capital firm Sequoia as a partner focused on early stage investments. He was previously an investor at Vine Ventures....
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
...Founded more than 40 years ago, Thoma Bravo has nearly $140bn in assets under management and is renowned as one of the world’s leading software investment groups....
...Such private investments in public equity — or PIPE — deals are relatively common in the US, offering private equity houses a downside-protected route into a company’s share capital....
...The agreement is a big boost to UBS’s ambitions to significantly cut back Credit Suisse’s investment bank as it focuses on building out the combined group’s wealth management business....
...The other partner in the joint venture is US fund manager RedBird Capital....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...Talent agency Endeavor Group is being taken private at an equity value of $13bn after three years of lacklustre performance as a listed company....
...Paul Weiss is hiring investment funds lawyer James King from Kirkland & Ellis. King will be based in London. Santander has hired a trio of senior US bankers, Bloomberg reported....
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