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...However, if offers do not reach the valuation being sought by RedBird IMI, which wants to recoup its £600mn investment, RedBird Capital could turn to existing US backers of its funds to create a vehicle...
...Reporting by Ryan McMorrow in Beijing, Eleanor Olcott in Hong Kong, Ivan Levingston in London, Tabby Kinder in San Francisco and James Fontanella-Khan in New York...
...The fund would trade stocks, options, currencies, commodities and other assets, Horwitz told potential backers....
...The partnership “is an opportunity to try to improve experiences for the hundreds of thousands of people we serve”, Sir James Mackey, the trust’s outgoing chief executive, said....
...His fund was among the backers of a recent $130mn fundraising in UK biotech group Ascend, taking a near 7 per cent stake....
...Despite working with McMahon on the UFC merger, Raine has close ties with Emanuel, who was an initial backer of Raine....
...The attorney-general’s office suggested the $175mn bond, which is underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump given another week to find an alternative backer...
...It also follows a change in management at Scottish Mortgage after James Anderson, an early backer of companies such as Tesla, Amazon and ecommerce giant Alibaba, retired last year after almost four decades...
...It was clear from the start that Mnuchin’s firm, Liberty Strategic Capital, whose backers include SoftBank and Saudi Arabia’s sovereign wealth fund, would anchor the deal by putting in $450mn....
...It is also a fitting example of the excesses in private technology valuations that caused a reckoning for many prominent start-ups and their backers....
...One of the world’s biggest producers of wood pellets sold to power utilities has filed for US bankruptcy, a downfall for a business seen by its backers as an alternative energy source to oil and gas....
...Alter Domus was advised by Goldman Sachs and Raymond James....
...Meanwhile, some of Christie’s backers say that after the Pence and Scott departures, the Republican field is already narrower than it was in 2016, the last time there was a competitive party primary....
...Many of the early backers were attracted to the prospect of finding new ways to fund investigative journalism, people familiar with the fundraising told the Financial Times....
...At a moment when Ukraine is desperate for long-term financial and military commitments as a bulwark against prolonged Russian aggression, its two most important backers have been found wanting, raising doubts...
...Even supporters of the hard-right AfD generally evaluate the economy in line with backers of the mainstream parties....
...Chief financial officer James Hopkinson is due to step down in the first quarter of this year and Metro has started to search for a successor....
...The big draw of Daniel Raggett’s new staging is the casting of real-life mother and son Lia Williams and Joshua James as the central couple, Florence, and her son Nicky....
...Johnson’s comments will offer some hope to Kyiv and its backers in the White House and across Congress that there is a path for Washington to renew its support for Ukraine in budget negotiations over the...
...Critics accuse Biden of being caught off-guard by an attack against its top ally in the Middle East and emboldening Israel’s foes, including Hamas and its backer Iran....
...After a big fundraiser in New York last week, Biden held a daylong retreat for 175 of his biggest backers. (NYT) Read, watch, listen and enjoy innovative digital journalism with the FT app....
...Ted Pick, who took over from longtime chief James Gorman in January, presented a bullish outlook at the bank’s results yesterday....
...The IMA deal provides an exit for its current private equity backer BC Partners and marks the firm’s second sale in the past week after it agreed to offload a minority stake in US petcare retailer PetSmart...
...The White House and many of Kyiv’s backers in the US capital had little choice but to accept....
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