Hints and tips:
...She talks to the FT’s Andrew Hill about life running Suntory Beverage & Food....
Legendary activist investor’s vehicle said to be overvalued in critical report
...“In the investing environment broadly, I think this is one of the most complex times we’ve had,” Schwartz said at the Milken conference in Beverly Hills this week....
Executives and investors fret about impact of rising rates and empty buildings on $5.6tn market
...“To me, it’s kind of rainy weather,” the executive said as Beverly Hills was being pelted with an unusually heavy storm....
...You would guess that was how Antoine (Denis Ménochet) felt on arriving in this dusting of smallholdings in the rich Galician hills....
....£19.95 Lea & Sandeman Loom, Long Yarn Pinot Noir 2021 Adelaide Hills (13.5%)Unlike many Pinots, this one is savoury rather than sweet....
...Last year, T Rowe acquired Oak Hill for $4.2bn, while BlackRock acquired Tennenbaum Capital in 2018....
...Private lenders including Ares Management, Oak Hill and Blue Owl stepped in to provide a $4.8bn senior private loan....
...We hiked across the lush hills of Taha’a, over ravines where islanders hunt wild pigs by night, among groves of avocado and mango....
...That is for sure,” Milken told DD’s Antoine Gara after wrapping up his conference....
...Additional reporting by Andrew Edgecliffe-Johnson and Antoine Gara in New York...
...Nuveen bought European debt manager Arcmont last year, while T Rowe Price purchased Oak Hill for $4.2bn in late 2021....
...The $598bn investment firm has also failed to follow through on deals for publisher Pearson, gambling company William Hill and packaging business RPC Group.Apollo is considered to be one of the buyout industry...
...At 7am on Monday, Marc Rowan, chief executive of private equity group Apollo Global, took to the stage in Beverly Hills and warned his fellow financiers that a decade of almost uninterrupted buoyancy in...
...At the Milken Global Conference in Beverly Hills on Monday, Rowan emphasised debt investing as the driver of Apollo’s growth....
...Additional reporting by Antoine Gara and Sara Germano in New York. Data research and analysis by Daniel Clark...
...Blackstone may slow the launch of its Private Equity Strategies Fund, DD’s Antoine Gara reports, a perpetual fund it has been designing for wealthy individual investors to gain access to its buyout business...
Transaction with Brookfield for 49% of One Manhattan West would value building at $2.85bn
...T Rowe Price’s stock rose over 5 per cent when it announced the Oak Hill Advisors acquisition last Thursday....
...For the Penguins, the sale could mark the end of a successful two-decade-plus ownership by Beverly Hills-based investor Ron Burkle and Penguins Hall of Fame centre Mario Lemieux....
...The deal comes just days after mutual fund firm T Rowe Price announced a $4.2bn acquisition of credit manager Oak Hill Advisors, in its largest-ever purchase....
...As recently as last year, auctions for a hot song catalogue would typically attract bids from the major music labels and small specialist funds that have emerged to buy rights, such as Hipgnosis, Round Hill...
...“Tan reached Michael Dell two weeks ago” a person with direct knowledge told DD’s Antoine Gara and DD’s James Fontanella-Khan....
...Additional reporting by Antoine Gara in New York...
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