Hints and tips:
...US tech investor General Atlantic and French asset manager Carmignac are backing a London investment manager that is buying out stakes in private equity funds, as they seek to diversify into this fast-growing...
...A number of other prominent firms such as CVC Capital and General Atlantic are also considering their own future and have prepared preliminary plans to go public....
...General Atlantic declined to comment. Bloomberg earlier reported on the filing of IPO paperwork....
...General Atlantic and Actis declined to comment....
...Office values are tumbling on both sides of the Atlantic because of rising interest rates, an increasingly bleak economic outlook and increased homeworking....
...Last month, General Atlantic agreed to roll most of its 52 per cent stake in software group EngageSmart into a $4bn buyout led by Vista Equity Partners, two years after General Atlantic listed it on the...
...Apple is also feeling the heat on the other side of the Atlantic....
...Binks and General Atlantic are both acquiring the shares from Hg, which is selling its full stake....
...Investment banks globally face losses on tens of billions of dollars of bridge loans backing leveraged buyouts on both sides of the Atlantic, which were signed before slumping markets made it harder to shift...
...KKR last month said it would buy the remaining stake in Global Atlantic, the life insurer it took control of two years ago....
...“[In] financial services, the record is particularly poor, as scaling typically requires hiring a lot of people, which erodes culture and can lead to excess risk taking,” he told analysts....
...and quantitative traders from funds including Jane Street and the venture capital arm of Emerson Collective — the philanthropic organisation run by Laurene Powell Jobs that is the majority owner of The Atlantic...
...Greensill Capital repaid the Laufer loans in 2018, shortly after a $250mn investment from US private equity firm General Atlantic transformed the valuation of the finance firm, to surpass $1bn....
...Many of the industry’s biggest names, including Blackstone, Apollo Global Management, Warburg Pincus and General Atlantic have taken out such loans in recent years, according to securities filings....
...But consultancy services to help companies improve their ratings are still widespread....
...General Atlantic senior adviser Annette Thomas has joined the board of Schroders as a non-executive director....
...General Atlantic has been quick to expand its overall investment platform in recent years....
...KKR in 2021 bought a majority stake in insurer Global Atlantic, adding $90bn to the group’s assets at the time....
...Last year, General Atlantic bought Tripp Smith’s credit firm Iron Park as it decided to push into debt-based investments....
...The company is backed by private equity firm General Atlantic, which first invested in December 2019....
...A few months earlier, The Atlantic magazine asked whether it was dying. Moaning about a free service may seem fruitless....
...General Atlantic funnelled the original Greensill loan through a series of holding companies and used it to buy a minority stake in two financial services and software businesses, Stoxx and Axioma, in a...
...Last year, the company went public, valuing General Atlantic’s stake at $639mn, several multiples of its original investment....
...They include Warburg Pincus, Bain Capital, General Atlantic and Vista Equity Partners....
...He met Jiang when the latter was an intern at General Atlantic’s Hong Kong office....
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