Hints and tips:
...Florida had 2.8 per cent of its portfolio allocated to China. But after Russia invaded Ukraine, Florida was forced to write down $300mm put into Russian securities to “essentially zero”....
...Q3, London Gatwick Airport FY, Lululemon Athletica Q4, M&G FY, Next FY, Nike Q3 Friday Competition and Markets Authority deadline for decision for its Phase 1 investigation into the anticipated joint venture...
...Dean Meyer has joined venture capital firm Sequoia as a partner focused on early stage investments. He was previously an investor at Vine Ventures....
...PE, your next Airbnb host: TPG is snapping up short-term rentals in Florida, signalling what could be a broader industry trend, The Wall Street Journal reports....
...A proposed deal with CK Hutchison to combine Vodafone’s British business with Three UK has yet to materialise despite months-long talks....
...Who might back the new venture? Lehmann said the bank had several “offers on the table”. Job moves Salesforce co-CEO and vice-chair Bret Taylor is stepping down from his role at the software group....
...It’s easy to see why CK wanted a higher price....
...His new venture offered something for everyone. BlackRock became Home Partners’ biggest financial backer in 2014....
...Sir Richard Branson has asked a UK court to determine whether the pandemic undermined Virgin’s standing as “a brand of international high repute” in a $250m dispute with his former partner in a US train venture...
...Destra claims that Parmar acquired a private healthcare company (which eventually became Constellation) in 2012 as part of a joint business venture with Southport Lane Management, a PE firm run by financiers...
...The Florida-based online lender had its loans securitised for the first time in May last year. It was a $126m deal arranged by Jefferies. And it’s gone bad already....
...KTR is being bought by Prologis’ US logistics fund, a joint venture with Norges Bank Investment Management, manager of the Norwegian pension fund....
...He brought one of the best surgeons in Florida to the stage. That part was all set up,” says Mr Saunders. The next part was a surprise: “I thought I was just going to get a little superficial Botox....
...Last year, it was valued at more than $3bn, with a $258m investment from Google Ventures and private equity firm TPG....
...brief on December 20 in a case against Global Information Network, citing a declaration by Peter Vander Nat, expert witness in 14 pyramid scheme cases brought by the FTC, Department of Justice and the Florida...
...Blackstone has a team of six financial services buyout specialists and it has invested in several US lenders – such as BankUnited, the largest independent bank in Florida – in the past few years....
...Jason Shah was a 15-year-old high school student in New Smyrna Beach, Florida, when he started INeedAPencil.com, a venture offering free online courses to help students with their SAT university entrance...
...Virgin is the largest shareholder in the VMMEA venture, with other investors including ePlanet Capital, a venture capital backer of FRiENDi, Baidu and Skype; NTEC, a subsidiary of the Kuwaiti Investment...
...Blackstone has informed Universal City Development Partners, the venture that operates the Universal Studios Florida and Universal’s Islands of Adventure parks, that it has triggered a clause giving Comcast...
...Hertog among the dwindling group supporters of Lord Black, who have stuck by his side after he was convicted in 2007, has shared ideological and business interests stemming from a joint media business venture...
...He confesses that these days he gets “bored” making billions through business ventures....
...It has been involved in several recent financial services deals, including the acquisition of failed Florida lender BankUnited and an investment in Bermuda’s Bank of NT Butterfield....
...The group has also built an Indian television network, recently signing a joint venture with Bloomberg for a co-branded news channel....
...Since then, the two men kept in touch and after Mr Kanas sold his bank, they formed a joint venture to vet possible bank acquisitions and recruited others to serve as executives in any properties they acquired...
...The Stuyvesant Town deal has also hurt Florida’s pension fund, which lost $250m on its equity stake, according to Bloomberg: “We are carrying that investment at zero because the market softened dramatically...
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