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...A year later it was promoted to the lucrative Premier League and Sawiris has since expanded his stable of sports assets under his and Edens’ V Sports, including a stake in Portuguese club Vitória....
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...resting lightly on the lectern, Sir Paul Marshall laid into the three enemies of the free market, what he called the “mutant siblings” of capitalism: the “cronies” colluding at Davos, monopolies and “woke” corporations...
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...But Blackstone is not entirely asset light....
...Balyasny Asset Management made three significant promotions on Wednesday....
...But these days, Villa is valued at more than £500mn after Sawiris and Edens agreed the sale of a minority stake in their V Sports vehicle to US investment firm Atairos in December last year....
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
...And next: Elliott Management is setting up a new company to invest at least $1bn to buy mining assets globally, as it seeks to take advantage of the depressed valuation of companies operating in the sector...
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...The transaction valued Heathrow at a 30 per cent premium to its regulated asset base....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
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...Rising interest rates are a key reason for the slowdown, causing catalogue prices to fall and making it harder for investors to justify loading the assets with debt....
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