Hints and tips:
...Another deterrent was the requirement to invest half the deal’s value into Carlyle Partners VIII, said people briefed on the matter....
...Private equity group Carlyle will take control of Southend Airport after sealing a deal to resolve a row over a loan made during the pandemic....
...Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry heats up....
...Run by former Moelis partner Kasim Kutay, the life sciences investment group is swimming in cash thanks to dividends from the drugs....
...Somebody is buying RuneScape again: Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry...
...CT Fitzpatrick, chief investment officer of Vulcan Value Partners, a large Carlyle shareholder, commended Schwartz’s deliberate approach....
...Carlyle has cut further jobs across its US buyout investment team, according to people familiar with the matter. Those lay-offs have affected staff in Europe and Asia. Carlyle declined to comment....
...Apollo, Brookfield, Carlyle, KKR and JPMorgan all declined to comment....
...Job moves BDT & MSD Partners’ global head of client services Dina Powell McCormick will join the board of ExxonMobil, as of January 1....
...Earlier this year, Carlyle began studying ways to sell its stake to large limited partners such as sovereign wealth funds, according to people familiar with the matter....
...Christopher Finn, the longtime chief operating officer at Carlyle Group, is retiring this summer....
...Carlyle recently acquired Katy Perry’s catalogue for $225mn, fending off rival bids from HarbourView and Blackstone’s Hipgnosis fund, according to several people familiar with the auction....
...“I don’t see a massive rebound in exits next year,” says Pierre-Antoine de Selancy, managing partner at 17Capital....
...Take Vista Equity Partners’ recapitalisation of fintech group Finastra, for example....
...In July, the FT reported private equity firms including Vista Equity Partners, Carlyle Group and Hg Capital had used NAV loans to finance cash distributions to investors....
...A legal adviser to Carlyle on its antitrust strategy is Latham & Watkins partner Makan Delrahim, the top antitrust official at the DoJ during the Trump presidency who Kanter replaced....
...“So the LPs have more leverage today than they’ve often had.” Questions over questionnaires One of the things LPs are looking for is better disclosure on ESG performance....
...State-owned China Investment Corporation owns 49 per cent of Neptune, with private equity groups Carlyle and CVC Partners owning 30.6 per cent and 20.4 per cent respectively....
...Bain’s European business has recently ceded ownership of German manufacturer Wittur to KKR’s credit arm, said people familiar with the deal, while Carlyle is expected to hand over the keys at security company...
...Some investors in its funds, known as limited partners, said they were becoming frustrated by how long the fundraising had dragged on and suggested that Carlyle should admit defeat by closing the fund early...
...Just before US Labor Day last year, Bed Bath & Beyond was wired a $375mn lifeline from Sixth Street Partners....
...would pay 81 cents on the dollar and also plough half that amount into the new fund, known as Carlyle Partners VIII....
...Hoxton Ventures has named Bryan Gartner as a partner in London. He was previously a partner at Khosla Ventures....
...Firms including Apollo, KKR and Carlyle have also increasingly focused on credit, in a shift away from the leveraged buyouts that used to be their main focus....
...CVC plants its flag on a €26bn peak CVC Capital Partners managing partner Rob Lucas has climbed some of the world’s tallest mountains....
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