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...Continuation funds can also be controversial with LPs, because they have to decide whether to lock up capital with a VC for another lengthy period or cash out potentially at a discount....
...The owners and managers of the True Confidence, who purchased the vessel just days ago from US private equity group Oaktree Capital, gave details of the deaths and injuries in a statement on Thursday....
...With a shareholder vote set for April 3, Disney faces proxy fights with Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting the company’s share...
...It is now attempting to navigate the twists and turns towards retail capital. The latest effort is the semi-liquid buyout fund....
...“As we’ve turned the year you see banks being more aggressive,” said Chris Bonner, who heads leveraged finance capital markets for Goldman Sachs....
...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...
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...But it seems unlikely that the private capital boom will go into reverse any time soon; after all, public equity markets have challenges, too....
...One of its main USPs is the messaging function — through which the wheels of a LOT of global financial commerce are greased....
...Firms that have shorted the stock include London-based Marble Bar, CapeView Capital and Kuvari Partners....
...Carlyle Group has hired Jeff Currie, the former Goldman Sachs global head of commodities research who predicted a mid-2000s boom in oil prices, to help the US private capital group invest behind big trends...
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“Does this seem like fair journalism to you?”
...A study released last month by a non-profit associated with the Texas Chamber of Commerce found that the laws could undermine the state’s efforts to foster a pro-business climate and cost the state $37.1mn...
...Bain Capital and other lenders, which snapped up Accolade’s distressed debt over the course of the past few months, will become the ultimate owners following a debt-for-equity swap....
...The deal underscores how large private capital groups such as Blackstone that face fewer restrictions than banks are stepping into mainstream debt markets to help alleviate capital pressures on large lenders...
...These companies are also pledged as security to previous debts provided by Carlyle, which is owed more than £300mn after helping to repay outstanding commitments of £280mn to Greensill Capital, the supply...
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Most of the investment groups had planned to lend the vast majority of the capital they promised....
...Nimmo has led the struggling KPMG spinout since its 2021 sale to Miami-based private equity group HIG Capital....
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...Most VCs continue to charge LPs a management fee regardless of whether they had made investments, but Sequoia Capital, one the premier tech VC groups, started waiving fees on capital it had not yet committed...
...The growth capital model supports much of this....
...“The declining cost of capital with rates coming down and spreads coming down for real estate borrowing is very helpful.”...
...Digital commerce only continues to proliferate, making it increasingly lucrative to be a toll collector. But ambitious deals in financial services are never easy to pull off....
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