Hints and tips:
...Meanwhile, listed groups including TPG, Brookfield and KKR have in recent years struck ambitious acquisitions....
...At the time, the company was publicly traded after having been taken private by buyout firms TPG, Bain Capital and a division of Goldman Sachs, which together still owned 32 per cent of the stock....
...A $450mn funding deal led by TPG in 2017 was agreed to grow scripted programming and international operations, giving the group a valuation of $5.7bn....
...Turbulence ahead After a pandemic surge and the Spac boom propelled the industry to new heights, private jet ventures are grappling with falling demand, Bloomberg reports....
...Gates’s biggest UK investments, for example, have been in retailer Carpetright, jet servicing group Signature Aviation and Bunzl, a distributor of disposable cutlery....
...Job moves Private equity firm TPG Capital has hired General Atlantic veteran Peter Munzig as a partner and head of business services....
...The private equity firm TPG invested in CAA in 2010, taking a majority stake four years later in a transaction that valued the talent agency at more than $1bn....
...The investment firm acquired the biggest US gaming empire, Harrah’s Entertainment, in 2008 with rival buyout group TPG for $31bn, although the company, which was later renamed Caesars, later went bankrupt...
...The private equity firms Apollo Global Management and TPG acquired what was then known as Harrah’s Entertainment for more than $30bn (the business model and operations are somewhat different so the transaction...
...Now — after months of drama around potential conflicts of interest, concerts from Sting and Gregory Porter, and private jet flights — we are getting the first signs of what Nicolai Tangen (pictured) actually...
...(FT) Fire up the jet As commercial airlines tick by on life support, the private aircraft industry is taking off....
...MyTheresa was owned by Neiman Marcus Group Ltd LLC until, almost two years ago, the online retailer was transferred up to a parent company, The Neiman Marcus Group Inc....
...Smart reads Germany Inc The increasing plight of Germany’s corporate sector is no coincidence, writes the FT’s Olaf Storbeck....
...Francisco Partners, founded by former TPG principal Dipanjan Deb, raised more than $3bn for its latest fund in 2017....
...One said Mr Fertitta made a $13 per share cash-and-stock offer but that he did not extend it to Caesars’ former private equity owners, Apollo Global Management and TPG Capital....
...Ltd LLC defaults on its debt....
...TPG, along with Mr Thain, suggested Mr Chai as a CFO candidate to Mr Khosrowshahi....
...The investor consortium includes SoftBank and Dragoneer, as well as new investors TPG, Sequoia and Tencent....
...The industrial conglomerate, whose products range from thermostats to jet engines, said it now expects total sales of $40.2bn to $40.4bn this year, up from a previous $39.3bn to $40bn estimate....
...Carlyle, Blackstone, TPG collectively paid more than $300m to settled claims without admitting these were true....
...Corporate earnings reports out today include TPG Telecom and Tsuruha....
...Her family co-owned a private jet with Pincus, which the lower Chancery Court had ruled was not a disabling conflict. The Delaware Supreme Court disagreed last December....
...Mr Bonderman, chairman and founder of TPG, the buyout group, recently stepped down from the board of Uber after making a sexist comment during a meeting at the ride-hailing company....
...Businesses that have said they will sign up include PVR Cinemas, India’s biggest movie theatre chain; Jet Airways, the airline; and Domino’s, the pizza group....
...EFH, which used to be known as TXU, was infamously acquired by KKR, TPG Capital and the buyout arm of Goldman Sachs in 2007 for $45bn in what was the largest leveraged buyout at the time....
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