Hints and tips:
...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...The holding company owned by French billionaire François Pinault and his children will end up holding a 56 per cent stake, the documents show....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...FY, ConvaTec FY, DS Smith Q3 trading update, Galliford Try HY, Ibstock FY, Legal & General FY, Netcall HY, Nichols FY, Quilter FY, Rathbones FY, Ricardo HY, Spirent Communications FY, Tullow Oil FY Thursday...
...“Tiger Global is operating in-person out of our New York offices, whereas Scott and his family have made their home in Florida and want to stay there.”...
...But scepticism remains as to whether the families’ grip has really been loosened....
...Ferguson Maidment’s website has glowing testimonials from some of those clients, although unfortunately they are anonymised to generic descriptors like “Family-owned Business Owner”....
...France’s billionaire Pinault family has agreed to buy a majority stake in Hollywood talent manager Creative Artists Agency from private equity firm TPG in the largest-ever transaction for the family’s holding...
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...One thing to start: The private equity industry is facing a “shakeout” that could result in painful losses for investors who piled into the sector without properly understanding the risks of holding illiquid...
...The pair have bought minority holdings in Clipway, a firm set up by former Ardian senior investor Vincent Gombault....
...The growing gap between Endeavor and the value of its assets was made even clearer following the acquisition of talent agency rival CAA by Artémis, the family holding company of French billionaire François-Henri...
...The arrangement was provided alongside a deal in which GAM’s funds lent more than $120mn to Greensill Capital, via a special-purpose vehicle called Laufer, named after a creek on the financier’s family watermelon...
...“You don’t want to be the last person left holding the bag.”...
...The pants had a life beyond her family, she realised, a life that also included this stranger’s memories. Clothes can move us beyond ourselves, too, even as we wear them....
...Smart reads (Another) family feud A succession battle is brewing at The Times of India, where the ruling Jains have become the latest influential Indian clan to wrestle with the challenges of family, money...
...Job moves James Anderson, the former star fund manager at the UK’s Baillie Gifford, is joining a new investment vehicle launched by Italy’s Agnelli family....
...The other top Cascade holdings are also a bit bizarre for a technology billionaire’s family office....
...Alongside ADQ, IHC and ADG, the new firm also aims to manage capital from third parties, such as institutional investors and family offices....
...the David-Weill family....
...It was founded by Jeff Wright, scion of a bus manufacturing family (his father and grandfather founded Wrightbus in 1946)....
...However, many homeowners are still holding firm to prices that are now out of date....
...Selling off Hulu, ESPN or both would slim Disney down, placing a sharper focus on its family-friendly superbrands such as Marvel and Star Wars....
...Local operators Galaxy Entertainment, Melco Resorts & Entertainment and SJM Holdings, run by the family of late Macau gambling magnate Stanley Ho, were also among the licence holders whose terms the government...
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