Hints and tips:
Related Special Reports
...offer put to them by management last week....
...Grant Thornton’s retired US partners are demanding a greater share of the spoils from its sale of a majority stake to private equity, after accusing the accounting firm’s management of short-changing them...
...Goldman has proved fertile hunting ground for Millennium founder Izzy Englander, who has tapped several of the bank’s partners for roles at his $62.2bn hedge fund as he moves to build out the management...
...The cash from New Mountain, together with some debt financing, will be used to return capital to current partners, buy out retirement obligations to former partners and build a war chest for investment,...
...Kennedy Lewis, a $14bn credit firm, last week agreed to sell a significant stake to Petershill Partners, the private equity investment arm of Goldman Sachs Asset Management....
...There will also be an undisclosed amount of debt financing provided by a group of private lenders including Blackstone Credit, HPS Investment Partners and Blue Owl Capital....
...By the end of September, his personal debt to the tech group topped $5bn....
...Doing so will add $12.5bn to General Atlantic’s $83bn assets under management....
...There was, however, only one person being tried: Mohammed Ali Rashid, a former senior partner at Apollo Global Management....
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
...Liability management is a fancy catch-all term for strategies used by companies and their private equity sponsors to reduce or push out their debt maturities — typically hurting existing investors in the...
...Apparently, Apollo Global Management has other priorities....
...The other partner in the joint venture is US fund manager RedBird Capital....
...Goldman Sachs’ asset management arm has bought a stake in the fast-growing private credit fund Kennedy Lewis Investment Management, as it looks to expand its reach in one of the hottest corners of private...
...Cannae pays a 1.5 per cent annual management fee, roughly $40mn, to another Foley affiliate....
...It now manages more than $14bn, hunting for deals in esoteric corners of debt markets. “We are honoured to welcome Petershill as a passive investment partner,” Chene and Richman said in a statement....
...The New York-based securitised products business packaged debts, such as mortgages and loans for yachts, before selling them on as securities....
...A portfolio manager at Izzy Englander’s Millennium Management is preparing to launch what would be the biggest new hedge fund in more than a year after securing $3bn of capital from his employer and taking...
...A new group including Mubadala, Michael Dell’s family office, Goldman Sachs Asset Management and Lexington Partners will also invest cash into Endeavor....
...With debt expensive and public market valuations high, some private equity players say acquisitions of partnerships could have more upside than other deals, and they point to lucrative exits on older buyouts...
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...In its report, Glass Lewis said that the 15 months since Iger returned for a second stint as CEO “have provided management and an incrementally reconstituted board with adequate opportunity to launch a more...
...Renamed GV, it now boasts more than 400 companies in its portfolio and has some $8bn in assets under management....
...He previously worked for Brookfield Asset Management. Latham & Watkins has hired Yohei Nakagawa as partner in the M&A and private equity practice in Tokyo....
...Global Infrastructure Partners was different....
International Edition