Hints and tips:
Related Special Reports
...Oaktree, the credit investor co-founded by Howard Marks and Bruce Karsh, has been on a fundraising push as it looks to compete with larger rivals....
...He became co-chief executive of Standard Life Aberdeen with Keith Skeoch, but left the company in 2020....
...He is already proving a valuable addition to the Board and management teams.”...
...: appointees of Austrian property tycoon René Benko and his co-shareholders....
...Grant Thornton has not publicly disclosed how much New Mountain and its co-investors are paying for the 60 per cent stake, or how exactly the firm will distribute the proceeds of the investment and the new...
...“Political and policy disruption is now a feature of all corporate and investor decision-making,” said Global Counsel co-founder and chief executive Benjamin Wegg-Prosser....
...I am not willing to still pay the same multiple,’” said Todd Miller, global co-head of private capital advisory at Jefferies, referring to a company’s price in relation to its earnings....
Consulting group elevates Belgian Christophe De Vusser to succeed Manny Maceda
...Two allies — John Garvey, PwC’s global financial services leader, and Julien Courbe, global chief client officer — had their management roles taken away at the same time, according to internal communications...
...“Once companies, especially financial services companies, get to the $50bn market cap, their stock performance suffers,” Nuttall said. “Investor returns become more anaemic. Their growth slows.”...
...Jonathan Ruffer also sat on Odey Asset Management’s board until 2002....
...“Public pension funds have for many years poured money into private equity on the premise that it was high-return and low-risk while illiquidity was deemed not to be an issue,” said Richard Ennis, co-founder...
..., who is a vice-president at Northern Trust Asset Management....
...It is the reincarnation of Wall Street’s proprietary trading desks in asset management, with upside-down incentive structures, without the same regulatory oversight and with ill-fated stop loss risk management...
...One scoop to start: Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world’s second-largest alternatives group uses acquisitions...
...Meanwhile Cliff Asness, co-founder of AQR Capital Management, tells my colleagues at Unhedged why he thinks AI is less than revolutionary for finance....
...JPMorgan Asset Management....
...Co-head arrangements have long been a feature of investment banks where leadership aspirants outnumber the available management roles....
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...Miller, who runs investment group Boots Capital Management, has been advocating for his own turnaround plan at Crown Castle....
...This means strong co-ordination and incentives to improve both the asset and the service....
...One of the very few women at the top of asset management, globally, and the only foreign leader of a leading financial services company in Japan, Drews decided long ago to do things differently....
...And next: Elliott Management is setting up a new company to invest at least $1bn to buy mining assets globally, as it seeks to take advantage of the depressed valuation of companies operating in the sector...
...What drives listed buyout groups “is AUM [assets under management] — it’s not entrepreneurial”, one of the people said....
...Donald Mackenzie, one of CVC Capital Partners’ co-founders and most successful dealmakers, is stepping back from Europe’s largest buyout firm ahead of its long-awaited public listing....
International Edition