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...Its $400mn convertible looks relatively cheap, yielding 4 to 4.5 per cent for a duration of 7.5 years. Viavi might have had to pay perhaps 8 per cent for a loan of similar size and duration....
...Dean Meyer has joined venture capital firm Sequoia as a partner focused on early stage investments. He was previously an investor at Vine Ventures....
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...The financials and AI investment plans of Google and Microsoft had been in particular focus in light of the experience of rival Meta....
...The agreement is a big boost to UBS’s ambitions to significantly cut back Credit Suisse’s investment bank as it focuses on building out the combined group’s wealth management business....
...media groups....
...But at only 4.4 per cent, according to Statcounter, its share of the global search market hardly represents a threat yet to Google, which has 89.5 per cent....
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...Millennium and DE Shaw, which are multi-strategy firms, took joint second place in the all-time rankings, making $5.7bn and $4.2bn last year respectively....
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...This article has been amended since initial publication to clarify that Hg Capital Trust’s investment in Argus Media was valued at about £52mn, not Hg’s overall investment....
...Loans do offer higher yields than HY bonds, around 9.4 per cent, but I think a fair portion of that is probably compensation for loss provisioning....
...He was a day-one investor in venture capital giant Sequoia Capital, as well as other leading private capital groups including Benchmark Capital and Hillhouse Investments....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
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