Hints and tips:
Related Special Reports
...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...
...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...Other recent partner-level exits include Solomon’s longtime lieutenant, Jim Esposito, Beth Hammack, co-head of the bank’s financing group and the former head of its consumer and wealth division Stephanie...
...The firm has about 600 partners in the US and is the largest member of Grant Thornton International, a network of accounting firms that use a common brand and co-ordinate services worldwide....
...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....
...The Actis transaction comes just days after BlackRock agreed to buy Global Infrastructure Partners for $12.5bn to create the world’s second-largest infrastructure firm....
...“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.”...
...illicit spending spree were Apollo’s limited partners....
...Indeed, one recent lawsuit filed by the Arkansas news organisation Helena World Chronicle in a class action against Google and Alphabet argues that the “unlawful tying” arrangements, in which the search...
...Ted Baker is on the brink of collapse unless it finds a new business partner, casting doubt over the future of hundreds of high street jobs at the UK fashion brand....
...The FT in late 2020 was the first to report about a Southern District of New York decision in which Judge Kevin Castel ruled that Mohammed Ali Rashid, an Apollo private equity partner, breached his duties...
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...The other partner in the joint venture is US fund manager RedBird Capital....
...“It creates an equity culture so that partners are focused on how to grow the equity value of the business and not just their own individual book of business.”...
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...A new group including Mubadala, Michael Dell’s family office, Goldman Sachs Asset Management and Lexington Partners will also invest cash into Endeavor....
...Among them is a proposal to “right-size” legacy divisions, such as Disney’s studio business and its linear TV networks, by spinning them out and finding strategic partners....
...Rothschild set up RIT Capital Partners, a listed investment trust investing in public and private markets that he chaired for more than 30 years....
...In a statement, Ofcom said that the “publication of our advice and any decision on how to proceed are matters for the secretary of state”....
...Partners at the firm took home an average of £1.06mn during the period, which was the highest average partner pay among the Big Four last year....
...Less of a household name, Southwestern was formed in Arkansas ahead of the Great Depression....
...Apoorv Agrawal, a partner at investment firm Altimeter, calculates that the Mangs participated in data and AI start-up investment deals worth $23bn last year — about 30 per cent of the total....
...A few weeks earlier, Shiber had joined Centerview Partners, the elite boutique M&A investment bank, as a 21-year-old, first-year analyst....
...Multi-manager hedge fund Freestone Grove Partners, led by a former Citadel portfolio manager, launched with $3.5bn last week, according to one person with knowledge of the matter....
...Since announcing plans to launch two Orient Express-branded superyachts early last year, Accor has been seeking a partner to bankroll the majority of the capital expenditure associated with the cruise liners...
International Edition