Hints and tips:
Related Special Reports
...The highest paid director received £1.02mn for the year to March, according to the accounts....
...First off, a recap: dividends used to be an integral part of the relationship between shareholders and companies, and to a decent extent, they still are in Europe....
...But the Apollo case shows that in private equity, monitoring and enforcing contract terms is not so straightforward. sujeet.indap@ft.com...
...The firm also named Chris Gordon and Robin Marshall as the heads of its global private equity business....
...Then SEC chair Gary Gensler used his personal X account to shoot down what turned out to be a hack....
...Such deals account for about 75 per cent of private equity dealmaking activity, according to PitchBook....
...Joe & the Juice has also built out its digital business, which now accounts for 30 per cent of its sales....
...To recap, “private credit” generally means direct loans to companies, often involving a private equity backer and a small handful of lenders (or even just one)....
...At the end of each quarter, those with at least $100mn in assets under management must disclose their equity holdings....
...Among them are Englander’s age, his 100 per cent ownership of Millennium (although capital from him and employees accounts for almost $10bn of its assets), and the fact that clients have tied up their money...
...Adani Energy Holdings Limited and its subsidiaries filed annual accounts with UK’s Companies House last month that were audited by Ferguson Maidment & Co, a small chartered accountant based on Fleet Street...
...“There are many [physical] funds out there that still technically hold Russian equities but are unable to sell them,” he said. Michael Mohr, global head of Xtracker products, struck a similar note....
...Private equity does!...
...Employee capital accounts for almost $10bn of Millennium’s assets, aligning staff with investors, but where other hedge funds have distributed equity among crucial people, Englander still owns 100 per cent...
...So you cannot honestly compare directly the performance of public and private equity without taking leverage into account. So what does an apples-to-apples comparison look like?...
...Its private holdings account for a smaller share of it flagship fund after its public investments recovered their value, Tiger said....
...Here’s a Goldman chart showing how multi-managers account for 27 per cent of the entire hedge fund industry’s overall holdings in US equities, up from 14 per cent since 2014 (zoomable version): One fascinating...
...These funds hired a ton of specialist traders who were given their own profit-and-loss accounts and whose survival was predicated on the whims of the markets....
...Deloitte’s figure for 2021 also reached about £1mn, after taking into account a one-off £200,000 average gain per partner for the sale of a restructuring business to Teneo, a private-equity backed professional...
...Hulu probably accounts for about a third of that amount. Its average monthly revenue per paid subscriber is about twice that for Disney+....
...As assets have swelled, Schonfeld has expanded beyond its roots in computer-driven trading, adding discretionary macro, fundamental equity and fixed income strategies....
...another reminder of that overnight from Bloomberg News, which has gotten its mitts on some financials that the otherwise secretive Jane Street revealed as part of its borrowing programme: Jane Street Group LLC...
...The share of underperforming equity mutual funds and institutional accounts shrinks if you exclude the fees they charge, but the broad conclusion remains the same: the large majority of stockpickers underperform...
...Timi, can you give us a recap on how Isas work? Timi Merriman-Johnson Absolutely, Claer. So, as you said, Isa stands for individual savings account. And there are four types of Isas....
...First, a recap on a main source of the deadlock. The IMF cannot lend to a crisis-afflicted government unless its debts are sustainable....
International Edition