Hints and tips:
...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....
...The credit investment manager co-founded by Howard Marks expects to offer loans of about $500mn or more to leveraged buyout groups, money they will use to fund corporate acquisitions, according to a letter...
...The idea of a wholesale conversion of obsolete office towers into desperately needed housing, as New York City’s Mayor, Eric Adams, has proposed, seems far-fetched....
...Last week, Oaktree Capital co-founder Howard Marks told clients the group was trying to raise $10bn to fund loans for big buyouts....
...Additional reporting by Eric Platt in New York...
...Howard Marks, the co-founder of $172bn investment group Oaktree Capital Management, has warned that the boom in private credit will soon be tested as higher interest rates and slower economic growth heap...
...In the Channel Islands, on Jersey, the Eric Young Orchid Foundation is unmissable, a superbly cultivated range of orchids and their hybrids....
...Devon....
...The ultimate example is Peter Hibbert’s 94-year-old father Eric, who works every day, cashing up and doing paperwork. “I just carry on and help as much as I can,” he says....
...Howard Davis, founder of the Bristol-based agency Howard Independent Estate Agents, says many long-term landlords in the city are now looking to sell — as he speaks to the FT, he has on his desk three valuation...
...I think down in Devon there’s a campaign to have some primaries down there....
...But Johnson vowed to fight on after the Tories lost Wakefield in West Yorkshire and Tiverton and Honiton in Devon....
...One of them was owned by Sir Howard Stringer, former chair of Sony, but he was about to sell....
...“I think with this latest [inflation] number, the Fed is really going to go for it and this will cause an economic slowdown,” said Julian Howard, lead investment director for multi-asset solutions at fund...
...First, using data provided by the great Howard Silverblatt of S&P Indices, here is a chart of the year-over-year change in dollars spent on buybacks by companies in the S&P 500 index, plotted against the...
...As former Tory leader Lord Michael Howard joined the ranks of those calling for Johnson to quit, the mood among Conservative MPs was grim. “I’d be surprised if Boris was in the job in a year’s time....
...On Wednesday, Milken and Howard Marks, the co-founder of Oaktree Capital, reminisced about old financings such as those for sewing-machine maker Singer and machinery giant International Harvester....
...On Friday senior figures including Michael Howard, a former Tory party leader, called for him to quit....
...To avoid bankruptcy, Twitter could do the following, the FT’s Tabby Kinder, Richard Waters and Eric Platt explain: Pay the interest from Twitter’s dwindling cash reserves (the company only has a cash position...
...Among the biggest winners this year have been the BH-DG Systematic Trading fund, run by a joint venture between hedge fund firm Brevan Howard and former Chase Manhattan trader David Gorton....
...Ray Dalio and Howard Marks could take tips in brevity from the billionaire. As he was tweeting, Musk was also selling Tesla stock....
...Additional reporting by Eric Platt in New York and Hudson Lockett in Hong Kong Are we heading towards a global recession?...
...DD’s Antoine Gara, Eric Platt and Ortenca Aliaj report that lenders such as Barclays, Bank of America and Morgan Stanley are waiting to see a clear business plan from Musk to start marketing the debt....
...I regularly check the website of John Howard, who often has in stock wonderful 19th-century North Devon earthenware jugs, usually featuring leaves and animals. Along with jugs, I love a good tankard....
...Howard Morgan, chair of New York venture firm B Capital, singles out the tech industry’s various attempts to revolutionise the transport sector as one cause of regret....
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