Hints and tips:
...Fenchurch Advisory has added a pair of veteran financial institutions bankers: Paul Miller as a senior managing director and Eric Richard as a vice-chair....
...It might seem like a kick in the teeth for Eric Swider, the new CEO of the Spac, who got the deal over the line....
...DD’s Ortenca Aliaj and Eric Platt learned that Neumann sat down with Third Point and SoftBank in October to discuss a potential deal, but there was no agreement and WeWork was largely focused on renegotiating...
...The pair were on the teams responsible for two $10bn-plus fundraisings that closed in 2008, DD’s Eric Platt reports....
...“Investors should be focused on what this means for Warren Buffett going forward,” Cathy Seifert, an analyst with CFRA, told DD’s Eric Platt and the FT’s Harriet Agnew, underscoring the personal effect this...
...And one note from team DD: We’ve made it to the final DD edition of this year....
...DD will be there, so rustle up a team of up to six and see if you have what it takes to beat us. Details here....
...But there is more to it than meets the eye, DD’s Kaye Wiggins and the FT’s Stephen Gandel report....
...DD’s Sujeet Indap has the tale of the Carvana roller-coaster ride. In 2021, Carvana shares reached north of $300 for a $50bn market cap....
...’s Eric Platt....
...Two years later, they have yet to spend the full sums they committed, according to several people familiar with the matter and an analysis by the FT’s Anna Nicolaou and DD’s Eric Platt....
...On Friday, DD’s Eric Platt reported that KKR was following in their footsteps, starting conversations with lenders including Blue Owl Capital over a refinancing of its veterinary clinic and hospital chain...
...But in hushed tones, investors and advisers have been increasingly warning DD’s Antoine Gara, Eric Platt and William Louch of trouble ahead. So how much of a bind is private equity in, really?...
...DD’s Antoine Gara and Eric Platt revealed last week that private equity firms are increasingly borrowing against a fund’s investment assets to help pay down the debts of struggling individual companies....
...His CloudKitchens group has sacked workers and closed locations this year in an attempt to cut costs, people with knowledge of the matter told DD’s Eric Platt and Ortenca Aliaj....
...’s Eric Platt found....
...The trade at hand: a sale of the healthcare technology company Cotiviti for up to $11bn, people involved in the matter told DD’s Eric Platt and Antoine Gara....
...JSR’s American chief executive, Eric Johnson, says the company originally approached JIC in November 2022....
...(DD notes that the billionaire is incorrect on at least one fact — KKR is a minority shareholder.) Axel Springer looks like a classic private equity windfall....
...of dollars on behalf of Moritz himself and other investors including long-serving Sequoia partner Doug Leone, Stripe’s co-founder John Collison and the family foundation of former Google chief executive Eric...
...CNN’s Amy Entelis, Virginia Moseley, Eric Sherling will help run things until a replacement is found....
...Small accounts were among the bidders this past week that helped send shares of the railroad-to-confectioner conglomerate to a record high, DD’s Eric Platt reports....
...DD is less than sanguine about their prospects with the finance set. Sure, exclusivity has always had its pull in New York....
...’s Eric Platt and the FT’s Harriet Clarfelt....
...US financial technology start-up Plaid has hired former Expedia chief financial officer Eric Hart....
International Edition