Hints and tips:
...Kleinman said H&F’s investment could double in size over time as it funds future acquisitions....
...Baker Tilly secured a $1bn investment led by H&F in February....
...In another reported exchange, Forlano replied that “Rigatoni”, a nickname for Viggiano, “literally works for” Blackstone, and Bleckley responded, “F[**]k u should’ve told me f[**]k the feds.”...
...The “weak link”, as Jefferies puts it, is Refinitiv’s “desktop franchise”, ie Eikon, ie the Bloomberg terminal competitor that is often invoked in the sentence “stupid f---ing Eikon”....
...The latest factsheet reveals an interesting joint-top holding (aside from cash and alongside Freenome, a private UK biotech company): (H/T Tanay Jaipuria) Presumably, the ARK Venture Fund picked this $1mn...
...to take lower governance rights and leave H&F in control of the deal....
...(H/T Dan McCrum.) (Enlarge) (Zoom) (Crude spot-the-difference video) There’s a lot going on there so the most we can do in a hurry is to pick out a few landmarks....
...They are expected to meet US president Joe Biden, who is in the city for a Democratic fundraising event, at the John F Kennedy Presidential Library....
...Representatives for H&F and Bain Capital declined to comment....
..., Chainstry, Hash, KOSMOS Capital, Kyros Ventures, LD Capital, Minted Labs, P2P Capital, Phoenix VC, Staking Facilities, YBB Capital, Moonwhale Ventures, and Decentralab....
...Still, H&F is hardly scrimping. The €390-per-share offer represents a 40 per cent premium over the previous three months’ average and about 34 times its 2022 estimated ebitda....
...The other, across the border in mainland China, is a tourist resort near Shanghai designed to look like the Italian city of Venice.The seizure was just a “routine transaction”, Marks said,f in our inside...
...Rival start-up Rivian has already launched its own electric pick-up, and Ford is set to launch an electric version of its F-150 in the spring....
...But investors in H&F’s older fund are hardly losing out in the sale to its new funds....
...(FT) News round-up Credit Suisse pegs potential Greensill fund losses at $3bn (FT) H&M and Nike face China backlash over Xinjiang stance (FT) UK willing to rescue Liberty Steel ‘in its entirety’ (FT)...
...At the time, H&F outbid Permira in a shootout for the group....
...Jean-Marc F Blanchard, an executive director at the Mr and Mrs S H Wong Center for the Study of Multinational Corporations, a California-based think-tank, said the longer-term decline in Chinese FDI in the...
...i) Asia Gas Pipeline contracts were awarded by Asia Gas Pipeline LLP, a 50-50 joint venture between a Chinese state company and the Kazakh state company KazTransGas, adhering to a procurement policy set...
...this Tuesday afternoon reading a research paper from last year entitled The changing structure of American innovation: Some cautionary remarks for economic growth by Arora, Belenzon, Patacconi and Suh (h/...
...Still, H&F has plenty of experience as a minority investor and returns can be good. If there are fewer potential buyers swarming around Euroclear, it will be easier to strike a good price....
...In May, H&F and Blackstone failed in a bid to buy the whole Scout24 business....
...H&F was such a little-known entity that seven years after launch a leading US newspaper mistook it for a law firm.But from the outset H&F hunted for the types of deals that grabbed headlines, including the...
...During a 2017 takeover battle for Fairfax Media, the Australian publisher, Healy’s firm H&F was facing competition from private equity group TPG....
...Laurene Powell Jobs, the widow of late Apple co-founder Steve Jobs, has also organised her “social change organisation” Emerson Collective as an LLC....
International Edition