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...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...EG Group is in talks to offload some UK assets to billionaire co-founder Zuber Issa in what the company told investors was an attempt to reduce the debt pile of its petrol-station empire....
...The third co-founder, Niklas Adalberth, offloaded most of his shares years ago to start a foundation. Both Klarna and Jacobsson declined to comment....
...Haymarket also lent $91mn to Jarm Capital, a Delaware company then owned by Josh Wander, co-founder of 777, according to a person familiar with the situation....
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...The public listing of European private equity firm CVC Capital Partners will net one of its co-founders, Donald Mackenzie, a windfall of up to €150mn....
...Although people have been creating new methods to “analyse and crunch numbers for decades”, said Amrit Santhirasenan, chief executive and co-founder of insurance start-up hyperexponential, “Excel has been...
...The co-founders of Trump Media & Technology Group have sued the company, alleging that executives including Donald Trump are manoeuvring to dilute their stake in the business through a “last-minute stock...
...Terraform Labs, the cryptocurrency group behind the $40bn collapse of terraUSD digital tokens in 2022, and its co-founder Do Kwon have been found liable by New York jury for defrauding investors....
...Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Victor BotevChief Technology Officer and Co-founder, Iris.aiStabekk, Norway...
...targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at the private equity house, who co-led...
...Terraform Labs, the company behind the $40bn collapse of TerraUSD digital tokens in 2022, has filed for Chapter 11 bankruptcy protection in the state of Delaware as its co-founder Do Kwon faces a civil trial...
...Nuttall and Bae were named co-heads of KKR in October 2021, cementing a succession from founders Henry Kravis and George Roberts, the billionaire duo who brought leveraged buyouts to the financial mainstream...
...The 41-year-old chief executive and co-founder of Good American, and co-founder of shapewear label Skims, was raised in east London and dropped out of the London College of Fashion because she could not...
...Speaking to the Financial Times, David Howden, founder and chief executive of insurance and reinsurance broker Howden, predicted the price of business cover would flatten this year as the supply of insurance...
...Separately, a lawsuit filed in New York last week sought to prevent the transfer of 777 Partners’ assets to a co-founder to protect creditors’ interests, calling the firm a “house of cards”. 777 declined...
...Inflection’s third co-founder, Reid Hoffman, the founder and executive chair of LinkedIn, will remain on Inflection’s board....
...Stripe co-founder John Collison’s name was misspelt in an article on March 16. We apologise for the error....
...The US Securities and Exchange Commission is pushing for collapsed cryptocurrency firm Terraform Labs and its co-founder Do Kwon to pay more than $5bn in fines and interest, after both were found liable...
...The appointment comes as some of the pioneers of the $4tn private equity industry plot succession plans beyond their founders, or even second and third generations of leadership. Read more here...
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