Hints and tips:
...Evercore v Lazard: the boutique turf war Boutique investment bank results are streaming in, and with two of the biggest advisory shops posting their annual figures, we thought it might be a good time to...
...Calpine’s management could be characterised as skilled optimists. The company has been through difficult patches before, and last emerged from bankruptcy in 2008....
...But as the Bloomberg story notes, LPs of both firms are left to wonder how conflicts will be managed....
...The Texas-based company has been exploring a sale with advisers at Centerview Partners and Rothschild, these people said....
...Mr Bonderman, the co-founder of Texas Pacific Group, a buyout firm with $50bn under management, told his audience that you could always rely on Japanese investors to pay more for an asset than it was worth...
...ENPC School of International Management now offers two specialised courses alongside its traditional MBA: the MBA in Technology and Entrepreneurship and the MBA in Enterprise Risk Management....
...And to competition lawyers just about everywhere to get involved… Further to the recent movement in BAE Systems’ share price, BAE Systems plc (BAE Systems) and EADS N.V....
...just raised $1.15bn for its fifth fund, Baring Vostok Private Equity V LP, and another $350m in a co-investment fund....
...Texas-based Vista has agreed to pay 350p a share – a 6 per cent premium to Misys’s closing share price of 329½p on Friday....
...“We have come to know and respect Ares Management and CPPIB through this process and we believe they will be excellent partners and help us achieve our long term goals as a company,” Eric Schiffer, chief...
...People close to the situation said V.Ships’ top management would re-invest into the company alongside Omers....
...The familiarity allows them to describe the massive KKR, now a publicly listed company with almost 900 employees and $60bn under management, as a “family-run firm”....
...The refiners operate in the US mid-continent region where the benchmark West Texas Intermediate crude now sells at an extreme discount to other crude streams....
...Last year, Apax Partners in the UK agreed a similar deal to TPG’s by selling a 10 per cent stake in its management company to three sovereign wealth funds – Singapore’s GIC, Australia’s Future Fund and China...
...Saxo Bank had assets under management of DKr32.36bn ($6.2bn) at the end of the first half of 2011, when it reported a 37 per cent drop in net profits to DKr346m....
...“Suddenly they have two masters: the public market and their limited partners.”...
...After a short stint at the helm of Chesterton, she went plural with roles including the chairmanship of Inventa Partners and a seat on the Olympic Delivery Authority board....
...Other losses were made on investments in Texas financier Allen Stanford’s alleged Ponzi scheme in 2009....
...The new venture could present itself as a partner to take over assets from Ireland’s National Asset Management Agency, the bad bank set up to purge the Irish banking sector of €81bn of bad loans left over...
...He said credit markets had come back sharply in a V-shaped recovery....
...It has done some of the biggest LBOs, including the record $48bn takeover of Texas power company TXU and the £11bn ($17bn) buy-out of UK pharmacy chain Alliance Boots....
...KPE would own no interest in KKR’s managing partner, a separate affiliate, which will continue to manage the merged group’s business and affairs....
...: WinWin Capital Partners LP, and Bluejay Investment LLC (d/b/a Vintage International Investment LLC)....
...Huntsman is still seeking damages of more than $3bn in Texas against Apollo and its partners....
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