Hints and tips:
...The lack of leverage is expected to offer financial flexibility for new growth investments....
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...But, amid all of these financial gymnastics, Silver Lake and Michael Dell did not extract cash from the deal....
...“[In] financial services, the record is particularly poor, as scaling typically requires hiring a lot of people, which erodes culture and can lead to excess risk taking,” he told analysts....
...In 2013, the private equity firm helped Michael Dell take his technology company private for a bargain, then later basked in tens of billions in profits....
...“If you see us invest right now, by definition it will be a big all-in bet,” Durban told the Financial Times in a rare media interview....
...Nomura has hired Barclays’ former head of macro trading Nat Tyce as head of global markets for Europe, the Middle East and Africa, according to Financial News....
...Separately Teddy Desloge has been named chief financial officer of Blackstone’s secured lending fund among other new appointments....
...A dozen big US financial companies including BlackRock, Blackstone, KKR and T Rowe Price have warned that a backlash against sustainable investing is now a material risk, in filings that show how acrimony...
...A decade ago, Durban orchestrated the $24bn take private of Dell alongside its founder Michael Dell, launching what has become one of the buyout industry’s most successful deals....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...In the first three months of 2022, Loeb sold off chunks of big stakes in tech companies including Microsoft, Dell and fintech group Intuit....
...Or Wigdor may have convinced her she could win a public victory as well as a financial one....
...So far, the mainstream financial services industry has been spared any knock-on effects of the carnage in crypto markets....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...I’m Gideon Rachman, chief foreign affairs commentator of the Financial Times. This week’s edition is about the mid-term elections in the United States....
...Few people in the financial world have seen more than he has....
...Salesforce.com, VMware, Dell and HP Inc also report....
...The accommodation booking service recorded losses of nearly $700m on revenues of $2.5bn in the first nine months this year. More here....
...NZ Rugby is in deep financial trouble....
...Letter in response to this article: Westminster v Weymouth / From Carol Wilcox, Labour Land Campaign, Dorset, UK...
...Smart reads PE’s emergency funds The US Health and Human Services Department has handed out billions in no interest loans to hundreds of medical services companies that are backed by private equity groups...
...Founded in 1999, Silver Lake made its name by making big, bold bets on out-of-favour technology companies such as Skype and Dell....
...Ana Botín, executive chairman of Santander, the eurozone’s largest lender, told a financial services conference in March that there was a possibility the bank would see only a 5 per cent drop in earnings...
...This year, the firm tops the Financial Times ranking of the most innovative law firms in North America....
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