Hints and tips:
...Senior partners at the accounting firm BDO USA are in line for a big windfall after the arrangement of a $1.3bn debt deal with Apollo Global Management, according to people familiar with the situation....
...Two people who attended the meeting said the fund, Pershing Square USA, could raise as much as $20bn. A spokesperson for Pershing Square declined to comment....
...Private lenders including Ares Management, Oak Hill and Blue Owl stepped in to provide a $4.8bn senior private loan....
...The VCs, including General Catalyst, Greylock and Kleiner Perkins, advocated a similar strategy in their letter....
...(MgmtCo is how SoftBank describes Masa’s Delaware-incorporated MASA USA LLC vehicle.)...
...On Thursday, he left the company to become a partner at Silicon Valley venture capital firm Greylock, after a sometimes controversial tenure that included complaints from staff of an aggressive management...
...Smart reads Down and out New York hedge fund Greylock built its fortune on the debt restructurings in Argentina, Greece, Mozambique and other emerging markets....
...He says that for 15 years, half of the carried interest he was entitled to from Vista’s premiere fund was filtered through a Nevis LLC called Flash Holdings, owned via bearer shares by a Belize foundation...
...It received credit for its “extensive remedial efforts,” which included terminating the traders’ contracts, changing its senior management and making investments in trade surveillance tools, the DOJ said...
...Here’s UBS: While the review leaves several options open, "The Board believes that Ferguson's longterm listing location is in the USA"....
...The money has helped swell Apollo’s overall assets under management to $250bn, from $41bn just a decade ago — leading to a commensurate surge in management fees....
...After all, if you are a small nation that is home to the world’s best weightlifters, why try to beat the USA in the track and field events?...
...Dr Soon-Shiong was brought in as an investor by Mr Ferro in 2016 when Tronc was fending off a takeover attempt from Gannett, the publisher of USA Today....
...It also owns the Miss Universe and Miss USA beauty pageants, Global eSports Management and Professional Bull Riders....
...Before joining FS Investments, he was chief executive officer at ORIX USA Asset Management, and co-chief executive officer and chief investment officer at FrontPoint Partners....
...Tavel joins from rival west coast venture capital fund Greylock, where she was also a partner....
...Point72 Asset Management, the successor to the billionaire investor’s hedge fund SAC Capital, has bought 6.66m shares, according to a filing with the Securities and Exchange Commission....
...needed for risk management....
...After ad revenues fell 9 per cent in the fourth quarter, it revamped its entire management team....
...Jaffray Woodriff, chief executive of Quantitative Investment Management, a commodity trading adviser with $2.2bn in assets under management, called for the US regulator to follow Europe’s approach in making...
...WME, which acquired IMG in 2013, has been on another expansion drive recently, buying Global eSports Management and the company that runs the Miss Universe and Miss USA beauty pageants last year....
...Mr Koudounis, most recently president and chief executive of Mizuho Securities USA, a subsidiary of Japan’s Mizuho Financial group, replaces John Calamos, who remains as chairman and global chief investment...
...At HTG Capital Management, a Chicago-based proprietary trading firm, a former trader told investigators she observed “‘pretty obvious spoofing behaviour” in US Treasury bond futures in October 2011....
...Greg O’Connor, the company’s chief compliance officer, said in a statement: “The CFTC has oversimplified complex trading and is now trying to classify legitimate trading and risk management as a market infraction...
...Its assets under management have fallen from as much as $8bn at its peak to under $2bn as a wave of investors redeemed their money....
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