Hints and tips:
...LPs in large venture firms, including Andreessen Horowitz, Josh Kushner’s Thrive Capital and David Sacks’ Craft Ventures, had also sold stakes in funds over the past 12 months using the secondary market,...
...Madison Marriage is the FT’s special investigations editor, Antonia Cundy is an FT special investigations reporter, and Paul Caruana Galizia is an editor and reporter with Tortoise Media Follow @FTMag on...
...DD subscribers get a special discount....
...Michelin brings with him extensive expertise in super-prime luxury projects, including, most recently, Twenty Grosvenor Square, the world’s first Four Seasons standalone residence....
...Find the full agenda and a special offer for DD subscribers here....
...Describing ambitions to build a hybrid of “MTV, ESPN and CNN” for millennials, Viceland quickly expanded into dozens of countries through a series of joint ventures....
...said the head of one Sequoia LP, a sovereign wealth fund....
...Bain Capital has hired Brookfield Asset Management’s Angelo Rufino to join its special-situations unit, Bloomberg reports....
...DD wonders if they’re saving a special bottle of Château Lafite — the family’s Bordeaux vineyard — for the closing dinner....
...Palihapitiya became the face of the boom in blank-cheque companies, partnering with British venture capitalist Ian Osborne to launch several Spacs as the market took off....
...One potential landmine for onlookers to study: though Sequoia and Paradigm are some of the biggest financial losers from FTXs implosion, the crypto firm has nearly $1.5bn in “other ventures” like large LP...
...Ares has hired Apollo Global Management veteran James Kim as a partner and head of European special opportunities, based in London....
...Klarna was among the front-runners of European fintech, luring Silicon Valley venture capitalists such as Lightspeed Venture Partners and General Catalyst across the Atlantic....
...Not long before the deal closed, Talen announced a joint venture named Nautilus....
...One scoop to start: Arm is planning to transfer shares in its unwieldy China joint venture to a SoftBank special purpose vehicle in an attempt to speed up the UK chip designer’s path to a New York flotation...
...She was previously senior vice-president and general counsel for the World Bank, and replaces David Fein, who has joined Paul, Weiss as special counsel....
...The ALPHA 7 IV is available for pre-order for £2,399....
...The Swedish private equity firm EQT is acquiring the Amsterdam-based venture capital group LSP....
...Axel Springer is already in a 50/50 joint venture with Politico for a Europe-focused version of its website....
...Renren shareholders were given what the plaintiffs described as a “Hobson’s choice”, where they could either buy into OPI or otherwise receive a special dividend payment from Renren....
...He will remain a limited partner in the venture capital firm’s future funds....
...Once the transaction is complete, which is expected in the first quarter next year, the board intends to return about £500m to shareholders in a special dividend....
...San Francisco-based Planet will merge with dMY Technology Group IV, a special purpose acquisition company listed on NYSE, raising net proceeds of $434m, after transaction expenses and paying down debt....
...Several UK start-ups have opted to list in the US through deals with special purpose acquisition companies....
...Sir Richard Branson has asked a UK court to determine whether the pandemic undermined Virgin’s standing as “a brand of international high repute” in a $250m dispute with his former partner in a US train venture...
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