Hints and tips:
...“We really see real estate bottoming from a valuation standpoint,” Gray told the Financial Times last month....
...His comments came as Blackstone posted mixed fourth-quarter earnings that reflect the fragile state of financial markets, particularly in leveraged private investments where the New York-based group is a...
...The decision comes months after Carlyle recorded a $1.2bn investment loss and said it was withdrawing all earlier financial guidance, citing the fallout from the coronavirus pandemic....
...A year ago, when US private equity group Carlyle began its search for investors in its fourth Japan fund, demand was buoyant....
...From a financial perspective, United’s sporting travails in recent years are baffling....
...Given their financial strength, the safe havens remain Berkeley Group and Persimmon. 3:45pm GMT - Jefferies had a note on Wednesday about “recession proof” tobacco stocks, the gist of which is: We see...
...French payments group Ingenico named Michel-Alain Proch as its chief financial officer effective immediately. He joins from rival Atos, where he was group chief digital officer....
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...Eh voila, here comes Blackstone’s largest leveraged buyout since the financial crisis....
...were fined or jailed for the 2008 financial crisis....
...“We have entered into [memorandums of understanding] with various commercial banks to the tune of around Rs100bn,” said V Rama Manohara Rao, APCRDA special commissioner....
...Elliott v Arconic: Round 2 The nastiest proxy fight of the season concluded on Monday. Or did it?...
...manager TCW Group....
...Blackstone’s fund, Europe Real Estate Investors V, will target the same returns as its previous one launched in 2014 — a 20 per cent gross internal rate of return, or 15 per cent net of fees....
...We’d like to see what focus group got that one over the line....
...After all, it’s the structure of the economy that really counts, and it’s v much the structure that is necessitating certain levels of growth....
...“If the children of a group’s founder are to take over that group,” Lee Kun-hee once said in a rare interview, “they need the endorsement of society.”...
...“Everything regarding the pipeline is secret, even the direction the oil is flowing,” says Leehee Goldenberg, a lawyer with Adam Teva v’Din, an environmental group that has brought a suit over the spill....
...TPG’s fundraising comes as the group is in the early stages of management change....
...Blackstone and TPG are buying Kensington and a portfolio of other mortgages from Investec, the Anglo-South African financial services group, for £180m in cash, it was announced on Tuesday....
...Herbalife said: The company has been aggressively defending itself against the plaintiffs’ allegations set forth in Bostick v. Herbalife ever since the lawsuit was filed in 2013....
...Mr Higginson, who was a main board director of rival Tesco for 15 years, has held executive positions at string of retail and consumer groups including Burton Group, Guinness Brewing and Laura Ashley (Financial...
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...But at the end of the first quarter of this year, TPG Asia V fund, which put most of its money to work from 2009 to 2012, had a return of 2 per cent....
...Competitors watched TPG bid a peak price for Aleris and then saw its order book collapse in the wake of the financial crisis....
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