Hints and tips:
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...The group spoke to current chief executive Seth Siegel on Tuesday “to outline the serious concerns we have heard from you regarding the payment of our retirement benefit”, according to the email, which added...
...The cash from New Mountain, together with some debt financing, will be used to return capital to current partners, buy out retirement obligations to former partners and build a war chest for investment,...
...The money will predominantly be used to buy out retirement obligations to former partners and return capital to its 600 current partners, as well as to recapitalise the balance sheet and build a war chest...
...Amazon founder Bezos sold 50mn shares worth $8.5bn in the ecommerce group in February....
...Private equity groups have taken a greater interest in the sector in recent years as consolidation has gathered pace....
...AIG has undergone significant change during his tenure, with moves including last year’s initial public offering of its life insurance and retirement business, Corebridge....
...The deal follows Deloitte’s £220mn sale of its UK restructuring and insolvency practice to US professional services group Teneo in 2021....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...In a board meeting last month, an executive at the $105bn Ohio Public Employees Retirement System said the generous return on private credit may shrink as competition intensifies....
...It built a large shareholding in 2017 by buying blocks of shares from Abu Dhabi Investment Authority and the California Public Employees’ Retirement System, sources have previously told the Financial Times...
...Striking out Nicole Musicco’s abrupt exit from the California Public Employees’ Retirement System followed a big push by the former investment chief into sports deals, Bloomberg reports....
...In the last year Digital Currency Group’s Tradeblock closed while the lending unit of Genesis, another prime broker, filed for bankruptcy....
...Anglo American has appointed John Heasley, former CFO of The Weir Group, as finance director following the retirement of his predecessor Stephen Pearce....
...bet on London with start-up venture (FT) Billionaire donors cool on Ron DeSantis over rightwing policies (FT) Julius Baer/Credit Suisse: wealth manager is unclear fallout shelter (Lex) Chevron waives retirement...
...While the S&P 500 index tracks the biggest listed American companies, Apollo’s AAA is to be backed by nearly 200 investments made by Apollo’s retirement annuities merchant, Athene....
...Apollo’s comments came after the group reported third-quarter earnings results that exceeded analysts’ estimates....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...Peloton offered Barry McCarthy a package it valued at $168mn to woo the former finance chief of Netflix and Spotify out of retirement and become its new chief executive, the FT’s Patrick McGee reports, a...
...Larry Fink The most obvious member of this group....
...These investors include Abu Dhabi’s Mubadala Capital, Oregon’s public employee retirement system, Alaska’s $81bn permanent fund, two Yorkshire local government pension schemes and the pension fund of Centrica...
...Lawyers arrived in groups, trading gossip in hushed murmurs, occasionally breaking into laughter....
...Apollo is funnelling cash towards HarbourView through its credit arm, which includes Athene, the retirement annuity group with which it merged last year....
...Australian pensioners could suffer from too much choice for their retirement investments, the country’s regulators have warned....
...The group, which has partnered with Mike Novogratz’s Galaxy Digital to launch a suite of crypto products, will still push ahead with plans for an ETF that holds digital tokens, rather than futures that track...
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