Hints and tips:
...There will also be an undisclosed amount of debt financing provided by a group of private lenders including Blackstone Credit, HPS Investment Partners and Blue Owl Capital....
...They’ll possibly need common equity or a more bespoke piece that a firm such as HPS can offer.”...
...The push will also put Oaktree more squarely in competition with large private credit investors such as Apollo Global Management, Sixth Street Partners, HPS Investment Partners and Blackstone....
...There was strong demand for the Cotiviti loan, the people briefed on the transaction said, with groups including HPS Investment jostling for a piece of the action alongside Apollo, Ares and Blackstone....
...Ardonagh is owned by Madison Dearborn and HPS Investment Partners....
...Asset managers such as Blue Owl, Sixth Street and HPS Investment Management have been competing with banks to lend to larger and larger businesses....
...now compete with a specialised group of private NAV lenders like 17 Capital and Whitehorse Liquidity Solutions, in addition to new entrants to the marketplace like private lenders Apollo Global, Ares and HPS...
...“A period of accelerated marketing activity will now follow, with a view to locating potential interested parties to either refinance the company’s existing debt, or alternatively locate a purchaser for...
...I think of Cadbury or HP sauce, these are items that are universally loved because of their Britishness.”...
...Some of those fund managers, including Carlyle and HPS Investment Partners, purchased the new Citrix debt sold this week, enticed by the high returns on offer, people briefed on the matter said....
...Multi-manager funds’ performance and their ability to locate traders in low-tax locations such as Dubai are among factors that mean they “are now seen as a less risky, more lucrative and more flexible working...
...HP’s successor claims the value was fraudulently inflated. Lynch has no management role at Darktrace....
...While holders of $400mn of the loan quickly returned the money to Citigroup, funds including Brigade Capital Management and HPS Investment Partners refused to send the cash back....
...The company’s Cloud division came under fire last year when a Greenpeace report revealed that it was providing oil and gas companies with custom artificial intelligence tools to help them locate and extract...
...He knew many tech industry pioneers, including HP’s founders Bill Hewlett and David Packard and Intel co-founder Gordon Moore....
...Salesforce.com, VMware, Dell and HP Inc also report....
...“A lot of our customers co-locate a team here to work on a project then move people here permanently.”...
...As you can see from the photo, it looks a lot like HP’s Instant Ink printer service, right down to the cartridges....
...And other big funds, including the $9bn private credit fund recently secured by the investment group HPS, are at work to write big cheques to medium and large-sized companies....
...They join the likes of HPS, which recently closed a $9bn fund, and Apollo, which launched a $12bn direct lending business backed by Mubadala earlier this year....
...Meanwhile, European fintechs have faced a rollercoaster since German payment group Wirecard announced it was unable to locate $2bn worth of cash....
...Xerox ended a hostile takeover bid of rival US printer maker HP, arguing that the macroeconomic and market turmoil caused by Covid-19 made it impossible to pursue the acquisition....
...Reuters) BoE dividend pressure reignites HSBC domicile debate (FT) Buybacks are no longer enough to win investors’ approval (FT) Auto Trader to raise £200m in share sale after waiving ad fees (FT) Xerox/HP...
...HP looks beyond Xerox deal Who can he be thinking about?...
...Xerox said it would take its proposal for a $33bn takeover of HP directly to the personal computer maker’s shareholders, Nasdaq’s listings business is on course to eclipse that of bitter rival the New York...
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