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...Some of the 350 former partners entitled to retirement benefits from the firm reacted with anger after being told the payments would be replaced with a one-off lump sum when the deal with New Mountain Capital...
...of a majority stake to a consortium of investors led by New Mountain Capital....
...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,...
...“I don’t see how the Saudi partners will get married to the Lower Gulf business with that Abraaj litigation hanging over it,” said another former partner....
...“Partners are watching,” one senior EY figure said, “and partners don’t want this to continue.”...
...Mountain plants, especially alpines from high altitudes, like a blanket of snow in winter and showers thereafter to keep their roots damp in spring and summer....
...The rise in average partner pay to £644,000 puts Grant Thornton ahead of mid-tier rival BDO, which handed its partners an average of £609,000 last year....
...Adam and his business partner Seto sell one-of-a-kind pieces from their menswear line, all handmade in Indonesia using rare textiles and fabrics. Each piece is unique....
...Nobody has ever base-jumped from above 8,000 metres and little is known about how Howell’s wingsuit will perform at such a high altitude....
...How would you hope your partner might talk about you? It was the first thing that struck me when reading the artist known as Rotraut describing her feelings for Yves Klein....
...The guitarist’s own compositions move away from the west African style: “Koortjie” is a swift, nagging melody that Sissoko embellishes with quicksilver runs of high notes; “Moss on the Mountain” starts with...
...A few minutes after leaving metropolitan Zürich, you arrive at a place that has the look and feel, as well as the facilities, of a mountain resort....
...The micro-texts are spoken at the start of each movement and from those emerge nuggets of music, quickly developed, until the last (the songs of the mountains “from years and miles below”) finds a deep,...
...It’s a high-risk product that looks low risk, offers supposedly all-weather income unless there’s volatility or a bear market, and often comes with leverage levels that invite a total wipeout....
...Between this plain and the desert beyond are the Dahar mountains, inhabited by the Amazigh, the indigenous people of north Africa sometimes referred to as the Berbers....
...As we come to the high valley’s endpoint, beneath Lurcher’s Crag, where Aviemore comes into view, we get back into signal range and our phones ping....
...Mountain Warehouse has committed to an aggressive expansion of physical stores as it dismissed the death of the British high street and returned to profitability....
...The path bottomed out at the village of Santo Cristo, one fajã east of Belo, where a five-metre-high levee, the lip of an ancient caldera, formed a coastal lagoon....
...With debt expensive and public market valuations high, some private equity players say acquisitions of partnerships could have more upside than other deals, and they point to lucrative exits on older buyouts...
...It drew in investors including US investment group GQG Partners and asset manager Fidelity....
...In recent months, Grant Thornton agreed to sell a majority stake to New Mountain Capital and Baker Tilly received a $1bn investment led by Hellman & Friedman....
...“Instead, taxpayers are being forced to subsidise the sale of more high-carbon oil.”...
...I’ve come to andBeyond’s Phinda Mountain Lodge in eastern South Africa on a birdwatching safari....
...(Every window has a built-in seat; most have a mountain view.)...
...High up in the mountains, he observes, is the perfect place to display glass, because of the “very beautiful light”....
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