Hints and tips:
...The dispute casts a spotlight on a series of hasty governance reforms aimed at improving Apollo’s public image amid a fundraising crisis caused by Black’s messy departure in March 2021....
...Apollo’s accounts receivable department never knowingly, or as a matter of practice, improperly billed any Apollo-managed funds for expenses that should have been accounted for as management company expenses...
...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...Apollo told him: “Apollo’s accounts receivable department never knowingly, or as a matter of practice, improperly billed any Apollo-managed funds for expenses that should have been accounted for as management...
...That’s more than $1tn of notional short exposure to Treasury futures for hedge funds, with the mirror image being a very long asset management industry....
...About 75 per cent of Apollo’s assets under management are in private credit....
...Most aren’t fraudulent but they give off bad vibes, conjuring up images of dodgy companies bypassing the national regulator to list on the stock exchange....
...The sums are listed as “receivables from the manager”....
...In those transactions, a pool of assets — such as mortgages, credit card receivables or auto loans — are packaged together, with the interest payments funding new slices of debt that are sold on to investors...
...to acquire Getty Images Holding, Inc....
...It should not be confused with Trillium Asset Management, a fund manager with $6bn in assets under management, or other businesses with similar names....
...Briger characterised the deal as a “management buyout”....
...We also used the two responses to generate relevant imagery, using text-to-image AI software Midjourney....
...Distressing as it is to sack entire teams — and however counter it is to companies’ public image and management style — there are good reasons why mass lay-offs have to be swift....
...Some of the most recent, from this past week, include software group Okta, which laid off 300 employees, data analysis company Splunk, with 325, and image-sharing social network Pinterest, which said 150...
...— In 2022, Fintech Holdings Ltd. acquired a troubled Puerto Rico bank, renaming it Hamilton International Reserve Bank LLC (“HIRB”)....
...Bluesky looks much like Twitter — users can post short messages and images, and build up followings....
...to the end of the company life of SVF2 LLC....
...Whichever way, revenue is booked as receivables and squared off against payables, but no money ever has to change hands....
...It must boost valuations and shake its dinosaur image, or risk extinction, Lex writes....
...It’s like a microwave meal sort of set of instructions - so you go to image search, click on the third row, find the image, click on it, and then what they do is they paste the link of the image in the proof...
...“Howard Marks has this cuddly image,” said one rival, “but they do some pretty medieval stuff”....
...It solves the problem through biometrics: the Orb captures an image of a person’s eyes, which is converted into a short numeric code, making it possible to check whether the person has signed up already....
...But DD can’t recall a time when their dealmaking has been quite so mirror image. Investors usually care about one thing above all: maximising returns....
...Regulators are also scrutinising the insurance that the lender has said is in place for its receivables....
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