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...Other recent partner-level exits include Solomon’s longtime lieutenant, Jim Esposito, Beth Hammack, co-head of the bank’s financing group and the former head of its consumer and wealth division Stephanie...
...Its notable deals include the advertising agency Young and Rubicam in 1996 and the wealth manager LPL Financial and business advisory group AlixPartners about a decade later....
...Other investors including Singaporean sovereign wealth fund Temasek will own about 11 per cent....
...US national security officials are scrutinising an Abu Dhabi sovereign wealth fund’s planned $3bn takeover of New York-based Fortress Investment Group amid concerns in Washington over the United Arab Emirates...
...The buyer group includes the likes of Silver Lake, superagent Ari Emanuel and his sidekicks Patrick Whitesell and Mark Shapiro as well as a medley of wealth funds and other large institutional investors....
...While shares initially surged — boosting the former president’s paper wealth by billions of dollars — they have since slumped....
...It concluded that Apollo’s limited partnership agreements, with pensions and sovereign wealth groups, stated that such travel and dining expenses should be borne by Apollo, not the funds and its investors...
...The agreement is a big boost to UBS’s ambitions to significantly cut back Credit Suisse’s investment bank as it focuses on building out the combined group’s wealth management business....
...media groups....
...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...But it was his trial over the murder of his ex-wife, Nicole Brown Simpson, and her friend Ronald Goldman that drew international attention and left an indelible mark on American society....
...The investment managers that form the layer in between get their capital from insurance companies, sovereign wealth funds, pension funds and so forth....
...Among the other groups that announced investments in the state at the government-organised Global Investors Meet on Sunday were South Korean carmaker Hyundai and Indian EV and ride-hailing company Ola....
...When Silver Lake alerted investors to their cash return, it said the sale of VMware was a “defining moment” for the $100bn in assets group....
...The group paid just £5.5mn for a 70 per cent stake in Rize, acquiring the business from AssetCo, an investment firm founded by Martin Gilbert, an asset management industry veteran....
...The move would make STC, which is majority-owned by Saudi Arabia’s sovereign wealth fund, Telefónica’s largest shareholder....
...Since GIC ditched its holdings in Vista, the sovereign wealth fund has co-invested with other private equity firms in deals in which Vista also participated, a person familiar with the matter said....
...The group has recently sold large software companies such as Cvent and Ping Identity, while acquiring Avalara and Citrix Systems, in two of the largest private equity takeovers in recent years....
...A logical buyer could be an alternatives group or a sovereign wealth fund. Those who know Englander well are not discounting another sleight of hand....
...UK wealth manager St James’s Place has appointed Mark FitzPatrick as CEO, replacing Andrew Croft....
...Norway’s $1.4tn sovereign wealth fund has become the biggest shareholder in UBS, a landmark antitrust trial between Google and the US government starts today, and the FT’s Mary McDougall explains why the...
...Qatar’s sovereign wealth fund is set to invest $1bn in the conglomerate’s shopping arm Reliance Retail in a deal valuing it at $100bn....
...Georg Schubiger, head of wealth management, and Christel Rendu de Lint, head of investments, will become co-CEO of the Swiss investment manager from January....
...Others include: Julian Salisbury, chief investment officer for asset and wealth management, is joining Sixth Street as co-CIO....
...The poker-faced investor first amassed his wealth scooping up energy assets at fire-sale prices in sellers’ rush to decarbonise, a fortune that has more than doubled to $10bn over the past year as the energy...
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