Hints and tips:
...DD’s Sujeet Indap asked Apollo what it thought of all this....
...“We intend to remain disciplined, waiting for ‘fat pitches’ to swing hard,” the New York-based hedge fund told its investors in a February letter obtained by DD’s Antoine Gara....
...DD subscribers get a special discount....
...It turns out the second model wasn’t far behind and neither was his firm....
...The battle isn’t over, though....
...STC isn’t the first Gulf telecoms power to look to the west....
...It didn’t end well for Cuban’s venture. Here you can find a few articles about that failed experiment. Hunterbrook aims to be different, according to people DD talked to....
...JPMorgan settles its Jeffrey Epstein problem, on paper Jamie Dimon now has one less headache to manage....
...The people hired to execute his vision have largely been Goldman Sachs alumni — including Paul Russo, Scott Rofey and Jeffrey Verschleiser who came on board in 2021....
...The new reporting structure is aimed at increasing investors’ understanding of KKR’s ability to reinvest its profits internally — growth that doesn’t require it to add lots more staff....
...financier Jeffrey Epstein’s reach into the world of finance and politics seems to get wider by the week....
...“Many of the things that were tailwinds for the private equity industry have come to an end . . . and I don’t think they are coming back any time soon,” chief investment officer Jeffrey Jaensubhakij told...
...“We don’t lack willingness to pay, what we lack is capacity to pay,” he warned. “And an IOU from an insolvent debtor isn’t worth anything.”...
...But it hasn’t all been plain sailing. As rising interest rates stymie buyout dealmaking and fundraising, Kirkland is facing challenges it hasn’t had to contend with before....
...Desperate times With less M&A fees to glean, bankers are getting creative to keep the cash coming in by offering more specialist advice, DD’s Sujeet Indap writes in The Lex Newsletter....
...The feud, detailed in this Big Read by DD’s Sujeet Indap and James Fontanella-Khan, isn’t the only problem weighing on the firm....
...“If I had known who Jeffrey Epstein really was, there is absolutely no doubt that I wouldn’t be in the position I am in today,” Staley said in a statement....
...But the business model they pioneered is now at risk of becoming a victim of its own success, DD’s Ortenca Aliaj and the FT’s Harriet Agnew report in this Big Read, amid a fierce talent war and rising interest...
...“If we see something large that is attractive, we can chase it, but we don’t feel pressure to do that,” Roche told DD in an interview....
...Smart reads The go-between Former Barclays chief executive Jes Staley maintained contact with Jeffrey Epstein for longer than he has disclosed, Bloomberg writes....
...In a rare interview with DD’s Antoine Gara, Durban laid out the closely followed private equity group’s mantra....
...It looked like another parable of the #MeToo era, with an appearance from Jeffrey Epstein and an NDA signed at the Four Seasons restaurant in New York....
...The law won’t affect large companies as much as buyout groups, several dealmakers and experts told the FT’s Stefania Palma and DD’s James Fontanella-Khan....
...“But don’t bet against Izzy — if it’s not working, he’ll fix it.” Millennium has also strengthened its capital base, shifting the balance of power away from investors....
International Edition