Hints and tips:
...While that trails returns marketed by private equity funds, it has proven attractive to pension funds and endowments after a decade of rock bottom interest rates....
...Lord Jacob Rothschild, who died earlier this week aged 87, personified both of these traits....
...Oaktree Capital is seeking to raise $10bn for a new fund that will help finance large private equity takeovers, taking advantage of a void on Wall Street as other lenders are sidelined....
...Job moves Francesco Starace, the former chief of Italy’s largest state-backed utility Enel, is joining private equity group EQT in June after being pushed out of the energy group by Giorgia Meloni’s government...
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...We noticed there were a lot of employees that worked at private technology companies and were issued equity or stock options but didn’t really know much about what their equity was worth, or what they could...
...The US Securities and Exchange Commission is seeking to compel hedge funds and private equity groups to disclose quarterly performance and fees charged to investors, as the agency pushes back against activities...
...Dittmar said this was “welcome relief” for private sponsors that had struggled to find an exit. (Justin and I reported on private equity’s struggles in the shale patch earlier this year.) 2....
...The message due to go out from the Queen’s private secretary was “London Bridge is down”: code for the death of Elizabeth II....
...Weil Gotshal has hired Trey Muldrow III as a private equity partner in New York. He joins from the law firm Akin Gump....
...Separately, the longtime adviser to billionaire investors including Mr Buffett, is seeking to raise a private equity fund as demand from wealthy families for such investments grows, people close to Mr Trott...
...Mr Spink bought the property for £65.5m in 2013 in partnership with the private equity investors Evans Randall....
...His share was 0.00001 per cent of ETK’s equity. He was also named president of the company. Mr Balapanov could not be reached for comment....
...equity firm Silver Lake in a deal that breaks a record in sports valuations....
...The US has no LVMH equivalent to patiently nurture the development of young brands, he adds — many depend on private equity firms that expect investment returns in three to four years....
...JAB insists it is not looking for the quick highs sought by private equity. 3G Capital, the group behind Kraft Heinz, had specialised in aggressive cost cutting....
...chefs is going to bed with private equity....
...In the UK, that multiple spiked to an astonishing 26 times ebitda in Jacobs Holding’s acquisition of Cognita, a private schools group, earlier this month....
...Stephen Schwarzman, the Blackstone chief executive who has gained a reputation as President Donald Trump’s favourite private equity billionaire, has long been the Da Vinci of dealmaking....
...No problem Private-equity titans are used to competing for billion-dollar buyouts. Now they are squaring off for 22-year-old spreadsheet crunchers with $300,000 offers....
...(FT) Uber v Waymo Greed, ambition and trade secrets — inside the battle for self-driving vehicle supremacy....
...The court case in question relates to the 2011 acquisition of Rural-Metro, a publicly-traded ambulance provider, by private equity firm Warburg Pincus for $438m, excluding net debt....
...Thousands already with negative equity in inner boroughs — London’s dark secret....
...“This isn’t some private equity model, defined by gunning for a sale to a conglomerate in five years,” she says....
...Given that the buyer was private equity and every nickel spent diminishes their IRR, option B was selected and so the private equity group paid $33.86/share....
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