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...At the centre of the potential sale is a catalogue of 62,000 songs, including hits by Lorde and The Weeknd, which the private equity group acquired for $1.1bn in October 2021....
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...Taken together, experts think the suite of measures should encourage some holiday let owners to sell up, and squeeze second-home owners who benefit from tax relief by letting their property on the side....
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...But the rise in borrowing costs depressed the value of the future cash flows music owners could expect to earn, meaning that those catalogues could no longer support as much debt as firms such as Apollo...
...BlackRock’s lead in the US exchange traded fund market is being eroded by Vanguard and smaller rivals as firms jockey for a larger slice of the $8tn industry....
...The attendees included former British prime ministers Tony Blair and John Major as well as media tycoons Rupert Murdoch and Michael Bloomberg....
...Selling Mayfair: The new owner of the Sotheby’s London real estate franchise aims to disrupt the business of selling multimillion-pound homes in the city....
...Hines, the global real estate investor has appointed John Carr as chief financial officer for Europe, succeeding David Braaten, who will retire....
...Owners are required to hold assets at “fair value” under accounting rules. Typically, private equity firms will use the valuations of comparable public companies as a guide for audits and investors....
...which are not aligned with that,” explains John Veale, deputy head of investments at multi-family office Stonehage Fleming....
...equity, macro and rates, and credit divisions....
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...As well as getting the benefit of pound cost averaging as the market rises and falls, it’s crystal clear for IHT purposes that this gift is coming from our surplus income, and thus will not be subject to...
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...“The quarterly fixed-income and equities revenue volatility of Barclays is now greater than any US or European peer,” says Citigroup analyst Andrew Coombs....
...My colleagues Dan McCrum and John Reed unpicked the paper trail to discover that two of Adani Group’s biggest “public” investors are associates of Vinod Adani, brother of the conglomerate’s founder Gautam...
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