Hints and tips:
...KKR has chosen to start off by shifting slices of existing deals, that were warehoused on its balance sheet, into K-Prime....
...More than half a century after the heyday of LPs, EPs and singles, vinyl has gone through a renaissance as fans gobble them up as collectibles....
...When Forlano replied that “Rigatoni” — a nickname for Viggiano — “literally works for” Blackstone, Bleckley responded “F[**]k u should’ve told me f[**]k the feds.”...
Plus, a little-known private equity group takes on Sanjeev Gupta, and the lavish lifestyle of Evergrande’s boss comes under scrutiny
...Henry Kravis and George Roberts — who have presided over nearly 50 years of corporate raiding as the second K and the R of the private equity firm KKR — are stepping down as co-heads of the firm....
...Even before Covid, the neighbourhoods surrounding the White House and “K Street” often seemed to me an extension of office space into the outdoors....
...Analysis of Blackstone’s Form 10-K stock market filing for 2019 shows its buyout business made a profit margin of 45 per cent on $1.1bn of fixed revenues before any profit share....
...Take, for instance, the latest Form 10-K issued by Apollo, one of the world’s largest buyout groups....
...He joins from K & L Gates. Arnold & Porter recruited Maja Zerjal Fink as a partner in the law firm’s bankruptcy and restructuring practice in New York. She joins from Proskauer Rose....
...Law firm K&L Gates hired Patrick Richards as a partner in its IP procurement and portfolio management practice. He joins from Richards Patent Law, the IP practice he founded in 2009....
...K&L Gates has hired a team of seven led by Georg Bernsau to its restructuring and insolvency practice in Frankfurt from Bernsau Brockdorff & Partner, where Bernsau was a name partner....
...K&L Gates has hired Kasey Lekander as a partner in its asset management and investment funds practice. She joins from Choate, Hall & Stewart....
...Both join from K & L Gates....
...Randy Clark joined K&L Gates from Moore & Van Allen as a Charlotte-based partner in the firm’s tax practice....
...The interview capped an uncomfortable weekend for the president, which saw the Manhattan US attorney fired and reports that fans of Korean pop music, or K-pop, had “trolled” his presidential re-election...
...The K and the R of KKR clearly had their differences over Brexit, with Roberts optimistic that a hard Brexit and a weakened sterling would create opportunities for PE....
...“In the past, we struggled to sell The Go-Between [LP Hartley, 1953] but recently they all want it, especially in Europe.”...
...Newell cited a new and notable risk factor in its latest 10-K, which was highlighted in a recent note by Alexander Diaz-Matos, an analyst with independent credit research firm Covenant Review....
...Further Reading: Signet Jewelers 8-K...
...Fannie and Freddie share chunks of the risks they take on with the private sector: in a typical Freddie Mac rental transaction, for instance, known as a “K-Deal”, private investors would have to pick up...
...Panmure Gordon: Under the Axe Before Easter, Patric “no k” Johnson was ousted as the boss of blue-blooded broker Panmure Gordon....
...The move comes after Potash failed to acquire Germany’s K+S last year and as the Canadian company has been seeking to consolidate amid falling commodity and equity prices, writes US M&A correspondent James...
...If Trent Reznor [of Nine Inch Nails] says ‘Get the f**k out of my way,’ you get the f**k out of his way. Dr Dre said: ‘If you send one of your guys up to my studio they’re not going to make it out....
...Ahead of this afternoon’s policy decision from the Reserve Bank of Australia, the yield (which move inversely to price) on the 10-year Australian bond (a.k.a the George Lazenby) fell as much as 4.3 basis...
...This from the Linked 10-k: The Company capitalizes certain costs to develop its website, mobile applications, and internal-use software when planning stage efforts are successfully completed, management...
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