Hints and tips:
Related Special Reports
...These areas are growing faster and carry higher fees than public equity and bond funds. But discrepancies in pay and culture can make integrating such acquisitions complicated....
...Strategic Sports Group, which is led by Henry’s Fenway Sports Group, is set to inject up to $3bn in the tour’s commercial business....
...Grosvenor said funds for the lending business would come from “organic growth” and “strategic sales around the periphery of the [London] estate”....
...The amount raised by private equity funds globally last year fell to a six-year low, according to S&P Global....
...Warburg Pincus recently raised more than $17bn for its latest flagship private equity fund despite a difficult market....
...This led shareholders to decide against the continuance of the fund in a vote last year, sparking a strategic review by a new board and ultimately Thursday’s agreement to sell the fund to US rival Concord...
...Concord will provide the majority of the equity financing, with a minority of equity as well as debt from asset manager Apollo....
...Recent ad hoc efforts for bank windfall taxes at the country level, such as in Italy, to raise funds for depleted government coffers do not help, for instance....
...Rising public equity market valuations and demand from credit funds to make new loans are fuelling a recovery in activity....
...Strategic buyers are also taking advantage of cheap assets....
...sell a majority stake to private equity investors....
...Get a private equity fund to finance your bid. That is the route Nasdaq-listed Viavi has chosen to go down....
...US lawmakers are intensifying efforts to prohibit funds from investing in Chinese companies, in an effort to address the strategic, commercial and national security risks Beijing poses to the US economy...
...The deal follows a strategic review by the company’s board after shareholders voted last year against the fund continuing....
...China’s “national team” of major state-backed financial services companies has ploughed Rmb410bn ($57bn) into local equities exchange traded funds so far this year, according to UBS estimates....
...The strategic rationale for EV listings was always tenuous....
...Germany’s financial regulator had been poised to block the deal on concerns over events at Eurovita and the private equity-fund ownership structure, according to people familiar with the matter....
...Private equity funds have been hit by high interest rates and choppy markets and are facing demands from their investors to return capital by selling assets....
...Here he makes the case that the stock prices in the failure of the bank’s recently announced strategic revamp: Investors value banks on price-to-book value ratios with reference to the return on equity...
...Simpson Thacher has hired Adam Risell for the firm’s investment funds practice. He previously worked at Cadwalader....
...Carlyle is raising new funds in Europe and Asia where predecessor funds have also posted net annualised returns of 10 per cent or lower, according to filings, though the funds still have a handful of years...
...The writer is a former global head of asset allocation at a fund manager Returns from equities have been so consistently and implausibly higher than government bonds over long time horizons that the phenomenon...
...BlackRock wanted to buy a majority stake in a top private equity manager, while Warburg Pincus, which manages $84bn, did not want to cede control....
...In today’s newsletter: Private equity faces a big test in Norway Bayer reveals it is ‘badly broken’ Buffett sours on Berkshire’s utilities bets Can private equity win over Norway’s sovereign wealth fund...
...Ten stories you may have missed over the break Hedge fund numbers are starting to roll in for 2024. Sir Christopher Hohn’s activist hedge fund TCI rose 32.7 per cent, well ahead of equity markets....
International Edition