Hints and tips:
...Samii remembers his father poring over architectural plans to work out engineering failures....
...The business was then hit hard by Covid-19 lockdowns, which crushed rider numbers. But it was higher interest rates and the end of the cheap money era that delivered the fatal blast of birdshot....
...The company’s first fund plans to provide senior loans to mid-sized and large businesses....
...’s largest money manager....
...For pension plans like APG — which has almost $50bn of its $563bn assets in private equity — co-investments have been a major reason why it is so happy with the results....
...Instead, they are increasingly turning to private credit providers, who have been able to write larger loans as pension plans, endowments and sovereign wealth funds have piled into their funds....
...In February, the £8.8bn UK Royal Mail pension plan picked BlackRock to manage its money, switching from in-house management....
...This forced it to abandoned its growth plans in June and cut a fifth of its workforce — more than a thousand people....
...The Universities Superannuation Scheme, the UK’s largest pension plan, had approximately 0.5 per cent of the scheme’s £90bn portfolio, or about £450mn, connected to Russia....
...Taken private with the backing of KKR and the Canada Pension Plan Investment Board in 2019, the publisher is trying to become “the leading digital media company of the democratic world”....
...Good news for Prime Minister Boris Johnson’s sales pitch to boost post-Brexit investment: one of Canada’s largest pension fund managers has unveiled plans for a C$15bn (US$12bn) spending spree on private...
...Johnson protégé takes on Brookfield in battle of power versus money Politicians and government bodies can stymie M&A bankers’ plans in various ways....
...The bond market was on a roll, and pension plans were attracted by the pedigree of Fink and his team. Yet the company was heading towards a dramatic rupture with Blackstone....
...Japan Inc has domestic support to be more vocal on controversial issues, too....
...Toshiba’s big shareholder showdown Few stories covered by the FT’s Tokyo bureau have encapsulated quite so much about Japan Inc, corporate governance, the consequences of epic M&A failure and the changing...
...A thriving marketplace for tongue-in-cheek banker fashion — vintage banker bags (like this one) from fallen companies such as Lehman Brothers and Bear Stearns — is drawing big money from young money....
...Citi hopes to agree a deal to purchase the 25 Canada Square tower in Canary Wharf from Middle East-backed private equity group AGC Equity Partners in the next few weeks, according to a person familiar with...
...The company’s backers include Breyer Capital, led by the billionaire venture capitalist Jim Breyer, and the Canada Pension Plan Investment Board....
...The stock purchase has made Pershing one of the 50 largest holders of class B Berkshire shares, alongside the California State Teachers Retirement System pension fund and asset manager Northern Trust Global...
...BlackRock plans to combine eFront with Aladdin, the analytics platform that is the crown jewel of its “Solutions” business that caters to other asset managers and institutional investors such as pension...
...The Minnesota state pension, for example, has $650m committed to four KKR funds (including the one used to purchase Toys)....
...“A lot of big pension funds and institutional investors are still sitting on the sidelines,” said one investment banker....
...go along with sponsors’ plans....
...Say you bought 1,000 shares in Apple Inc in July 1981, when they were worth as little as 21 cents each, costing you $210....
...Separately, Ms Morgan has also demanded answers from Visa over last Friday’s system failure which left some customers across Europe unable to make purchases with their cards....
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