Hints and tips:
Apollo and Blackstone among those poised to provide $5.5bn of debt to buyout group for purchase of 50% stake in Cotiviti
Credit investor is latest private lender aiming to fill void left by Wall Street banks
...Ultimately, if its LPs are satisfied there may be no need to worry about the notions of anyone else, including federal judges....
About $10bn of loans have been refinanced in public markets as conditions improve due to rate cuts being on the horizon
Accounting firms, consultancies and other professional services take outside cash to fund growth
Vessel owned until recently by US private equity group Oaktree Capital is latest to be hit in Gulf of Aden
Best-performing managers’ punchy bets on stock markets paid off in 2023
US buyout groups consider joining thriving market for UK corporate pension deals
Private equity firm rebuts short seller’s warning about ‘a lot of rot in its book’
Blue-chip companies bypass banks and bond markets to borrow from industry with $1.4tn war chest
Warburg Pincus and Centerbridge to invest $400mn in newly issued equity
BDT & MSD Partners’ investment values company at about €6.5bn and provides exit for private equity backer BC Partners
Apollo, Blackstone and KKR among private capital groups eyeing $74bn portfolio
...Greg Norman, the LIV chief known as “the shark” in his playing days, wasn’t invited but has made it clear that his series’ players would celebrate together if one of them wins at Augusta this weekend....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
Another big indy research outfit throws in the towel
Plus, the shifting balance of power in private equity and Elon Musk sells more stock despite saying he wouldn’t
Plus, the $168mn motivating Peloton’s new chief and investors try not to get too excited about Mobileye’s successful listing
Citadel and Point72 among firms betting against companies including Abrdn and Ashmore
Tiger Global; Warhammer; Molly White; Sheryl Sandberg; fixed income frats; and Norway FTW
The industry was founded by mercenary dealmakers who bludgeoned opponents. But firms now nurture complex relationships with their competitors
Plus KKR has learnt to share its spoils and Thoma Bravo gets a deal recut
Plus, Robinhood plans to step into the UK crypto scene and US law firms get into a new kind of promotion
Morgan Stanley, Neuberger Berman, SEI and Matthews Asia have launched or are poised to debut products
Debt placements total more than $9bn for firms including Vista and Warburg Pincus
International Edition