Hints and tips:
...Big lenders such as Barclays and Bank of America have been stuck holding loans that they initially intended to sell....
...O’Leary shows a dedication to the craft that once again makes him Alphaville’s 2023 Swear Master. . . ....
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...Papa Johns announced that former basketball player Shaquille O’Neal will not stand for re-election to the company’s board of directors....
...investment officer of US-based Muddy Waters, Carson Block, told the Sohn investment conference in London that there was “a lot of rot in its book”, and that many of the borrowers whose loans make up the trust’s holdings...
...One hand rests on her lap, and the other hand rests on her forehead, as if holding up her bent head....
...MainFT says the sale to CVC and Haveli Investments is worth “about £910mn”, marking a substantial increase in the valuation of Jagex — which Carlyle bought from Macarthur Fortune Holding for (just) £502mn...
...Is the y-o-10y comparison flattering? We’re not sure, but in our short-term focused business culture, at least they’re comfortable talking about the future....
...The insurance units are required by state regulators to invest the vast majority of their holdings in investment-grade rated debt, to safeguard policyholders....
...He joins from O’Melveny & Myers. Law firm Simpson Thacher & Bartlett has named 32 new partners.* Law firm White & Case has named 42 new partners....
...Elliott Management’s head of investment stewardship Christine O’Brien is leaving the firm, Reuters reports. Barclays has lost three senior investment bankers to Jefferies Group, per Bloomberg....
Another big indy research outfit throws in the towel
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...Wags enjoy poking fun at people who spend money on vinyl LPs and the equipment that plays them....
...Law firm Cooley has hired Kathy O’Neill, former senior director of investigations and litigation at the US Department of Justice’s antitrust division, as an antitrust partner in Washington, DC....
...Instead it was overseen by Michael O’Brien....
...Investment banks, hamstrung by new regulations like the 2010 Dodd Frank Act, were curtailed from holding risky assets such as low-rated debts, which has limited their ability to finance many deals....
...Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . . Exponent Founders Capital I, LP . . . SH Fund, LP . . . Curated [chef recommends] . . . Race Capital II, LP . . ....
...Patrick Drahi and BT’s game of telephone For the past six months, billionaire Patrick Drahi has kept investors and the UK government guessing as to what his next move was with regard to his holding in the...
...Anchorage was founded in 2003 and is perhaps best known for owning MGM Holdings, which it sold last year to Amazon for $8.45bn including debt....
Corporate credit has been largely untouched by computer-driven trading, but some investors are trying to change that
...Costley-Wood, who retired from KPMG in June, was fined £500,000, severely reprimanded and excluded from holding an insolvency licence or being a member of the Institute of Chartered Accountants in England...
...But holding on to this approach in the post-pandemic world is risky. As more people work from home permanently, it crystallises the fact that some are paid differently for the same work....
...The deal would leave Parker with a 48.3 per cent share, about 2 per cent lower than his current holding, with the remainder held by partners, his co-founders and BDT, one of the people involved said....
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