Hints and tips:
...The number of big specialist insurers listed in London has dwindled with the acquisitions of groups such as Catlin, Amlin and Novae over the past decade....
...The holding company owned by French billionaire François Pinault and his children will end up holding a 56 per cent stake, the documents show....
...General Atlantic, best known for backing TikTok parent company ByteDance, and Paris-based Carmignac have bought minority holdings in Clipway, a firm set up by former Ardian senior investor Vincent Gombault...
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...In 2012, Bill Ackman convinced 3G Capital to merge with Justice Holdings, a UK special purpose acquisition company, sponsored by the hedge fund manager, Martin Franklin and Nicolas Berggruen....
...With Labour holding a big lead in opinion polls over the Conservatives ahead of the general election expected later this year, any change of view by the main opposition party could be problematic for the...
...His investment vehicle was ultimately paid $578mn for part of its equity holdings in WeWork....
...GIC disposed of its roughly $300mn holding at a discount, leaving the Singaporean fund with a loss on its investment, according to people familiar with the matter....
...One thing to start: The private equity industry is facing a “shakeout” that could result in painful losses for investors who piled into the sector without properly understanding the risks of holding illiquid...
...The growing gap between Endeavor and the value of its assets was made even clearer following the acquisition of talent agency rival CAA by Artémis, the family holding company of French billionaire François-Henri...
...Law firm Quinn Emanuel Urquhart & Sullivan, which has filed complaints in the Swiss court on behalf of 1,000 investors with more than $6bn of AT1 holdings, could take the unusual step of filing a lawsuit...
...VinFast listed via a special purpose acquisition company — a so-called blank cheque vehicle, which raises funds and then looks for something to buy....
...Vista, Carlyle Group, SoftBank and European software investor HG Capital have turned to NAV loans to pay out dividends to the sovereign wealth funds and pensions that invest in their funds, or to finance acquisitions...
...The Pinault family’s holding company Artémis, whose other holdings include a controlling stake in luxury group Kering and auction house Christie’s, plans to use $2.8bn in equity and $425mn in debt to buy...
...The transaction is a new chapter for the Pinault family’s holdings, which have largely focused on the luxury industry in the past decade....
...The pair have bought minority holdings in Clipway, a firm set up by former Ardian senior investor Vincent Gombault....
...Investors clamoured for junk bonds and loans backing private equity groups’ acquisitions of financial technology company Worldpay and healthcare company Syneos Health....
...A $1bn of Athene’s own equity stands up the acquisition and writing of $12bn of annuities....
...Some are holding out hope that public markets will rebound, opening the door to a much wider pool of buyers of high-yield bonds and leveraged loans....
...Since SVB’s collapse and the bankruptcy of its holding company, rival firms have been seeking to recruit the California institution’s top employees....
...Dealmaking deterrents Japan’s problematic equity “cross-holdings” could hypothetically broker a $20bn takeover “for free”, the FT’s Leo Lewis explains. But the country is only ripe for M&A in theory....
...Tiger’s largest private holdings as of mid-2022 were ByteDance, Shein, Stripe, Razorpay and Flipkart, according to documents seen by the Financial Times....
...Giphy meets its ‘boomer’ fate In addition to holding the rights to this widely recognised meme, Shutterstock has now picked up a whole trove of lowbrow internet humour....
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