Hints and tips:
...Other private equity deals in the agency world included Silver Lake’s investment in Ari Emanuel’s William Morris in 2012 and EQT’s investment in United Talent Agency last year....
...Such private investments in public equity — or PIPE — deals are relatively common in the US, offering private equity houses a downside-protected route into a company’s share capital....
...Private equity houses that do take companies back into private ownership can try to build the businesses or carve them up to increase their value....
...The group’s shareholders should gear up for a fight with Silver Lake and Emanuel, Lex argues....
...News round-up Credit Suisse finds ‘material weaknesses’ in financial reporting controls (FT) Vivendi in talks to sell 100% of publishing house Editis (FT) Charles Schwab feels heat after SVB collapse...
...Reproductions of pamphlets by journeymen protesters the Levellers and Ranters line the walls; their texts blare from a miniature model city — church, tavern, Banqueting House with the scaffold where Charles...
...Behind the bracingly mercantile dock front, all shipping containers and monumental cargo vessels, its downtown pavements are crammed with dim, noisy taverns of varying authenticity....
...The most frequent route from Belgrave to Emerald Lake passes over Trestle Bridge and through the forest and rests at a park where there is a children’s paddling pool and pedalos, as well as a newly built...
...US private equity group Silver Lake owns a 14 per cent stake....
...The pair built Raine, whose name is a composite of their surnames and a play on the word “rain”, into an advisory house that trades on the strength of its ideas rather than the ability of another division...
...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 . . ....
...During the various lockdowns, I missed the austere pleasure of summoning up books from the archives and taking notes quietly in pencil (per the house rules)....
...There are echoes of Garrison Keillor’s whimsical Midwest settlement Lake Wobegon to Seethaler’s rural town....
...Further south, past orchards pendulous with fat apples, the hills were threaded with vines below and whisked into forbidding plateaux higher up, pinning Lake Caldaro, a sparkling mini Garda, into place....
...The deal catapults MS’s investment management house into the trillion-dollar club....
...He made similar points in written evidence submitted to the court last week as part of Dakota Access LLC’s argument to keep the pipeline open....
...It follows similar moves by Swire and Jardine Matheson, two British colonial-era trading houses. More here. Welcome to the Due Diligence briefing from the Financial Times....
...Since Leon Black co-founded the group in 1990 from the ashes of junk bond house Drexel Burnham, Apollo has consistently taken opportunistic positions in distressed debt, trying to profit by trading in loans...
...Go deeper on the club whose parent company is part-owned by Silver Lake with our FT Scoreboard briefing later this week. Sign up to receive it here....
...Silver Lake declined to comment....
...I wheeled my bike around deserted squares, eccentric, tilted quadrilaterals girdled with church towers, palm trees and shuttered taverns....
...The sleek Century City offices that house Hollywood’s most powerful talent agencies seem a world away from the bleak streets that inspired The Wire, a turn-of-the-millennium television serial that portrayed...
...The structures, some by Thomas Heatherwick’s studio and Snøhetta, an architectural practice based in Norway, were imagined towering over the shoreline of Lake Ontario....
...As they show, Mr Dell and his private equity partners at Silver Lake have created a $100bn juggernaut....
...Chinese real estate conglomerate Dalian Wanda is sweeping up the popcorn and turning on the house lights....
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