Hints and tips:
...“I’m very concerned about the exodus of companies,” said one longtime Chicago business and civic leader....
...Which is why I’m sceptical much change happens....
...I’m not talking about real dollars, meaning dollars adjusted for inflation....
...“Banks are nervous to underwrite single-B credit with M&A timelines which could be six months of holding the risk,” said Lauren Basmadjian, co-head of liquid credit at Carlyle....
...This sum had risen sharply from C$1.12mn at the end of 2021 and represented 2.4 per cent of the funds’ combined assets of $107.5bn. The sums are listed as “receivables from the manager”....
...“I’m just riffin’ so I can impress Ken Griffin,’” he told the crowd of some 10,000 people, according to people who attended, and, “If my band ever goes under, maybe I’ll become a hedge funder.”...
...Its founder, Paul Singer, was caricatured on Samsung C&T’s website as a bespectacled vulture....
...Users start with 500 “Mana”, an on-platform currency that can be redeemed as a charitable donation at M$100 per $1....
...“If you’re going to tell me that by regulatory fiat one of my major items of expense disappears, I’m OK with that,” said Griffin in October, referring to payment for order flow....
...I’m going to be a winner in that scenario,” he said....
...It’s the proliferation of them that I’m worried about.”...
...“And I’m not going to say that Robinhood did everything perfect and that we haven’t made mistakes in the past....
...Michael Russell has rejoined Wilson Sonsini from Goodwin Procter as a corporate partner, and will co-lead the firm’s M&A practice with longtime partner Robert Ishii....
...Sidley Austin has hired Parthiv Rishi as a partner in its global M&A and private equity practice in Singapore. Rishi joins from Linklaters....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Well it’s basically one that has fewer restrictions on buying the lowest-rated triple-C grade debt....
...Victoria Rosamond has rejoined White & Case’s New York office as a partner in its M&A practice. She was previously at Katten Muchin Rosenman....
...He previously led the middle market consumer and retail M&A effort at Wells Fargo Securities....
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
...time, it has ensnared employees of high-profile boutiques, including Moelis & Company and Centerview Partners, where Pops and Popsy worked respectively, that promote their absolute discretion to attract M&...
...WeWork prepared for the manoeuvre last month by changing from a corporation to a limited liability company, called the We Company MC LLC....
...In the case of the single B sector, the absence of EM&M entails a tightening of 50bp since triple C and single B traded at their narrowest spread in late-April....
...I’m a business guy. I’m boring. I’m a dad. I don’t really want to do this for the rest of my life,” he said....
...Mr Grubman was perplexed: I'm trying to understand why that would appear to be an unreasonable request in light of your comments about daily controls of all your credits....
...• Margaret Ammon, above, has moved to M&G, the £351bn London-based investment manager, as chief risk officer. Ms Ammon joined from Colonial First State....
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