Hints and tips:
...A few days earlier, Ares chief executive Michael Arougheti announced that the company would “embark on a pretty significant fundraising push”....
...Billionaire Michael Dell’s investment vehicle has agreed to back two former senior Goldman Sachs executives who are launching a private credit investment firm....
...The case was brought by Michael Ketchmark, the attorney who last year won a $1.8bn verdict against the National Association of Realtors including HomeServices over commissions paid by Missouri homeowners...
...The case was brought by Michael Ketchmark, the attorney who last year won a $1.8bn verdict against the National Association of Realtors and brokers including HomeServices over commissions paid by Missouri...
...The pair were on the teams responsible for two $10bn-plus fundraisings that closed in 2008, DD’s Eric Platt reports....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...DD’s Ortenca Aliaj and Eric Platt learned that Neumann sat down with Third Point and SoftBank in October to discuss a potential deal, but there was no agreement and WeWork was largely focused on renegotiating...
...Louis, Persis Love, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...Former Federal Trade Commission chair Deborah Platt Majoras joined Brunswick’s board last year. Brunswick did not disclose how much Timms would be paid....
...For Michael Dell and Silver Lake’s Egon Durban, the stakes were arguably even greater....
...Michael Gove’s plans to cap ground rents in England and Wales risks leaving the government open to a multibillion-pound compensation claim from institutional investors, a trade body has warned....
...Basketball legend Michael Jordan has agreed a deal to sell his majority stake in the Charlotte Hornets basketball team to hedge fund billionaire Gabe Plotkin and private equity titan Rick Schnall, the Hornets...
...US luxury goods group Tapestry has agreed to buy Versace and Michael Kors-owner Capri Holdings for $8.5bn, in one of the biggest attempts to create a US rival to the European powerhouses LVMH and Kering....
...Partners at billionaire Michael Platt’s investment firm BlueCrest Capital are liable for income tax on a pay scheme dating back to 2008 after the firm largely lost a legal battle at the Court of Appeal....
...“The dynamic of private equity putting more capital into some of these capital structures, this is not the last of that,” said Michael Patterson, a governing partner of HPS Investment Partners....
...“We are seeing the banks consider new underwrites for existing issuers and conservative structures, but there are still large swaths of the market that are the domain of private credit,” said Michael Zawadzki...
...Buffett’s annual letter on Saturday laid out in no uncertain terms the challenges they will confront, my colleague Eric Platt in New York reports....
...Here is one oddity, from our colleague Eric Platt last month: Blackstone is planning to borrow hundreds of millions of dollars to give its flagship private credit fund added investment firepower, as the...
...Discover Financial Services has named TD Bank’s Michael Rhodes as chief executive....
...raising just under $400mn through a collateralised loan obligation secured by the very loans held by its $52bn Blackstone Private Credit Fund, known as BCRED, according to documents obtained by DD’s Eric Platt...
...However, Michael de Pass, head of linear rates trading at Citadel Securities, said: “What’s critical now is this real focus on the destination — a slower pace [of increases] doesn’t mean lower rates....
...On Friday, DD’s Eric Platt reported that KKR was following in their footsteps, starting conversations with lenders including Blue Owl Capital over a refinancing of its veterinary clinic and hospital chain...
...One invitation to start: Join DD’s Arash Massoudi and the FT’s Henry Mance for an exclusive conversation with Michael Lewis, bestselling author of The Big Short and Flash Boys, on the rise and fall of FTX...
...Housing secretary Michael Gove has said the “outdated feudal system” should be scrapped and indicated he wants to bring in legislation later this year....
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