Hints and tips:
...and petcare for JAB, which manages more than $50bn in capital....
...In a recent letter to investors, Smith noted that the new flagship fund is on track to be the “largest pool of capital” it has ever raised. Its previous flagship fund raised $16bn in 2018....
...US-based Haveli Investments, set up in 2021 by Brian Sheth, formerly of Vista Equity Partners, partnered with CVC in the agreement to buy Cambridge-based Jagex, which is best known for the long-running RuneScape...
...The collapse of FTX, once valued at $32bn, has left venture capital firms including Sequoia Capital nursing big losses, along with potentially more than 1mn creditors....
...What we spotted Every capital has a café or restaurant frequented by the country’s most powerful people. In Nassau, that’s Café Matisse, and it proved to be worth a visit during my stay....
...Mars offers a taste of its secret formula Mars once had a record of secrecy that earned its Virginia headquarters the nickname “the Kremlin”. That reputation has been changing....
...We are really an evergreen investor with a significant amount of permanent capital.”...
...This is the passion project of Manuela Wirth, co-director with her husband Iwan and Marc Payot, says the gallery’s education director, Debbie Hillyerd, when we meet in a café in Menorca’s capital, Mahon....
...They include Berry Street Capital Management, Maven Investment Partners, Syquant Capital and TIG Advisors....
...Shortly before the departure of Nasard in April, Kantar announced the acquisition of Numerator, a Chicago-based market intelligence company, from Vista Equity Partners....
...In doing so it follows in the footsteps of General Atlantic, Vista Equity Partners and Silver Lake, which all invested at a $65bn valuation....
...Kashyap previously led Microsoft’s corporate venture capital arm, M12....
...The best of DD’s private capital coverage in 2020 In the halcyon days of February 2020, private equity was having fun....
...Group, Blackstone, Siris Capital, Moelis and Centerview Partners....
...The moves are intended to galvanise an overhaul effort announced only in February last year to redeploy more than $100bn of capital to Asia and slash 35,000 jobs....
...Change Capital Partners who was previously chairman at Carrefour and Marks and Spencer....
...One scoop to start: Mukesh Ambani has sold a stake in his Indian digital services group Reliance Jio for a third time in three weeks, agreeing to a $1.5bn deal with US buyout group Vista Equity Partners....
...The majority of the money to finance the NVA deal will come from the JAB Consumer Fund, which brings together capital from university endowments, rich families and sovereign wealth funds....
...And 5G gaming is now opening up a whole new vista....
...(WSJ) News round-up CBS, Viacom in final stages of deal talks (WSJ) Osram shares jump 10% after €4.3bn bid from AMS (FT + Lex) BC Partners buys 50% stake in Advanced from Vista Equity (FT) Burford Capital...
...JAB will be investing equity capital from its consumer fund, which brings together capital from university endowments, rich families and sovereign wealth funds, as well as directly from the JAB Holding Company...
...One in particular — the US hedge fund Cat Rock Capital — had started grumbling over stomach rumblings some months ago....
...A unit of money manager Neuberger Berman, it has recently bought stakes in Silver Lake, Vista and others who either lack scale or the desire to be listed....
...A $900 million bet on Solium Capital could give the bank access to the next generation of tech millionaires....
...JAB has long cast itself as a better manager and steward of capital than its big consumer packaged goods rivals....
International Edition