Hints and tips:
...This investment vehicle aims to make the classic private equity strategy of buying companies, loading them up with debt and then turning them around, available to smaller investors....
...North American private-credit funds have on aggregate called more capital from investors than they’ve distributed for several years now....
...The company does not expect to see results from the crackdown until the end of this year....
...In aggregate, BXPE investors will be allowed to pull up to 3 per cent of the fund’s assets in any given quarter before limits kick in, less than the 5 per cent allowed by Breit....
...But the spread has now opened to $6 per share, worth more than $100mn in aggregate, leaving directors with a tougher dilemma....
...In practice, this meant investors in aggregate were allowed to pull up to 5 per cent of the fund’s assets in any given quarter before limits kicked in....
...The staff also noted analysis that found that while losses to CRE debt holders could be moderate in aggregate, some banks and the CMBS market could experience stress should prices of these properties decline...
...So we set out to try to quantify the headwind across US investment grade bonds in aggregate, and locate where this headwind might be most meaningful....
...He has been leading deep reviews of each of Carlyle’s businesses and is expected to outline his plans for the company in greater detail this year....
...The private funds generally offer the ability for investors to redeem just 2 per cent of their aggregate holdings a month, or 5 per cent a quarter....
...Quarterly repurchases are limited to 5.0% of aggregate shares outstanding (either by number of shares or aggregate NAV) as of the close of the previous calendar quarter....
...KKR paid an aggregate price of about $700mn for CHI in 2015. Its equity investment of $250mn is now worth an estimated $2.5bn....
...Austrian property magnate Cevdet Caner has been named as CEO of Aggregate Holdings in a surprise move that will also see him take a 20 per cent stake in the company linked to allegations facing German property...
...Here were the brutal terms which include a huge coupon AND a cheap conversion price (emphasis ours): “Funds advised by Antara Capital LP have agreed to purchase $200 million aggregate amount of 8.00% /...
...The Picnic Theatre Company’s bipartisan players seemed to me to spend their days running the country and their evenings running the show....
...The Refinitiv purchase price of $27bn in aggregate is a multiple of revenue and ebitda of 5.5 times and 13.5 times respectively....
...The investors sold an aggregate of 68m Trainline shares, representing about 14.1 per cent of the group’s issued share capital, to institutional investors at a price of 410p....
...At the heart of the debate is the question of what constitutes “corporate value”, a term that the Japanese government defined in its “Fair M&A guidelines” released in June as “the aggregate discounted net...
...By Wednesday, various funds managed by Trian Fund Management had built up an aggregate 5.98 per cent in the US-focused group previously known as Wolseley, making it one of the biggest shareholders....
...Refinitiv, which was carved out of Thomson Reuters by Blackstone only last year in the biggest leveraged buyout since the financial crisis, will give the LSE the Eikon terminals that aggregate financial...
...Meanwhile, a new breed of finance company has emerged. The aggregate balance sheet of India’s 11,000 or so non-bank financial companies is now $316bn, according to central bank figures....
...KKR is taking a majority stake in Indian waste management company Ramky Enviro Engineers in a deal valued at nearly $1bn....
...I don’t think the company needs to be broken up to achieve a higher valuation.” But he said that Tidjane Thiam, Credit Suisse’s chief executive, should not dismiss the proposal out of hand....
...with his affiliated entities had agreed not to increase their aggregate ownership of Herbalife shares above the 50 per cent threshold unless they agree to buy 100 per cent of its shares, for two years following...
...Trian has been particularly active this year, with its campaigns amounting to the fourth highest of all activists by aggregate market value of its positions, according to Lazard data....
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