Hints and tips:
...Morningstar earlier this year estimated that Ark had wiped out about $14.3bn in wealth over the past decade, more than any other fund family....
...Creative Artists Agency’s top staff are in line to pocket more than $200mn as part of the acquisition of the Hollywood talent agency by the Pinault family, according to terms of the deal obtained by the...
...Raine’s Sine has worked with the McMahon family over a 20-year period, including Vince’s wife, Linda, who has also served as chief executive of WWE....
...London-listed magazine publisher Future who is spearheading a US-first strategy, said he was not considering switching to New York because the business would be too small to catch investors’ attention. 1....
...The Barotz family has been trying for several years to void the policy taken out on Martha’s life....
...The family lost control of the group after failing to repay bad debts of close to £1.2bn last year to Lloyds Banking Group....
...Since 1936, S&P 500 dividend yields have averaged 3.5 per cent, but in the past 12 months, that yield was just 1.5 per cent....
...On Monday the Barclay family paid Lloyds more than £1.1bn to clear their decades-long debts with the bank....
...Schonfeld began life in 1988 as a family office managing the money of founder Steven Schonfeld, a former stockbroker, and only opened up to external investors in 2015....
...The firm’s main fund is up about 1 per cent this year to October, while Millennium has returned 8.3 per cent in the same time period....
...Do read on — Josh Noble, sports editor Raine adds Manchester United to its trophy cabinet The Glazer family’s $1.6bn deal to sell a 29 per cent stake in Manchester United finally landed just one day before...
...Hong Kong’s consumer council said it had received 1,178 complaints over the match, involving more than HK$8mn in funds as of Thursday evening....
...Ohtani is represented by Creative Artists Agency, the Hollywood talent giant acquired this year by the Pinault family....
...Lawyering up In addition to his father’s media empire, Lachlan Murdoch also stands to inherit the barrage of legal proceedings hanging over the family business, the FT reports....
...That minority equity stake is worth more than $1.8bn, far more than the agency’s overall $700mn valuation when TPG first made its investment....
...France’s billionaire Pinault family has agreed to buy a majority stake in Hollywood talent manager Creative Artists Agency from private equity firm TPG in the largest-ever transaction for the family’s holding...
...Earlier this year, Vista borrowed $1.5bn secured against its portfolio companies, the FT previously reported. Some of the money was used to pay investors....
...Investors on Friday put $1.28tn into the Fed’s overnight reverse repo facility (RRP), where cash is stored risk-free for a short period for a generous return....
...A more benign version of perpetual life is envisioned in the book and 2002 film Tuck Everlasting, about a family that accidentally lives forever....
...CPP Investments, Canada’s largest pension fund, invested a further $1.75bn, while just $1.2bn of the purchase price was financed with debt....
...In the past two years, Schonfeld’s headcount has grown from about 600 to more than 1,000. Schonfeld’s experiences reflect another key dynamic among the platforms....
...Franklin’s assets have grown from $717bn in 2018 to $1.4tn as of the end of April....
...The firm and its investors contributed about $9bn of the purchase price while Canadian pension fund CPP Investments put in $1.75bn....
...The €1.7bn all-cash purchase could lead to more projects between Kering and the Qatari fund, Pinault said....
...A source close to the family said the Soros’ priorities in US politics would be unchanged by Alex’s appointment....
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