Hints and tips:
Related Special Reports
...Apollo Global Management improperly agreed to pay $570mn to cover the tax bills of its top executives as part of a shake-up aimed at distancing the private equity firm from its scandal-plagued founder Leon...
...The classic principal and agent relationship — where an investor outsources management of their assets to an outside party — is rife with potential conflicts of interest....
...This month, Chemours, a spinout of DuPont, said an investigation revealed that its senior management showed a “lack of transparency” when approached about accounting irregularities....
...Kent left Zurich in 2020 and went on to become head of credit risk management at GFG Alliance. Kent previously did not reply to a request for comment from the FT....
...It has $32bn of net receivables and generates $3.3bn of income a year....
...And, even accounting for the catchup in UK wages in and last year’s bounce in Cable, in real terms it is still very cheap by historical standards for US firms to hire UK firms or outsource work to their...
...Apollo told him: “Apollo’s accounts receivable department never knowingly, or as a matter of practice, improperly billed any Apollo-managed funds for expenses that should have been accounted for as management...
...Near and longer-term operational and financial impact is mitigated by management actions and OEM compensation that has now been secured....
...Business leaders must be careful, though, not to outsource their thinking....
...We’ve talked about TRAs before, most notably in the buyout of Sculptor Asset Management last year....
...Boeing outsources much of its supply chain to thousands of suppliers, including Spirit....
...Few are the venture capital investors, in the UK and elsewhere, who would be prepared to outsource due diligence in this manner....
...An estimated $8bn has been invested by private capital companies, including Sequoia Capital, Susquehanna, General Atlantic and Coatue Management....
...It also agreed to guarantee an existing “tax receivable agreement”, $294mn worth of payments to Och and a group of early Och-Ziff colleagues, payable over several years....
...The point is to highlight some of the issues arising in the under-appreciated art of receivables management. So here’s an idea....
...Here’s everything you need to know about the EU’s latest efforts to outsource migration management....
...The appointment is the latest sign that increasingly onerous compliance requirements, rising costs and unpredictable markets are pushing big asset owners like pension funds to outsource management of their...
...But the supposed masters of change management are now facing some unanticipated headwinds....
...Kingswood’s founder, Alexander Wolf, cut his teeth at Cerberus Capital Management (named for the three-headed dog guarding the gates of hell) and Ares Management (Greek god of war), two firms not afraid...
...As a capital-light semiconductor designer that outsources manufacturing, Nvidia’s operating margin climbed to a massive 57 per cent, enabling operating profit to rise 1,259 per cent to $10.4bn year on year...
...They would affect “already established private arrangements with the risk of destabilising the management and recovery system of such receivables, which in most cases is entrusted to [servicing companies...
...“Making everything in-house . . . doesn’t make sense,” said Eickholt, with the division also looking to close down manufacturing capabilities and outsource some engineering tasks more cheaply....
...The management’s decision to simply go around the union has caused outrage....
...The OSC said Emerge Canada had been calculating its excess working capital by including a “related-party receivable” owed to it by Emerge Capital Management, also known as Emerge US, the sub-adviser to the...
...Other reforms could include the easing of regulations to allow asset managers to outsource their back-office operations....
International Edition