Hints and tips:
...Lenders including Bank of America and Barclays have been forced to hold on to loans made to fund large buyouts, including the Twitter deal and the takeover of Citrix, leaving them nursing big losses....
...“So the LPs have more leverage today than they’ve often had.” Questions over questionnaires One of the things LPs are looking for is better disclosure on ESG performance....
...They overexpanded to satisfy demand and were left nursing huge losses once that fell away — in Better’s case $1.2bn over 2021 and 2022....
...Before moving to London to pursue a music career, she worked in a nursing home and a cancer hospital....
...Successor Mark Crossley has been nursing the group back to health. A solid financial performance shows the patient is now better. Net sales rose 22 per cent last year to $791mn....
...The question is, once the writing is on the walls that there need to be big markdowns, do LPs start trying to fire sale their LP interests?...
...Executives warned shareholders that pensions and endowments, nursing heavy losses in public markets, feel overexposed to buyouts....
...The turbulent start to the year for global markets, unsettled by the crisis in Ukraine and central bank interest rate rises, has left many other well-known managers nursing losses, including William Danoff...
...Elizabeth Warren, the Democratic senator from Massachusetts, said in a statement to the Financial Times: “When private equity firms buy up nursing homes and other healthcare providers, cost-cutting runs...
...The pair led a buyout of Continental Airlines out of bankruptcy, nursing it back to profitability and pulling off one of the legendary trades in the history of private equity....
...There was also evidence that nursing cuts were structured in ways to reduce costs to the owners while maximising reimbursements from public health systems....
...Colony Capital, the real estate investment group founded by Tom Barrack, said in May that its portfolio companies had defaulted on $3.2bn of debt secured by a portfolio of properties that includes nursing...
...Colony Capital, the real estate investment group founded by Tom Barrack, said in May that its portfolio companies had defaulted on $3.2bn of debt secured by properties that include nursing homes and hotels...
...That has left banks holding shares in AMS worth more than $500m and nursing losses as shares in the company fell on Wednesday....
...It doesn’t help that GSO is nursing losses on several big investments made by its energy arm. And who used to run that business? None other than Scott himself....
...Britain’s biggest provider of residential and nursing care homes for the elderly is on sale for £1bn as owners seek to take advantage of increasing investor appetite for social care assets....
...But the reality, according to restructuring experts, is that strategic mis-steps left him out in the cold and nursing a £150m loss on his 29.9 per cent investment in Debenhams’ now-worthless equity....
...By operating faster and starting rehab straight away, Espoo managed to cut their hospital time by a third and reduce the death rate by 6-7 per cent....
...There is no doubt that Terra Firma is nursing losses on its ambitious deal; at least £450m so far....
...Pizzale, who is nursing a tendon injury, still hopes to complete the run in less than four hours. Find his donation page on Virginmoneygiving....
...“Two-thirds of our spending for Medicaid is for seniors and nursing homes. A lot of our spending is on children who get healthcare....
...European bank stocks are now nursing losses of more than 43 per cent over the last 12 months, having been hit by a series of concerns, including fears over the impact of European Central Bank negative interest...
...Turkey’s benchmark equity index is now nursing its worst one-day loss since 2013, down more than 5 per cent in the wake of Friday’s thwarted coup....
...Barclays has already sold its retail banking networks in Spain and Portugal, both of which also left it nursing losses....
...The Mongolian tugrik is sliding for the 19th straight day and the country’s dollar bonds are nursing heavy losses after the finance minister said the government’s fiscal deficit is likely to be 21.1 per...
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