Hints and tips:
...Carlyle, which had bought the company in 2017 from Ergon Capital Partners and retains a minority stake, propelled the brand’s expansion into the US and China....
...Flashlight Capital Partners, a fund run by a former Carlyle Group executive, wants the company to triple its dividend payout, appoint two well-known Korean business leaders as outside directors and spin...
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...It had kept 20 per cent after it sold stakes to Carlyle and Chinese group Citic Capital in 2017. A consortium led by Citic Capital will hold the remaining 52 per cent....
...Job moves Carlyle Group has hired Jeff Currie, the former Goldman Sachs global head of commodities research, to help the US private capital group invest behind big trends in energy markets....
...She joins from private equity group Carlyle....
...At a rate of 14.6 per cent, Carlyle’s loan is a juicy yield play that comes as private capital firms push into corporate lending by making large loans to companies such as Carvana, Hertz and Albertsons....
...KKR plots a buyout deal that Carlyle snubbed Veritas Capital, the fast-growing private equity firm with deep ties to Washington, is standing on the verge of a deal that will see its investors earn a multibillion-dollar...
...RJ David has left Carlyle to join rival private equity group Broad Sky Partners, which focuses its investments on middle market business services and consumer services companies....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Despite a $750mn capital injection last year that predominantly came from SoftBank, Better is in desperate need of cash....
...The tea division, which includes the PG Tips and Lipton brands, was sold this week to CVC Capital Partners for €4.5bn....
...KKR, Carlyle and Ares have also begun studying loan asset purchases from SVB, said three people briefed on the matter....
...Job moves JPMorgan Chase has hired John China — the president of Silicon Valley Bank’s venture capital arm SVB Capital — as co-head of innovation economy based in San Francisco....
...A gambit to raise cash for US rival Carlyle Group’s latest buyout fund has come up short....
...Its rapid growth has turned it into an important conduit for global capital flows, with firms such as Blackstone, KKR and Carlyle Group managing and investing money on behalf of sovereign wealth funds, endowments...
...The industry’s largest players including Blackstone Group, Apollo Global Management, KKR, Brookfield and Carlyle Group have tethered their growth to managing obscure life insurers that are feeding their...
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Some of those fund managers, including Carlyle and HPS Investment Partners, purchased the new Citrix debt sold this week, enticed by the high returns on offer, people briefed on the matter said....
...Arrival announced it would merge with Kensington Capital Acquisition Corp V, another blank cheque company. Arrival may survive to commercialise its delivery van....
...The FDIC closed SVB after a failed effort to raise new capital sparked a bank run, with customers withdrawing $42bn or a quarter of the bank’s total deposits....
...“KT&G is like a naked orphan on the street, ignored by passers-by,” said Lee, who led Carlyle Group’s Korean business before starting his fund....
...Blackstone, Apollo, Carlyle, Sixth Street and HPS Investment Partners are among the alternative investment groups inspecting SVB’s loans to prepare possible offers, a cohort that mostly had been excluded...
...Along with several regional banks, private equity investors including Blackstone, Apollo, Carlyle, Sixth Street and HPS Investment Partners inspected SVB’s loans to consider possible offers, according to...
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
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