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...The cash from New Mountain, together with some debt financing, will be used to return capital to current partners, buy out retirement obligations to former partners and build a war chest for investment,...
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...“The capital need for sustainable infrastructure and the energy transition is huge,” Ford said in an interview with the Financial Times from the World Economic Forum in Davos....
...Sir Martin Sorrell, chief executive of advertising form S4 Capital, said that some clients that did not have access to first party data on their customers were “panicking”....
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...Blake Kleinman, partner at H&F, said after doing the Baker Tilly deal that his firm liked to be “the first capital” coming into a partnership to shake up the ownership model....
...The other partner in the joint venture is US fund manager RedBird Capital....
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...I think it’s very good value, even though credit spreads are near their 52-week tights, around 330-340 basis points over Treasuries....
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Rishi Sunak under growing pressure to veto newspaper group’s purchase by Abu Dhabi-backed RedBird IMI
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...This further concentration of corporate power risks creating a seemingly impregnable intellectual capital and computing complex in AI....
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...Since announcing plans to launch two Orient Express-branded superyachts early last year, Accor has been seeking a partner to bankroll the majority of the capital expenditure associated with the cruise liners...
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...In 2009, like countless other private-equity hopefuls scouting for deals, 3G Capital’s partner Daniel Schwartz screened a bunch of undervalued companies. He came across Burger King....
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Independent board to oversee newspaper as prospective Abu Dhabi-backed bidder awaits outcome for takeover
...You could argue that Amazon and (particularly) Tesla look bubbly on a P/E basis (at 41 and 59, respectively), but that is a different point. And we are not quite done yet....
...AMP Capital’s Michael Hamilton has joined as a partner. Alvarez & Marsal has named Chevron veteran Jay Johnson as senior adviser to its energy practice....
...On Monday Hg Capital Trust, an investment company managed by Hg, said the new transaction valued its own stake in Argus at about £52mn....
...At various points over the past 20 years, certain industry groups or companies, whether it be energy or health insurers or something else, have been universally hated and really cheap....
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