Hints and tips:
...“In any organisation when you have transition to a new leadership it’s complicated to have the old leaders hanging round,” observed the Sequoia LP....
Plus, pharma dealmakers make a comeback in San Francisco confab and private equity ‘whitelists’ challenged
...What started as a small project tested on pharmaceutical supplier Capsugel and garage door maker CHI Overhead Doors has grown to become a core part of KKR’s investment approach....
...Unilever last year made bids for pharmaceutical company GSK’s consumer health division, which were rejected....
...“We don’t hide the fact that they worked with both the FDA and the pharmaceutical companies. It gets to the heart of the issue....
...Mr Puri was recruited by Sunil Kaul, Carlyle’s managing director and head of financial services in Asia, a former colleague at Citigroup in the 1980s and early 1990s....
...as a major shareholder of Valeant Pharmaceuticals....
...Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . . Exponent Founders Capital I, LP . . . SH Fund, LP . . . Curated [chef recommends] . . . Race Capital II, LP . . ....
...After three years of losses between 2015 and 2017 driven by a disastrous investment in Valeant Pharmaceuticals, Pershing Square has become one of the hedge fund industry’s top performers....
...All the money would be used exclusively for abatement of the opioid crisis, including support and services for survivors, victims and their families....
...For example, multiple bidders emerged for Takeda Pharmaceutical’s over-the-counter business, which was sold last month to Blackstone for $3.2bn....
...Its private equity bets centred on healthcare and technology investments, such as Par Pharmaceuticals and McAfee, have paid off handsomely....
Cinven and Astorg team with Abu Dhabi sovereign wealth fund to buy LGC Group from KKR
...Earlier this year, the NHS also signed a £10bn framework contract with private providers to use their services....
...DD would love to hear from LPs with thoughts on the matter. Email due.diligence@ft.com....
...But it added: “As we look back at our client service during the opioid crisis, we recognise that we did not adequately acknowledge the epidemic unfolding in our communities or the terrible impact of opioid...
...We didn’t even mention Valeant, the unsavoury hedge fund hotel pharmaceutical blow-up which ValueAct held board seats in after investing $200m back in 2006....
...Then after Pershing Square gained a whopping 40 per cent in 2014, it subsequently suffered a string of bad years, wrong-footed by big bets on pharmaceutical company Valeant, and Herbalife, the multilevel...
...Mr Boze is board chair of CBRE Group and a director of Trinity Industries, and a former director of Valeant Pharmaceuticals....
...Kerrie Mitchener-Nissen has moved to the Asset Management Exchange (AMX) as head of product for the fund services provider which is owned by Willis Towers Watson, the investment consultant....
...Legal services for the owners have not been covered since the start of March. The audit was ordered by the special committee of the board of directors of Purdue Pharma....
...Last month, CVC bought a 50 per cent stake in pharmaceutical supplier DFE Pharma for less than $500m....
...Meanwhile, office space in cities where tech and pharmaceutical sectors are vying for talent from top universities will be coveted....
...“I think the pressure is rising on the pharmaceuticals to start to move settlements forward,” he said....
...Purdue, owned by the billionaire Sackler family, was forced to find a new bank after JPMorgan told the pharmaceuticals company that it was cutting ties because of rising reputational risk, according to people...
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