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...The US-based group has raised $20.5bn for its seventh private equity fund....
...“If a group of partners came along and said, ‘join our lawsuit’, I would not have wanted to sign away my right to do that,” the former partner said. Grant Thornton declined to comment....
...A group of retired partners, including three former chief executives, are negotiating with the current leadership to try to get a better deal....
...Other recent partner-level exits include Solomon’s longtime lieutenant, Jim Esposito, Beth Hammack, co-head of the bank’s financing group and the former head of its consumer and wealth division Stephanie...
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...He is already proving a valuable addition to the Board and management teams.”...
...He added that the scandals put “not only TIC’s management and board, but also [Toyota Motor’s] management and board, on notice that Toyota Group is no longer exempt from following guidelines designed to...
...Private equity group Silver Lake, an investor in Manchester City’s parent group, raised its largest fund to date....
...There was, however, only one person being tried: Mohammed Ali Rashid, a former senior partner at Apollo Global Management....
...Linklaters has hired Richard Spedding as a partner for its corporate team in London, focusing on mergers and acquisitions. He previously worked for Travers Smith....
...Apparently, Apollo Global Management has other priorities....
...Buyout firm Apollo’s lengthy pursuit of €1.6bn industrial certification group Applus has descended into a complex regulatory stand-off — a warning of how aggressive acquisition strategies can backfire....
...Founded more than 40 years ago, Thoma Bravo has nearly $140bn in assets under management and is renowned as one of the world’s leading software investment groups....
...Kering, which owns brands including Gucci and Saint Laurent, has been led by the patriarch’s son, François-Henri Pinault, 61, ever since his father stepped back from the group he built in 2003....
...Digital artworks of frogs vomiting rainbows and other cartoonish imagery have shown up in bitcoin wallets run by ETF providers, including Cathie Wood’s Ark Investment Management and Bitwise Asset Management...
...Dechert has hired Brian Miner as a partner in its corporate and securities practice group. He joins from Schulte Roth & Zabel, where he co-chaired its M&A and securities group....
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
...The asset management industry is undergoing a wave of consolidation as large investment groups such as BlackRock, Franklin Templeton and T Rowe Price push beyond their roots in listed markets, using acquisitions...
...A new group including Mubadala, Michael Dell’s family office, Goldman Sachs Asset Management and Lexington Partners will also invest cash into Endeavor....
..., Peltz’s investment group....
...Its hodgepodge included a legacy talent management agency as well as live events and a mixed martial arts league....
...Goldman Sachs’ asset management arm has bought a stake in the fast-growing private credit fund Kennedy Lewis Investment Management, as it looks to expand its reach in one of the hottest corners of private...
...“We wish that there could have been a better outcome for the Ted Baker employees and stakeholders,” John McNamara, chief strategy and transition officer at Authentic Brands Group, the US owner of the Ted...
...Skydance, along with private equity groups RedBird and KKR, is planning to buy National Amusements, which holds almost 80 per cent of Paramount’s class A voting shares, for $2bn....
...The world’s largest buyout groups, whose ascent in the fund management industry was underpinned by the use of junk-rated loans, are placing low risk lending at the heart of their growth plans....
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