Hints and tips:
Fund group received $45mn from Sam Bankman-Fried’s crypto venture in September
...Carvana was built out of DriveTime, an Arizona used-car business owned by Ernie Garcia II, and pitched itself as the digital disrupter of anachronistic used-vehicle dealerships....
...II. Her gaze had first met Black’s in 2008 at a Manhattan house party. Guzel Ganieva, who described the event in court filings, was invited by someone she knew from modelling....
...Its deal with Allego comes just weeks after Sunlight Financial, a business that helps finance residential solar systems, became a public company following its merger with Spartan II....
...If Trump succeeds, one of the biggest winners will be Patrick Orlando, a Florida-based financial executive whose little-known firm, ARC Global Investments II LLC, put up $25,000 to buy a stake in the blank...
...The company stressed the acquisition was done to lift free cash flow, not just output. Pioneer said it would reduce the number of rigs DoublePoint was operating....
...That’s been a boon to SoftBank’s Vision Fund and Vision Fund II, where mark-to-market performances have improved rapidly since the market meltdown in March....
...We have talked about Spacs — or special purpose acquisition companies — before, and there’s more to come from team DD on the subject....
...“We think this model is perfect for the Mifid II environment.”...
...(FT) Drilling down The Permian Basin straddling Texas and New Mexico has made the surrounding areas attractive locations for those chasing the US oil boom, and this time they think it will last....
...All of this puts serious doubts on Vision Fund II....
...It continues: “The independent review being undertaken by Freeh Group International Solutions LLC, announced on 17 January 2020, is proceeding....
...The Georgian house in London, a Grade II*-listed 1820s home, is at 3 Carlton Gardens in the St James’s neighbourhood, near Buckingham Palace....
...There was scope for co-operation with Kepler, and it may grow through acquisition....
...Mike Ashley’s House of Fraser punt reflects wider Sports Direct strategy (FT) Japan’s Shiseido touches up its M&A strategy (FT) Ex-UBS trader Adoboli wins temporary reprieve on deportation (BBG) Mifid II...
...The Trump administration has stepped up its scrutiny of Chinese acquisitions in the US this year....
...Some planned acquisitions, including that of Anthony Scaramucci’s SkyBridge Capital, have fallen through or been delayed indefinitely....
...Mergers and acquisitions among investment managers in 2017 reached levels not seen since the aftermath of the financial crisis, with the market under intense pressure to consolidate....
...Processing (Bloomberg) Glencore’s Ivan Glasenberg always gets his mine (FT) Deutsche asset management IPO ’unlikely’ in 2017 (FT) London’s ’Walkie-Talkie’ skyscraper sold for £1.3bn (FT) Total ready to make acquisitions...
...The Source deal comes ahead of the introduction of Mifid II, the European rules that will transform how both asset managers and financial advisers operate....
...Cfius has scrutinised hundreds of deals from Chinese companies in recent years and often imposed conditions on acquisitions in potentially sensitive areas, or rejected them entirely....
...He revived the company through the acquisition of Citigroup’s fund of funds business, which brought on board Raymond Nolte, who remains Skybridge’s chief investment officer, along with his team....
...Silver Run Acquisition Corp II, which has since bought two energy companies, raised more than $1bn in the year’s biggest Spac listing....
...The company’s roots date back to 1948 when Charles Lazarus returned home from serving in World War II as the baby boom was beginning....
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