Hints and tips:
...investors, including sovereign wealth funds, pension funds and central banks....
...The fund has been authorised in Guernsey, a jurisdiction that offers “a number of advantages” to help the launch of a bitcoin fund, said David Crosland, a partner in offshore law firm Carey Olsen....
...The company already publishes the HFRI 500, a slightly broader index aimed at institutional investors who can invest in hedge fund managers’ offshore vehicles....
...PJT Partners has hired former Centerview Partners and UBS banker Roland Phillips for consumer dealmaking....
...Credit Suisse’s head of leveraged finance Julia Perroni has joined Houlihan Lokey as a managing director in its capital markets group, based in Paris....
...Golub Capital has hired Lazard Asset Management’s former director of offshore wealth Karim Salazar Antoni as a director based in Miami....
...shocks set out by offshore regulators of UK-based LDI funds....
...The billionaire Issa brothers and their private equity partners TDR Capital stumped up just £200mn for their 2020 deal to buy Asda, the UK supermarket chain valued at £6.8bn, corporate filings reveal....
...“He was Patrick’s partner; nothing happened on the operational side without Armando.”...
...Some of those offshore vehicles, including a fund run by Elara, Hindenburg claimed, conceal their ultimate ownership through nominee directors and almost exclusively hold shares in Adani companies....
...And what if the money actually went to Navalny’s anti-corruption fund? So people feel like they’re doing something good with their money....
...The LDI funds are generally offshore. Regulation of the asset management companies is done by the Financial Conduct Authority, which has been talking to them since July....
...Sidley Austin has hired Tony Downes as a partner in its M&A and private equity practice, based in London. He joins from Proskauer....
...Private equity groups typically fund leveraged buyouts largely with debt, and have previously sold and leased back companies’ property assets, but even by those standards the Asda deal involves a small amount...
...Tyranny of the IRR Except of course, that at least two big things have changed — the interest rate environment and the availability of leveraged buyout debt....
...These were the key partners distributing post-quake international aid....
...Dan Loeb’s $7.1bn Third Point Offshore funds have lost around 14 per cent while his leveraged $2.9bn Ultra fund has fallen 18.4 per cent, according to documents sent to investors....
...News round-up Credit Suisse sells offshore trust businesses (FT) Deal partner for Trump’s Truth Social fails to get backing for Spac extension (Reuters) Tencent increases investment in French video games...
...“Private fund managers are now more likely to be examined than at any other time over the past five years,” said Igor Rozenblit, a former senior SEC regulator and founder of the Iron Road Partners consultancy...
...Elon Musk’s far-larger deal to buy Twitter for $44bn runs in sharp contrast to the KKR deal that has long been hailed as the seminal leveraged buyout....
...Job moves SoftBank has appointed David Chao, a co-founder and general partner at venture capital firm DCM, as an external board director....
...Skadden has hired Raymond Bogenrief, a corporate lawyer focused on leveraged buyouts, Spacs and other M&A transactions, as a partner in Chicago. He joins from White & Case....
...Now, the FT’s Innovative Lawyers research partner, RSGI, has selected 20 in-house legal leaders who have played an outstanding role in helping their organisations deal with business challenges....
...Vista Equity Partners’ founder Robert Smith was trying to move past his settlement of a criminal investigation last year when he admitted to hiding $200m from the taxman offshore and evading some $43m in...
...But risks are brewing elsewhere, as credit rating agencies issue stark warnings on the junk bond and leveraged loan market....
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