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...L Catterton — established in 1989 but launched in its current form in 2016 through a partnership between a private equity firm, French luxury group LVMH, and founder Bernard Arnault’s family investment vehicle...
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...The deal is the latest in a number of transactions engineered by Franklin chief executive Jenny Johnson as she seeks to reinvent the family-run firm from a traditional stockpicker to a multi-class asset...
...Schonfeld began life in 1988 as a family office managing the money of founder Steven Schonfeld, a former stockbroker, and did not open up to external investors until 2015....
...Partially as a consequence of the bankruptcy of Toys R Us in 2017, Lego has expanded its network from 317 stores that year to about 1,000 currently....
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...Smart reads (Another) family feud A succession battle is brewing at The Times of India, where the ruling Jains have become the latest influential Indian clan to wrestle with the challenges of family, money...
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...He tells me the UK government’s R&D budget is approaching £20bn a year, and that private-sector R&D now exceeds public money roughly threefold....
...Here’s Russell Haworth, from the Family Business Partnership on how to encourage a reluctant older generation to let go of control: “A lot of focus is placed on ensuring that the next generation are ready...
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