Hints and tips:
...News round-up Evergrande chair placed under ‘mandatory measures’ on suspicion of crimes (FT) OpenAI and Jony Ive in talks to raise $1bn from SoftBank for AI device venture (FT) Moody’s warns of ‘systemic...
...Jeremy Fleming, the recently departed head of British cyber intelligence spy agency GCHQ, has been hired to chair the advisory board of UK venture firm Gallos Technologies....
...It didn’t end well for Cuban’s venture. Here you can find a few articles about that failed experiment. Hunterbrook aims to be different, according to people DD talked to....
...Morgan Stanley led a $1bn credit facility for Blackstone’s $4.6bn acquisition of Cvent, which is majority owned by Vista Equity Partners....
...The proposal is due to be discussed at a board meeting of Oyu Tolgoi LLC....
...Thoma Bravo has turned to a group of direct lenders to finance its $8bn takeover of business software provider Coupa Software, swooping in with a higher price just as rival buyout firm Vista Equity Partners...
...One thing to start: Elon Musk’s $43bn bid to take Twitter private is struggling to draw interest from institutions with the financial firepower to pull off such a large deal including Blackstone Group, Vista...
...Rio has funded Oyu Tolgoi LLC, the joint venture company developing the project, through shareholder loans....
...How Thoma Bravo became a private equity powerhouse “Software is eating the world,” venture capitalist Marc Andreessen presciently stated in 2011. It’s eating private equity, too....
...As a shareholder Oyu Tolgoi LLC — the joint venture that owns the mine — Ulan Bator is liable for its share of higher development costs....
...Vodafone has described the financial position of the joint venture as “critical” but refused to inject more equity, having booked billions of pounds of losses related to its Indian foray....
...Juicy payouts to private equity stars, venture capitalists and tech founders are unpopular with ordinary investors....
...Apollo saw investors stepping back over its founder Leon Black’s links to the late paedophile Jeffrey Epstein, while Robert Smith, the founder of Vista Equity Partners, admitted to hiding $200m from the...
...He says that for 15 years, half of the carried interest he was entitled to from Vista’s premiere fund was filtered through a Nevis LLC called Flash Holdings, owned via bearer shares by a Belize foundation...
...Job moves Rio Tinto has named its finance director Jakob Stausholm as its next chief executive....
...Jakob Stausholm, Rio Tinto’s new chief executive, has made sweeping changes to the miner’s senior leadership team. More here. Rothschild & Co has appointed Richard Luddington as a senior adviser....
...So the group is buying Applause, a private, venture-backed company that provides thousands of testers for new applications on behalf of a blue-chip customer list ranging from Amazon to Google....
...But let’s assume that this is more than a fact-finding mission and that Rio Tinto Ventures wants to buy the stake in SQM. Would the deal ever be signed off by Rio’s board?...
...Last year, Vista sold its majority stake in cyber security company Websense to defence contractor Raytheon to create a joint venture, almost doubling its valuation in less than two years after it took the...
...The company is the anchor investor in two University Ventures funds, which invest in online education in the US and Europe....
...It has also invested $8m in the venture fund Luminari Capital....
...Mr Kukielski’s past projects have included Antamina, one of Peru’s largest copper and zinc mines, in the late 1990s, when he worked for Rio Algom, a company acquired by BHP Billiton....
...Related reading: Rio Tinto: Guinea pressure still on, beyondbrics Zambia cracks down on miners over tax, FT South Africa: A faded rainbow, FT...
...Nathan Tinkler has disposed of his holding in Australian miner Whitehaven Coal to a group of creditors, as the former billionaire looks to pay off debts and launch new ventures from a base in Singapore....
...Vista Equity Partners, for example, announced a £1.27bn bid for Misys, the UK banking software company, in March, and Insight Venture Partners announced a $2bn deal to buy Quest Software....
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