Hints and tips:
...“It creates an equity culture so that partners are focused on how to grow the equity value of the business and not just their own individual book of business.”...
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
...One UK marketing chief, who declined to be named, points to the launch of their new vegan brand last year as an example of the dangers facing advertising agencies....
...Bobby Jain, who was hired in 2016 as Englander’s first co-chief investment officer, was regarded by many, internally and externally, as the frontrunner (though an insider disputed this)....
...Vista and GIC declined to comment. In a recent letter to investors, Smith noted that the new flagship fund is on track to be the “largest pool of capital” it has ever raised....
...Join us at London’s Biltmore Mayfair hotel on October 17 to hear from and connect with the biggest names in investment and finance, including Byron Trott and Gregg Lemkau of BDT & MSD Partners as well as...
...Barclays has named Morgan Stanley veteran Scott McDavid as global head of equities and Goldman Sachs alum Ronnie Wexler, who most recently worked at crypto group NYDIG, as global head of equities distribution...
...Alternative asset managers such as Apollo, KKR and Blackstone are increasingly financing blue-chip companies, as businesses look for new sources of capital to help counteract the effects of higher interest...
...Prescott Watson, general partner at Red Blue Capital, a transportation focused venture fund, says the robotaxi groups are still too wedded to the original dream of a decade ago, in which engineers would...
...Silver Lake’s purchase of Qualtrics stood out as an audacious bet in an otherwise fragile market....
...Today, Credit Suisse, in need of its own capital injection, says that its spin-off will draw on the “rich heritage” of First Boston to compete as a firm straddling the line between boutique and bulge bracket...
...The value of Tiger’s holdings in companies such as Peloton and Zoom rocketed....
...Today you are competing and tomorrow you will bring them in as a partner on a deal. It is the new reality.”...
...Other debt sales below $1bn in size included US-based private equity investors General Atlantic, Stone Point Capital and Audax Group, credit manager GoldenTree Asset Management and real assets investor I...
...Case in point: partners at the firm are committing $1bn of their own cash to back seed funds that focus on early-stage start-ups, as The Information revealed....
...“It has an early-innings feel of a repricing of credit risk,” said Todd Lemkin, chief investment officer of Canyon Partners, who said bank risk committees are likely to be dialling back their financing commitments...
...In 1998, as the dotcom bubble was reaching its climax, Wood and one of her colleagues, Lulu Wang, left Jennison to set up a fund in New York called Tupelo Capital Management....
...But if he has invested this much in BT, it is because he finds the UK market and the company’s project in fibre interesting from an industrial point of view.”...
...Job moves Doug Parker will retire as chief executive of American Airlines on March 31. He will be succeeded by Robert Isom, the airline’s current president....
...Fund management, market-making and advisory services are all mentioned, and FTX is listed as a strategic partner: Satori doesn’t seem to have a lot of followers (264 on Twitter, 119 on Medium at pixel),...
...HSBC has hired Sarah Wiggins, a partner at Linklaters, to a new role as vice-chair in its global banking division....
...Indeed, Blackstone’s founder Stephen Schwarzman has likened DCI to GSO Capital Partners, which it bought in 2008 and is today the heart of its $178bn credit business....
...“We have accomplished a lot and there has been a lot of winning but I don’t think there is any point where we would say we have won,” says Matt Culek, chief operating officer of Citadel Securities....
..., the Wall Street group said he would stay on as chair, even after handing over as chief executive to his longtime partner Marc Rowan....
...The insurance company carries little debt, and a lot of excess capital....
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