Hints and tips:
...That move, amid pressure from the Biden administration and growing US-China trade tensions, marked a decisive break from Sequoia’s past....
...Marshall was ex-Mercury while Wace had worked at SG Warburg then Deutsche Morgan Grenfell....
...Eurovita, an Italian life insurer owned by a fund operated by Cinven, the British private equity firm, went into special administration this year after the owner did not provide the level of capital injection...
...News round-up Biden administration warns of lengthy disruption at Baltimore port (FT) Commuting is back — but not as we knew it (FT) Disney settles lawsuit in Florida theme-park dispute (FT) Amazon writes...
...Uncertainty around the order has curtailed American LP interest in China....
...Pressure on the 167-year-old dealership had mounted after its shareholder, Phoenix SG Limited, financed the purchase of the 1856 British Guiana one-cent magenta stamp, described by the group as the “Holy...
...Earlier this year, regulators were forced to freeze early redemptions at troubled insurer Eurovita, backed by private equity firm Cinven, before it was placed under administration....
...Discussions at the Florida State Board of Administration, which manages $245bn mostly for pensioners in the state, reveal how international investors have gradually reconsidered their China strategy....
...The US Energy Information Administration forecasts that domestic gas production will reach a new high of 104bn cubic feet a day next year, while its long-term projections call for continued growth....
...The company, which has about $11.6bn of assets under management, was a major shareholder of prestige British brand Hunter Boot after 2011, which collapsed into administration last month....
...The administration does not plan on imposing restrictions on limited partnerships in cases where the contribution that the LP makes is purely financial and the firm does not have any ability to influence...
...The decarbonisation vs deglobalisation debate rages on The Biden administration’s guidance pleased few folks....
...Since the coronavirus pandemic pushed Debenhams into administration for a second time, FRP has accrued more than £5m in fees and disbursements and the eventual total is likely to be higher still....
...stpi.com.sg, seafocus.sg...
...The next chapter Falling into administration is a humbling moment for Smith, who spent years gloating at old media....
...Key administration officials, most notably Amos Hochstein, had served in the Obama administration when unrest in Libya closed down the Sirte Basin export facilities, leading to a spike in crude prices during...
...However, the Biden administration is under mounting pressure from climate activists not to grant permits for new long-term oil and gas projects they argue will lock in carbon emissions for decades to come...
...said the head of one Sequoia LP, a sovereign wealth fund....
...private credit manager for $200mn (FT) Lloyds pension plan sold billions of assets during gilts crisis (FT) Florida to pull $2bn from BlackRock in spreading ESG backlash (FT) Next buys Joules out of administration...
...“Over the past couple of years Sequoia has faced a lot of pressure from the US side on its China business,” said one consultant to LPs in China....
...We now have 15 terms of data on the Roberts Court, covering both Democrat and Republican administrations....
...One law fits all Even the 1 per cent need antitrust protection, according to the Biden administration....
...One invite to start: The Biden administration and US antitrust watchdogs have set their sights on the private equity industry....
...On the outside, the firm maintained an aura of power, reinforced by its proximity to Washington — its headquarters are a short walk from the White House and Rubenstein had close ties to the Obama administration...
...The investigation found at least 22 McKinsey consultants worked for the Food and Drug Administration regulatory agency and opioids manufacturers over a decade, often at the same time....
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