Hints and tips:
...Former Credit Suisse shareholder Harris Associates had raised questions over the terms of the deal with Klein and his possible conflict of interest given the banker had been on the board for four years....
...And last month came our latest chapter on how firms are pawning assets to raise cash to deleverage individual companies. But wait, there’s more....
...“The tide has gone out,” said Andrea Auerbach, head of private investments at Cambridge Associates, which advises large institutions on their private equity investments....
...“Salesforce is one of the pre-eminent software companies in the world . . ....
...Finback was considering buying a stake in Gideon Cyber Systems LLC, according to the term sheet....
...Several made the successful transition from junior analyst or associate to partner....
...Through Wednesday’s acquisition, he’s effectively rejoining the private equity group. With just $4bn in assets under management, Iron Park failed to scale....
...They are promoting a growing number of associates to be salaried partners, who do not share in a law firm’s profits....
...Mariner Wealth announced its ninth acquisition of the year last month, while Mercer Advisors scooped up 15 RIAs this year....
...None of those companies has yet completed an acquisition....
...Another Trump associate, Republican operative Roger Stone, urged Barrack to grant the favour. “You are the only one who can do this,” Stone wrote in an email to Barrack....
...Epstein’s Financial Trust Company bought 263,257 shares in Apollo during its IPO....
...Chinese conglomerate’s early acquisition spree, but also temporarily held a large stake in the group, ostensibly as a favour....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...“I love the art of acquisition . . . My wife goes to bed at 11, and I wander around and I rehang things in the apartment. That’s a form of relaxation.”...
...The pandemic has done little to cool the pace of acquisitions....
...One was Scott Kleinman, 47, who had joined the group in 1996 and helped to net billions of dollars in profits from Apollo’s 2008 acquisition of the chemicals company LyondellBasell....
...HSBC has appointed Eileen Murray, the former co-chief executive of Bridgewater Associates, as an independent non-executive director....
...He joins from the Dubai office of Herbert Smith Freehill where he worked as a senior associate....
...The company said in a statement that “it is in the best interests of the company, our stockholders and our associates to focus our efforts entirely on navigating this environment to address those challenges...
...BakerHostetler has opened an office in Dallas led by Shawn Cleveland, who is joined by nine partners, one counsel and six associates....
...The club has made a net transfer profit — sales minus acquisitions — of almost €200m over the past two years, he says....
...Squire Patton Boggs has added former KPMG executive Stephen Ball and Simpson Thacher associates Charles Leeming and Ben Squires to its global corporate practice in London....
...Turano joins from Davis Polk & Wardwell where she was an associate. Smart reads Private equity’s trail of death Private equity is remaking the healthcare industry and the results are shocking....
...According to the document, the states want information about Google’s past acquisitions of advertising technology companies including DoubleClick and AdMob; its top advertisers and publishers; data collection...
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