Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...Tiger Global partner Scott Shleifer also spoke at the Riyadh conference in October, and the firm has been pursuing investment from the kingdom as part of its latest $6bn fundraising, according to people...
...Venture funding has fallen precipitously since the start of 2022....
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...The fund had raised $10mn in seed funding and is targeting a $100mn launch for its fund, according to two people involved....
...His other hand holds the rod with the Hand of Justice made for the 14th-century king Charles V, destroyed during the revolution and remade in 1804 for its new sovereign....
...Additional reporting by Scott Chipolina...
...As I said last week, please do sign up for some of our other newsletters — Cryptofinance, headed by Scott Chipolina, is a particular favourite....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The threat of a slowdown has already rocked the junk bond market, a critical source of funding for buyouts....
...Share your thoughts with the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Email me at sid.v@ft.com. Reach Imani at imani.moise@ft.com. PS I’ll be interviewing Jonas Templestein, the co-founder of Monzo Bank, at the FT Future of Finance summit on June 16-17....
...Four months later the firm helped arrange another funding round that doubled the start-up’s value to more than $7bn....
...That’s based on it just raising $125m in new funding, led by US investment firms IVP and Tiger Global. 4....
...Soaring output in recent years depended on Wall Street’s willingness to keep funding that treadmill with new capital....
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...Centrica has replaced both its chief executive and chairman, with finance director Chris O’Shea promoted to interim chief executive and Scott Wheway taking on the role of chairman. More here....
...United’s incoming chief executive, Scott Kirby, said he would cut cash burn from $40m a day now towards $30m a day in the third quarter and then $20m a day in the fourth, if travel has not rebounded....
...“I cannot recall a week this crazy or this stressful — I feel like I haven’t been off the phone since 5am [last] Monday,” said Scott Barshay, a corporate lawyer at Paul Weiss....
...Most dramatically, Trump has suspended US funding of the WHO, which he says covered up for China’s lying....
...NYSE v Nasdaq: may the best board win Next to the Red Sox and the Yankees, Nasdaq and NYSE have one of the most longstanding bitter rivalries in America....
...It is now run by Mr Coleman and portfolio managers Lee Fixel and Scott Shleifer, with Mr Fixel overseeing venture capital....
...Job moves Scott Gottlieb is stepping down as head of the US Food and Drug Administration after two years in the job....
...The Financial Times verified Chinese users’ findings and found with its own examination that Redcore was using components from the v. 49 version of Google Chrome....
...Mr Walter and Guggenheim’s chief investment officer, Scott Minerd, have clashed over the direction of the firm. GBM’s purchase of the Dodgers has also faced challenges....
International Edition