Hints and tips:
Related Special Reports
...“For a lot of LPs [limited partners] that are overallocated to private equity or having liquidity issues, getting cash at hand through secondary sales is a sure thing,” said an executive at a public fund...
...The raise also signals that LPs are willing to back General Catalyst’s unorthodox approach....
...Pre-split performance for some of Sequoia Capital’s funds, revealed by one of its limited partnerships last year, showed that some of the India and south-east Asia funds had poorer returns than the group...
...They are among the firm’s largest creditors and their unfunded retirement benefits are being paid out of the partnership’s cash flows....
...If you look at what we have been doing with banks, you saw this announced partnership with Barclays on credit cards, KeyBank on fund finance....
...“The partnership board is not keen until and unless the Saudi market opens up to the new liberal way of John Lewis Partnership. “There is no liquor permitted in Saudi Arabia....
...The losses limited lenders’ interest in extending new loans, and when they did the terms were often too expensive for private equity firms to turn to....
...Regardless of the precise solution, venue should be limited to judicial districts with bona fide connections to the debtor....
...Sunak’s background in the financial sector means he is seen by some business executives as more of a known quantity than his predecessors, many of whom have limited private sector experience....
...In some senses, this was ironic, since Smith developed his vision in an era when commercial enterprises were partnerships or proprietorships, usually family companies....
...Additionally, limited partnership agreements seemed to indicate that Apollo should be paying expenses even as the funds and LPs were getting the bills at the time....
...Another wondered, “who’s going to blink first” on valuations, adding that LPs may soon start asking if “maybe we should sell these assets”....
...If average global temperature rises are to be limited in line with the 2015 Paris agreement, climate finance globally will need to increase to about $9tn a year globally by 2030, up from just under $1.3tn...
...The FCA regulates loans of less than £25,000 made to sole traders or partnerships but it said that overseeing lending to limited companies was outside its remit....
...The firms have instead been pushing deeper into the hottest corner in finance: private credit....
...“High mortgage rates are creating a real void for people who don’t have the strong finances that are required to buy in cash,” she said in an interview with the Financial Times....
...Those gains stand in contrast to Meta’s 11 per cent drop on Thursday after the Facebook parent said it would “invest aggressively” in new AI products such as chatbots, despite generating only limited returns...
...An obvious step if you are married or in a civil partnership, is to spread your wealth between you as much as possible so you can make the most of both partner’s tax allowances....
...The Institutional Limited Partners Association, an industry body representing private equity investors, is examining borrowing strategies and drafting detailed recommendations....
...“There is widespread scepticism over private valuations . . . not helped by limited transactional evidence”, the analysts added....
...Criminals can still exploit limited partnerships. Identity verification rules coming into force next year can be sidestepped with the help of a corrupt professional. In any case, they are no panacea....
...Jose Hofer, a former SQM employee now working as a commercial manager of Livista Energy, which is attempting to establish lithium refineries in Europe, said that Tianqi’s troubles were not limited to Chile...
...If Goldman wants a facelift, it may be a better move to emulate Blackstone rather than GreenSky, which finances such surgeries in addition to home repair and plumbing jobs....
...Earlier this year, Carlyle began studying ways to sell its stake to large limited partners such as sovereign wealth funds, according to people familiar with the matter....
...The commission recently sought views about the rule that an existing will is invalidated through marriage or civil partnership....
International Edition