Hints and tips:
...Aspen is owned by private equity group Apollo and sells insurance and reinsurance through the Lloyd’s of London market as well as in Bermuda and the US....
...General Atlantic, best known for backing TikTok parent company ByteDance, and Paris-based Carmignac have bought minority holdings in Clipway, a firm set up by former Ardian senior investor Vincent Gombault...
...The holding company owned by French billionaire François Pinault and his children will end up holding a 56 per cent stake, the documents show....
...Several retail brokers, including Robinhood and Interactive Brokers, now offer 24-hour weekday access to US stocks with trades either matched with their internal holdings, or conducted via a “dark pool”...
...They’re reaping the rewards,” said Diarmaid Sheridan at brokerage Davy in Dublin....
...Jana Partners, the prominent US activist fund with around $2bn in assets, announced on Wednesday that it would work alongside Cannae Holdings, a financial sponsor holding company....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...Emanuel will roll his equity holdings into the privatisation alongside other Endeavor executives....
...In 2012, Bill Ackman convinced 3G Capital to merge with Justice Holdings, a UK special purpose acquisition company, sponsored by the hedge fund manager, Martin Franklin and Nicolas Berggruen....
...“Equities have been on a fantastic run,” he said....
...Qatar Holding, a subsidiary of the Qatar Investment Authority that helped bail out Barclays during the global financial crisis, launched the sale on Monday of almost 362mn shares, worth about £510mn....
Ten funds holding the cryptocurrency hit stock exchanges after winning SEC approval
...Hedge fund Muddy Waters on Wednesday revealed a bet against a publicly listed real estate investment trust managed by private equity giant Blackstone....
...But a sudden rise in interest rates beginning in 2022 left Tiger badly exposed to plunging valuations and holding a bloated portfolio of private investments with limited paths to exit....
...His investment vehicle was ultimately paid $578mn for part of its equity holdings in WeWork....
...The borrowing was spurred by a slowdown in private equity fundraising, takeovers and initial public offerings that has left many private equity firms owning companies for longer than they had expected....
...At the end of each quarter, those with at least $100mn in assets under management must disclose their equity holdings....
...Since GIC ditched its holdings in Vista, the sovereign wealth fund has co-invested with other private equity firms in deals in which Vista also participated, a person familiar with the matter said....
...Backers, who also include Japan’s SoftBank and US private equity firm Tiger Global, will offload part of their stakes in the sale....
...Law firm Quinn Emanuel Urquhart & Sullivan, which has filed complaints in the Swiss court on behalf of 1,000 investors with more than $6bn of AT1 holdings, could take the unusual step of filing a lawsuit...
...In the third quarter, Apollo marked up the value of its buyout holdings by 2.7 per cent, putting year-to-date gains at more than 10 per cent....
...painful losses for investors who piled into the sector without properly understanding the risks of holding illiquid assets....
...Koenigsberger added that investors in emerging markets should emulate allocators in developed markets and build up their private market holdings....
...The growing gap between Endeavor and the value of its assets was made even clearer following the acquisition of talent agency rival CAA by Artémis, the family holding company of French billionaire François-Henri...
...Chase Coleman’s Tiger Global has built a big stake in private equity group Apollo Global as the hedge fund looks outside of the technology investments that have been its mainstay in recent years in a hunt...
International Edition