Hints and tips:
...News round-up Evergrande chair placed under ‘mandatory measures’ on suspicion of crimes (FT) OpenAI and Jony Ive in talks to raise $1bn from SoftBank for AI device venture (FT) Moody’s warns of ‘systemic...
...Jeremy Fleming, the recently departed head of British cyber intelligence spy agency GCHQ, has been hired to chair the advisory board of UK venture firm Gallos Technologies....
...It didn’t end well for Cuban’s venture. Here you can find a few articles about that failed experiment. Hunterbrook aims to be different, according to people DD talked to....
...Morgan Stanley led a $1bn credit facility for Blackstone’s $4.6bn acquisition of Cvent, which is majority owned by Vista Equity Partners....
...One thing to start: Elon Musk’s $43bn bid to take Twitter private is struggling to draw interest from institutions with the financial firepower to pull off such a large deal including Blackstone Group, Vista...
...How Thoma Bravo became a private equity powerhouse “Software is eating the world,” venture capitalist Marc Andreessen presciently stated in 2011. It’s eating private equity, too....
...Vodafone has described the financial position of the joint venture as “critical” but refused to inject more equity, having booked billions of pounds of losses related to its Indian foray....
...Juicy payouts to private equity stars, venture capitalists and tech founders are unpopular with ordinary investors....
...Apollo saw investors stepping back over its founder Leon Black’s links to the late paedophile Jeffrey Epstein, while Robert Smith, the founder of Vista Equity Partners, admitted to hiding $200m from the...
...He says that for 15 years, half of the carried interest he was entitled to from Vista’s premiere fund was filtered through a Nevis LLC called Flash Holdings, owned via bearer shares by a Belize foundation...
...So the group is buying Applause, a private, venture-backed company that provides thousands of testers for new applications on behalf of a blue-chip customer list ranging from Amazon to Google....
...Its companies include Sierra Oil & Gas, the first private Mexican oil company formed since the country’s landmark reform of the sector to allow private investment....
...It is now backing Vista, a new Mexican venture headed by Miguel Galuccio, former chief executive of Argentina’s YPF, which expects to file for an IPO later this month or early in August....
...Its companies include Sierra Oil & Gas, the first private Mexican oil company formed since the country’s landmark 2013 reform of the sector to allow private investment....
...Sierra owns 40 per cent of the block, Talos has 35 per cent and Premier 25 per cent....
...Last year, Vista sold its majority stake in cyber security company Websense to defence contractor Raytheon to create a joint venture, almost doubling its valuation in less than two years after it took the...
...The company is the anchor investor in two University Ventures funds, which invest in online education in the US and Europe....
...It has also invested $8m in the venture fund Luminari Capital....
...In 2012, Sierra Leone made the trailblazing move of creating an internet database for mining contracts that would allow public access to revenue data for the country’s extractives industry, and covering...
...Vista Equity Partners, for example, announced a £1.27bn bid for Misys, the UK banking software company, in March, and Insight Venture Partners announced a $2bn deal to buy Quest Software....
...Jefferies recently made its first big foray into loans for non-investment grade companies in Europe when it became an arranger for the financing of Vista Equity Partners’ £1.27bn bid for Misys, the UK banking...
...● Sierra Investment Management, a Santa Monica-based boutique specialising in low volatility “absolute return” investing, has unveiled the Sierra Strategic Income Fund, which will invest in a rich variety...
...The discovery will also be news to the governments of Ivory Coast, Liberia and Sierra Leone, none of which are big oil producers....
...A year later, the company had to make a huge writedown after the failure of a domestic postal venture....
...But I venture to say it has compared rather well with the results of people who charge 2 per cent fees and 20 per cent of profits. johndizard@hotmail.com...
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