Hints and tips:
...The new fund — known as Oaktree Lending Partners — could ultimately invest $20bn in sponsor-backed debt if it taps loans from banks....
Fund group received $45mn from Sam Bankman-Fried’s crypto venture in September
...The Spanish lender hired Morgan Stanley M&A banker David Luwisch, former Jefferies industrials banker David Bradley and former Bank of America financial sponsors banker Andrew Greenwald....
...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....
...It appears Elanus has yet to file a defence in the case through Farrer, which is best known for acting for the late Queen Elizabeth II....
...The result was the creation of a sponsor body for restoration and renewal....
...There are those examples where the public markets haven’t taken to companies in the way the sponsor would have liked, there has been volatility in the share price or there hasn’t been liquidity for sponsors...
...Marwyn also has two other companies lined up to raise money after MAC II. Marwyn said its acquisition company model provided a better alignment between the sponsor and shareholders....
...Pressure on yields has also been exacerbated by a dearth of big mergers and acquisitions since the Fed began raising rates....
...Special purpose acquisition companies (Spacs) have fallen out of favour....
...Barclays has named JPMorgan’s Christian Oberle as head of financial sponsors for the Americas and Credit Suisse’s Tom Vignon as a financial sponsors managing director for Europe, the Middle East and Africa...
...“It’s on the sponsor to defend their portfolio,” said John Kline, managing director of New Mountain Capital....
...CS’s top Australian dealmaker Dragi Ristevski has joined Macquarie Group as head of financial sponsors for Asia-Pacific....
...Byju’s, which sponsors the Indian cricket team and was previously endorsed by Bollywood billionaire actor Shah Rukh Khan, had been a poster child for India’s start-up sector, mounting an international expansion...
...From the mega-rich Russian Roman Abramovich’s acquisition of Chelsea in 2003, which turned the west London side into world beaters, to Spurs’ role in the failed attempt to set up a breakaway European Super...
...It’s forcing a number of sponsors and banks to get more creative with the financing packages they are striking, given that it’s unclear when credit funds will start waving unsecured debt deals through again...
...News of the deal comes days ahead of Scaramucci’s annual Salt conference in New York City, for which Bankman-Fried is a sponsor and speaker....
...Carvana was built out of DriveTime, an Arizona used-car business owned by Ernie Garcia II, and pitched itself as the digital disrupter of anachronistic used-vehicle dealerships....
...Yandex, which accounts for about 62 per cent of Russia’s search market, will focus on a spartan homepage, ya.ru, that contains only a query bar and widgets for traffic, weather and exchange rates....
...That turnround strategy hit a snag when he broke off a $1.4bn US acquisition of Wealthfront, a deal that would have been UBS’s largest acquisition since the 2008 financial crisis and helped Hamers’s strategy...
...Have the Spac sponsor only make money if the stock goes up”....
...The shift in bargaining power from Spac sponsors to investors stems heavily from rising investor redemptions....
...“A lot of times you have good companies that a sponsor owns, but they need to sell to show dollars realised for their fundraising,” says the executive....
...Corporation II....
...II. Her gaze had first met Black’s in 2008 at a Manhattan house party. Guzel Ganieva, who described the event in court filings, was invited by someone she knew from modelling....
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