Hints and tips:
Concerns about lower valuations and stringent listing requirements pushed management away from UK
...Greg Smith, American Airlines chair and a former Boeing finance director, is seen as another potential candidate....
...A month later the New York-based firm said it had acquired private credit firm Iron Park, a business set up by Tripp Smith, a former Blackstone credit executive....
...Additional reporting by Akila Quinio, Stephen Morris, Robert Smith and Euan Healy...
...This article has been amended to clarify that Steve Cohen’s Point72 Ventures fund has invested in 24 Exchange...
...“[WBS] was viewed, outside of government debt, as the gold standard of UK fixed income investment,” said Steve Curtis, a finance partner at law firm Latham & Watkins who has advised on a number of water...
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...In contrast, a physical index-tracking ETF or mutual fund would — in theory at least — have been able to sell the Nigerian holdings and plough the proceeds back into the fund....
...Lunch with the FT: CNN’s former chief executive Jeff Zucker discusses the future of the US cable news channel — and sharing dining tips with Steve Martin....
...GIC disposed of its roughly $300mn holding at a discount, leaving the Singaporean fund with a loss on its investment, according to people familiar with the matter....
Swiss fund manager was offered 12.5 per cent stake in finance firm in 2016
...The US group, for so long the dominant force in golf, has lost some of the biggest draws in the sport, from Phil Mickelson to Cameron Smith....
...GIC disposed of its holding of roughly $300mn at a discount, leaving the Singaporean fund with a loss on its investment, the people said....
...Once, when Brearley commiserated with him about not being picked for a team, Smith shrugged....
...Terry Smith, the founder of Fundsmith who is considered one of the UK’s best-known fund managers, was paid £31mn last year, despite his biggest fund underperforming its benchmark for much of the past three...
...Steve Freeman, director of energy and environmental affairs at the Confederation of Paper Industries trade body, called on the government to act....
...That is how Steve Jacobs, head of the Deep Tech investing team at Lakestar, the European venture capital fund, sees it....
...Steve Cohen’s Point72 also chalked up a $2.4bn gain. No, the dramatic fall of Steve Mandel’s Lone Pine is the main shock (at least to us)....
...DD’s Rob Smith and Sujeet Indap explain why two US hedge funds are betting on this slightly ridiculous scenario playing out at Credit Suisse....
...Last year, General Atlantic bought Tripp Smith’s credit firm Iron Park as it decided to push into debt-based investments....
...Steve Hou, researcher at Bloomberg Indices and a former AQR quant, thinks so....
...Vivion in September announced it would buy part of a Berlin property development from Adler’s struggling shareholder Aggregate Holdings, which is headed up by the controversial financier Cevdet Caner, in...
...The first section of Muddy Waters’ report questions the validity of a series of shareholder loans, flagging a series of apparent discrepancies with the balances reported at the holding companies above Vivion...
...Steve Mogford, who retired as chief executive of United Utilities on 31 March, earned £2.3mn, down from £3.2mn....
...“broad based” in order to allay concerns about their potential susceptibility to market manipulation if the same individual is the “designated market-maker” for both an ETF and some of its constituent holdings...
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