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...BlackRock was interested in a tie-up with Warburg Pincus because its chief executive Larry Fink had identified alternative investments as a strategic growth area....
...“The capital need for sustainable infrastructure and the energy transition is huge,” Ford said in an interview with the Financial Times from the World Economic Forum in Davos....
...BDO last year took an alternative approach, opting to convert to an employee-owned corporation, funded by private debt....
...The price is a 55 per cent premium to where Endeavor’s stock was trading in late October, when the sports and entertainment business led by Ari Emanuel said it was exploring strategic alternatives....
...The original Credit Suisse deal with Apollo led to the alternative investment manager taking on one of the Swiss bank’s most profitable divisions, but one that required a lot of capital....
...Such private investments in public equity — or PIPE — deals are relatively common in the US, offering private equity houses a downside-protected route into a company’s share capital....
...Millennium Management, the $60bn hedge fund led by Izzy Englander, and Schonfeld Strategic Advisors have terminated talks to form a partnership, according to people familiar with the situation....
...“If the UK public markets are unwilling or unable to engage in Wood’s story, we believe you should undertake a strategic review and actively seek alternative solutions,” it added....
...Among other multi-manager funds, Eisler Capital, which has $4bn in assets, gained 9.8 per cent last year, according to a person familiar with the matter....
...He was a day-one investor in venture capital giant Sequoia Capital, as well as other leading private capital groups including Benchmark Capital and Hillhouse Investments....
...“Firms desperately need capital to transform the business,” he said....
...The fragmentation of banking as well as capital funding makes a mockery of the free flow of capital....
...US hedge fund Schonfeld Strategic Advisors is cutting 15 per cent of its workforce in a cost-cutting drive after walking away from talks with larger rival Millennium Management earlier this week....
...The deal follows a strategic review by the company’s board after it lost a shareholder vote in October that put its future in doubt....
...Blackstone was one of several parties to bid for the company as it went through a strategic review in recent months....
...The government is in talks with Stowell about dropping her amendment if it comes up with an alternative proposal in time. Downing Street and Stowell declined to comment....
...“The credit card industry is not very competitive, and consumers would be better off if Discover became a more attractive alternative,” said Rebecca Allensworth, professor of law at Vanderbilt University...
...However, as Agrawal notes, for the Mangs these investments are as much strategic as financial. This financial flexing seems to be rattling some old-school VCs....
...Some investment bankers are touting a tie-up between Ardian and Tikehau Capital, a €42bn competitor in the alternatives sphere....
...Its announcement came after Endeavor said on Wednesday that it was considering strategic alternatives to maximise the value of its publicly listed stock....
...advisory and placement firm Alvine Capital....
...There is no talk of the region’s capacity to power the world with alternative fuels, despite the fact that it houses about 60 per cent of identified global lithium reserves....
...Scientists using alternative satellite systems, such as the Tropomi instrument on board the Copernicus Sentinel-5P satellite, to detect methane leaks said MethaneSAT would fill important gaps in the world...
...The founder of US-based AQR Capital Management, still one of the world’s biggest computer-driven investment firms despite a sharp drop in assets in recent years, once studied under the University of Chicago...
...Roughly $10bn of so-called private credit loans have been refinanced in public markets, as borrowers pay down burdensome loans in favour of a cheaper alternative, according to data from Bank of America....
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