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...Venture capitalists are under increasing pressure to return capital to their own backers — institutional investors, foundations and pension funds, known as limited partners [LPs] — as it has become more...
...“I think there’s a huge amount of opportunity to deploy capital that should soak up any money coming in.”...
...While Leone remains a Sequoia partner, Moritz gave up active management duties in 2012. He stepped down as a partner last year, shortly after the China separation was announced....
...At $6.4bn, KKR’s Asia Pacific Infrastructure Partners II fund is the largest pan-regional infrastructure-dedicated fund....
...A month later, Grant Thornton US agreed to sell a 60 per cent stake to New Mountain Capital....
...With a shareholder vote set for April 3, Disney faces proxy fights with Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting the company’s share...
...“Investors have gradually come to realise that it has become almost impossible for many Chinese companies to list abroad,” said Ming Liao, a partner at Prospect Avenue Capital, a Beijing-based private equity...
...Additional reporting by Sun Yu...
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...Large investors, including Vanguard and BlackRock, backed Disney in a blow to Peltz’s Trian Partners....
...Firms that have shorted the stock include London-based Marble Bar, CapeView Capital and Kuvari Partners....
...Somebody is buying RuneScape again: Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry...
...Paul Singer’s Elliott Management and Boaz Weinstein’s Saba Capital....
...Most VCs continue to charge LPs a management fee regardless of whether they had made investments, but Sequoia Capital, one the premier tech VC groups, started waiving fees on capital it had not yet committed...
...Bridgewater China Investment Management, the local arm of the world’s largest hedge fund, quadrupled its assets under management to more than Rmb40bn ($5.6bn) at the end of last year from two years ago,...
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...Blackwells Capital, the second activist, has put up its own slate of three directors for the board....
...Disney is facing proxy battles with Nelson Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting its share price....
...Blackstone president Jonathan Gray told the Financial Times last May the world’s largest private capital group — which has $1tn of assets under management — could become a “valuable partner” to banks looking...
...Two private capital groups, New York-based Global Infrastructure Partners and Sweden’s EQT, are each working to raise $20bn-plus funds next year....
...When a client (the Limited Partner, or LP) signs up to invest $100mn in private equity, they don’t immediately assume $100mn of exposure....
...It is 49.5 per cent owned by Reinet Investments, a vehicle backed by South African billionaire Johann Rupert, and includes CVC Capital Partners among its shareholders....
...Salesforce, which a year ago faced an onslaught of activist investors, including Elliott Management, gave Morfit a board seat....
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