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...After a fractious call with Grant Thornton’s management last week, retirees said the sum they were offered was unfairly low, in some cases coming up short by $1mn or more....
...Retired US partners of Grant Thornton have stepped up their fight for a bigger share of the proceeds from the sale of the accounting firm, hiring lawyers to challenge management over the terms of the deal...
...The cash from New Mountain, together with some debt financing, will be used to return capital to current partners, buy out retirement obligations to former partners and build a war chest for investment,...
...Existing investors including Mousse Partners and Bansk Group also backed the new fundraising....
...Handler had sought a ruling on his partnership status in an effort to force Centerview to open up its books to him....
...It also does not have the burden of legacy cable television networks that Paramount, Disney, Warner Bros and Universal do....
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
...They will be showcasing up to 20 or 25 per cent of the collection, including one-of-a-kind prototypes and personal ephemera....
...Among them is a proposal to “right-size” legacy divisions, such as Disney’s studio business and its linear TV networks, by spinning them out and finding strategic partners....
...The agency is investigating difficulties with a legacy software tool, used on dozens of cases, that affected how it recognised punctuation, while also reviewing an encoding issue with its current disclosure...
...Firms that have shorted the stock include London-based Marble Bar, CapeView Capital and Kuvari Partners....
...David Trujillo, another partner at TPG, summed up the pitch to accountants and others they are trying to lure away from the partnership model....
...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....
...The other partner in the joint venture is US fund manager RedBird Capital....
...Diversifying public sector technology procurement could help institutions avoid the risks of relying on a single legacy supplier....
...“Our goal wasn’t the stock price today, it was to open up the deals that are predicated on being public,” Little said, later adding: “We’re playing the long game.”...
...Rothschild set up RIT Capital Partners, a listed investment trust investing in public and private markets that he chaired for more than 30 years....
...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....
...Law firm Simpson Thacher & Bartlett has named 32 new partners.* Law firm White & Case has named 42 new partners....
...Apoorv Agrawal, a partner at investment firm Altimeter, calculates that the Mangs participated in data and AI start-up investment deals worth $23bn last year — about 30 per cent of the total....
...I’m moving in with my partner for the first time and we plan to set up a joint account for practical reasons. Am I exposing myself to any risk financially?...
...They’re finding that these legacy businesses are no longer good from a required capital or risk-weighted-assets perspective. They’re not fully exiting, though....
...Multi-manager hedge fund Freestone Grove Partners, led by a former Citadel portfolio manager, launched with $3.5bn last week, according to one person with knowledge of the matter....
...A few weeks earlier, Shiber had joined Centerview Partners, the elite boutique M&A investment bank, as a 21-year-old, first-year analyst....
...The hotel group’s luxury and lifestyle division accounted for 43 per cent of revenues last year, up from 39 per cent the year before....
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