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...The downside was EQT had to “follow their way of doing business, which in the early days was very different from how private equity did business,” Jonsson said....
...Doing so will add $12.5bn to General Atlantic’s $83bn assets under management....
...Rabe said it might be an opportune moment for a “bigger step” to scale up BMG, which has already sought to expand its catalogue through a partnership with KKR, the private equity firm....
...business Corinthia Global Management....
...Rashid had been accused of violating his duties to investors in Apollo private equity funds in the early 2010s by billing the funds hundreds of thousands of dollars in improper personal expenses, such as...
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Private equity firms must get into the weeds of a business. Hedge funds prefer spreadsheet calculations that they can paste into letters and PowerPoint slides....
...The firm also named Chris Gordon and Robin Marshall as the heads of its global private equity business....
...in professional services as evidence for the investment thesis....
...Talent agency Endeavor Group is being taken private at an equity value of $13bn after three years of lacklustre performance as a listed company....
...Scott Shleifer, the head of Tiger’s $30bn-plus private equity business who was instrumental in the firm’s growth, announced late last year he would step down from his role at the hedge fund....
...There’s a private credit boom going on, and underworked, bonus-anxious investment bankers and their asset management colleagues are ON IT....
...UK asset manager Ruffer is planning to axe jobs across the business after a poor investment performance last year, as the industry battles rising costs and pressure on profits....
...Other firms, including Blackstone and Hg, have sought cut-rate loans for new deals, with banks and the direct lenders of the private credit industry often being played against each other as private equity...
...Nine years is a very long holding period for private equity....
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
...Getting into private equity could therefore risk undermining the remarkably broad popular support for NBIM’s existence, management and investment style....
...Blackstone has won the backing of Hipgnosis Songs Fund’s board as the US private equity group seeks to derail Concord Chorus’s proposed $1.4bn takeover of the UK-listed music rights investment company Blackstone...
...The attack seems likely to have been a result of the ship’s previous ownership by Oaktree, one of the US private equity firms that is most active in shipping investment....
...Wellcome Trust warns of private equity ‘shakeout’ Nick Moakes, chief investment officer of the £38bn Wellcome Trust, reckons that the private equity industry is facing a “shakeout” that could result in...
...Andrea Rossi, the chief executive of investment group M&G, has said he wants to take advantage of under-developed private credit markets in Europe and expand the business in private assets, amid warnings...
...“I understand what the government are trying to do, as everyone understands Isas,” says Nick Rolf, private client director at wealth management firm Investment Quorum....
...The change of guard in Tiger’s private equity business comes at a fraught time for the hedge fund, which saw its assets under management soar to about $90bn as public and private technology valuations surged...
...They’re favouring doing more with a smaller set of managers, rather than spreading business across a lot of managers....
...The move would mark the latest in a series of acquisitions by larger private equity groups seeking to boost their fee-paying assets and widen the array of investment strategies they offer, as fundraising...
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