Hints and tips:
...Groups including Apollo, Blackstone, Carlyle and KKR have flooded into insurance since the global financial crisis, as life insurers retreated from capital-intensive businesses in an era of rock-bottom interest...
...Carlyle, which holds debt in the loan structure that backs Very, is also involved in the talks, the people added....
...Firms including Apollo, KKR and Carlyle have also increasingly focused on credit, in a shift away from the leveraged buyouts that used to be their main focus....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...Apollo, Brookfield, Carlyle, KKR and JPMorgan all declined to comment....
...During his speech in Athens in 2006, European Central Bank vice-president Lucas Papademos quoted Adam Smith’s warning against collusion: “People of the same trade seldom meet together even for merriment...
...asked Norway’s government if it can be allowed to invest in private equity, which could mean an allocation of up to $160bn for the sector — equal to the entire private equity arms of Blackstone, KKR or Carlyle...
...More sports news: Private equity billionaire David Rubenstein, the co-founder of The Carlyle Group, plans to buy the Baltimore Orioles baseball team alongside an investor group including Michael Arougheti...
...And here’s what else I’m keeping tabs on today: Results: Private equity group Carlyle publishes results this morning....
...Smart reads From rugs to riches Drop everything you are doing and read this insane story by DD’s Robert Smith on how an alleged ex-gang member is tied to the Koch Industries-backed royal carpet maker Victoria...
...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....
...A battered desk designed and used by Sir Terence Conran, the British product designer and retailer, was among several sold at his London estate sale last year for £2,200 — nearly three times its lowest estimate...
...Results: KKR, Carlyle Group, DR Horton and Squarespace will report their latest quarterly earnings before Wall Street opens....
...And DS Smith isn’t alone....
...The stylist grew up in the suburbs but visited Manhattan a lot, including staying at a friend’s apartment in the renowned Carlyle Hotel, which she describes as “one of the most glamorous places on earth,...
...Firms like Vista Equity Partners and Carlyle are increasingly using the technique. Take a break from the news Who is the all-time greatest chess player?...
...Read more on how Jack Smith plans to prosecute his case against the former president....
...Researchers at Carlyle Group have warned that the rising cost of debt has dramatically lowered interest coverage ratios across the private equity universe, a metric that many lenders and rating agencies...
...“We had a number of clients who said ‘I’m not going to pay you all that now, I’ll do it over a different timeframe,’” said Tamara Box, Reed Smith’s Europe and Middle East managing partner....
...Harvey Schwartz has been holding extensive reviews at Carlyle Group after taking over as chief executive in a bid to present himself as a keen listener, in contrast with his reputation as a corporate bruiser...
...Carlyle Group, Moderna, ConocoPhillips, Kellogg, Coinbase, Lyft and Expedia also report. Economic data: The US and Canada report trade figures and jobless claims for the week ended April 29....
...Rolls-Royce has hired BP veteran Nicola Grady-Smith as chief transformation officer....
...New Carlyle chief could make $180mn in 5 years Carlyle Group’s new chief executive Harvey Schwartz stands to make more than $180mn over the next five years, a pay deal that would make him one of Wall Street...
...Carlyle courts ex-Goldman veteran for top job The private equity group has spoken to former Goldman Sachs executive Harvey Schwartz about taking the vacant chief executive position, said two sources familiar...
...Exclusive: Carlyle sounds out Wall Street bankers over CEO role As the private equity titan tries to conclude a months-long search for a new leader, it has entered talks with two Wall Street veterans, the...
International Edition