Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...“There are no domestic equity investors here — everything else is a symptom,” says Michael Tory, founder of advisory firm Ondra Partners....
...The moment of inspiration came during a year he spent studying abroad in Glasgow when he watched a YouTube video of the Bell Boeing V-22 Osprey military transport aircraft, which has huge rotors that tilt...
...“It’s the latest missing piece of the ecosystem,” says Julien Cordoniou, a London-based partner at venture capital firm Felix Capital....
...Jory Bell, a partner at Playground Global, a venture capital firm that has invested in the space industry, also points out that the traditional supply chain has served more of a political purpose than a...
...In the meantime, wealth manager London & Capital is also seeking healthcare and technology stocks, and providers of consumer staples....
...Large pools of money have been dedicated to this kind of lending, such as Blackstone’s GSO Capital Partners. As one banker put it, “people are falling over themselves to get into the PIK”....
...Mr Karmanov sponsored the St Petersburg judo club founded by Mr Rotenberg, a former sparring partner of Vladimir Putin, who was the club’s honorary president....
...At the outset trade finance injected liquidity earlier in the working capital cycle. Then it helped firms mitigate risk when seeking out new trading partners....
...dividend 90 per cent and slashing capital expenditure, will be enough....
...At just 30, Farrell became a founding partner of Steve Freidheim’s Cyrus Capital in 2005. DD readers may know him from Cyrus’s role in one of the most contentious CDS trades in history: Norske Skog....
...The venture firm Sequoia Capital also participated in six of the 10 fundraising rounds, armed with an $8bn pool of capital meant to rival SoftBank’s war chest. Read more here from DD’s Miles Kruppa....
...Hammerson’s down after saying it’s “considering” a rights issue and is in advanced talks to flog one of its two outlets businesses to joint venture partner APG, the company’s 19.3 per cent shareholder....
...(FT) Anger at Boeing CEO’s exit package Families of people killed in crashes of Boeing’s 737 Max reacted with anger on Sunday at the revelation that the company’s ousted chief executive, Dennis Muilenburg...
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...London-based activist Bluebell Capital Partners, which has an undisclosed stake in Cineplex, has written to the Canadian government asking for the deal to be blocked as it would pose a “significant risk”...
...And here’s a good one from Roth Capital Partners’ resources team: Good Riddance 2019, Happy New Year 2020 While it is an easy call saying good riddance to 2019, we could go much further and say good riddance...
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Cooley has hired capital markets lawyer Michael Yu as a partner in the law firm’s Hong Kong office. Yu joins from Sidley Austin where he was a counsel....
...“It is a very capital-intensive business,” he said. “The whole supply chain is run on ‘just in time’, so it is quite lean.”...
...A string of companies, including Boeing and Honeywell, have announced close to $90bn worth of share buyback programmes since the tax reforms were agreed in December....
...“The real concern for most companies contemplating an IPO isn’t the challenge of going public, it is the obligations and opportunities that come with being public,” said Lise Buyer, a partner at Class V...
...In the Salman case, the Supreme Court reaffirmed its 1983 ruling in Dirks v SEC, which held that when an insider gives trading information to a relative or friend, it is effectively the same as if the insider...
...Salman v United States lacks the Wall Street stars that made trading on insider information a defining feature of the 1980s....
...Industry insiders portray Boeing as being hidebound by complicated rules that stop the group offering even the smallest favours to local partners....
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