Hints and tips:
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...Apollo’s $1.3bn private debt deal with accountancy BDO USA this month is the biggest. There have been equity purchases too....
...Today, there are about 365,000 Bloombergs on the desks of investment bankers, bond traders, equity analysts, pension fund managers, sovereign wealth funds and central bank officials....
...The companies through which the brothers own the planes, Clear Sky LP and Clear Sky 2 LP, owed EG Group $21mn as of December last year....
...The Sackler family hopes these funds will help achieve that goal.”...
...Carlyle’s co-chief executive Glenn Youngkin is to step down, leaving Kewsong Lee in sole charge of the US private equity firm....
...A year ago, when US private equity group Carlyle began its search for investors in its fourth Japan fund, demand was buoyant....
...fund managers reckon equities are over valued, but in the space of a month they are sounding a little less bearish on the economy and equities....
...Our current FY21E estimates effectively assume flat admissions versus FY19 (which were 14% below FY18 in the USA)....
...ESG funds have performed relatively well during the market rout and have had resilient inflows ytd....
...equity as currency be a driver?...
...start: Cerberus has lost faith in Deutsche Bank’s chairman Paul Achleitner and is pushing for him to be replaced, according to three people familiar with the worsening relationship between the US private equity...
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Stephen Schwarzman, the Blackstone chief executive who has gained a reputation as President Donald Trump’s favourite private equity billionaire, has long been the Da Vinci of dealmaking....
...This money has been used to fund ever-bigger spending on players — while also benefiting the US billionaire Glazer family who owns the club....
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...Hovnanian is expected to miss a payment on some of its bonds on May 1, likely triggering its CDS, as part of a controversial deal with Blackstone-owned hedge fund GSO....
...Canada’s CPPIB and Singapore state fund GIC, two of the largest global institutional investors, will be investing alongside the US private equity group....
...Its plan is to combine its stations with Tribune’s, with the private equity group helping fund the combination. A bid for Tribune would be likely to have an aggregate value of $7bn....
...With activists’ success this year — the funds are up about 12 per cent for the year, according to Preqin data — and with passive equity funds increasingly supporting activists behind the scenes, the surge...
.... ———————- Facebook v Snap Facebook | Snap Market capitalisation at IPO: $104bn | $19.7bn Funds raised at IPO: $16bn | $3.4bn Daily active users, 2016: 1.23bn | 158m Revenue, 2016: $27.6bn | $404m Profit...
...Credit Suisse analysts point out that the eventual size of the fund — more than $40bn of equity — would be about three times bigger than the largest ever infrastructure fund, a $15.8bn Global Infrastructure...
...After graduation he began work at Goldman Sachs where he rose to prominence in the investment bank’s equity research division, being made a partner and becoming the chief executive of Goldman Sachs Asset...
...Carlyle’s performance fees earned for exiting deals fell to $233m from $333m a year ago, dragged down by Carlyle Partners V, its $13.7bn buyout fund from 2007 with investments from Getty Images to money...
...Blackstone’s fund, Europe Real Estate Investors V, will target the same returns as its previous one launched in 2014 — a 20 per cent gross internal rate of return, or 15 per cent net of fees....
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