Hints and tips:
...Partners also hoped to generate some needed capital to fill a deficit in the US business pension fund. The pitch from TPG should come as no surprise....
...The deal signals the clout of BDT & MSD Partners, a firm founded last year by the merger of Byron Trott’s BDT merchant bank with the Michael Dell-backed investment group MSD Partners....
...“The discussions we are having is to potentially partner with a regional bank,” Gray said in an interview....
...SVB Capital’s former deputy general counsel Jennifer Albrecht has joined Simpson Thacher & Bartlett’s alternative capital and private credit practice as a partner in New York....
...When I last spoke to Goodall in February 2022, the company had just raised $20mn in a funding round led by Bank of America and Edenred Capital Partners....
...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....
...China Merchants Bank, the country’s third-largest lender by market value, announced the sudden removal of its president Tian Huiyu, per Nikkei Asia....
...Apis Growth Fund II, Development Partners International (DPI), Lorax Capital Partners and GB Capital. What products do you want to offer next? What we’re planning to do is disrupt other industries....
...company Lightspeed Venture Partners....
...Founded in 2015 in London, it has raised $12mn from investors including MMC Ventures, Forward Partners and Alliance Venture....
...Today, it announced it had raised $20mn in a Series A funding round led by Bank of America and Edenred Capital Partners, alongside existing investors including Acrew, Force Over Mass, Firestartr, and new...
...In February 2019 Virgin Trains USA abruptly pulled plans for an initial public offering that it had hoped would attract new capital and value the service at $3bn....
...It follows other attempts at consolidation in the industry, most recently an $8.4bn hostile bid by Altice USA for Canadian telecoms company Cogeco, which was rebuffed by the latter’s controlling family two...
...Indhira Arrington has joined Ares Management as a managing partner and global chief diversity, equity and inclusion officer....
...That does not so much help the planet as provide a decent income to the rubber-stamp merchants and those investment firms charging high fees for running ethical portfolios....
...Or they have negotiated partial or total carve-outs, as New Zealand has with several partner countries in the CPTPP....
...Bain Capital, the second most active group, is thinking back to 2008. “One of the most productive periods for us was after the global financial crisis,” said John Connaughton, its co-managing partner....
...Goldman chief executive David Solomon wants to turn its merchant bank into more of a fee-based business that raises capital from external clients, rather than one that relies heavily on investing the bank...
...“It is about who can deliver a better service and best use technology to optimise that experience,” said Jixun Foo, China-based managing partner of venture capital firm GGV, which first invested in Grab...
...Law firm Allen & Overy has announced 29 new partners. You can see the full list here....
...Shard Capital Partners, the little-known brokerage, founded by keen marksman James “Jumbo” Lewis in 2010, has been a vital conduit for the controversial financier’s trades to flow through the City of London...
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...In a short-term downturn, capital expenditures are only delayed....
...… and high cash burn and capital commitments mean leverage has taken a permanent step up....
...Hedge fund Cyrus Capital Partners, which had sold protection on Sears’ debt via CDS, tried to limit the amount it would have to pay out after the retailer went bust....
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