Hints and tips:
Related Special Reports
...The new owner was originally cloaked by his limited liability company, but Son was revealed to be the buyer a few months after the purchase by the Los Angeles Times....
...The changes meant Ruffer Management Limited was no longer a controlling entity in the Ruffer limited liability partnership....
..., sending expenses to its funds that they managed rather than retaining those expenses at the management company....
...Liability management is a fancy catch-all term for strategies used by companies and their private equity sponsors to reduce or push out their debt maturities — typically hurting existing investors in the...
...limited liability partnership....
...On Tuesday, International Paper confirmed that it had made a takeover proposal for UK group DS Smith, raising the possibility of a bidding war for the company, which has already reached a deal with Mondi...
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
...Apollo has recent history in taking a run at publicly traded UK companies, although it has had limited success in getting deals done....
...Here, the cybernetic solution is to require private equity investors to guarantee the debts of takeover targets, sealing off the great accountability sink of limited liability....
...Hedging limited the benefit from the interest rate rises. The fall in liabilities of just over a third in the three years to 2023 was matched by a similar decline in the valuation of assets....
...These stop-gap solutions amid a slowdown in dealmaking are leading to worries that the industry has drifted too far away from simply improving companies....
...Cathie Wood’s Ark Investment Management has a new pitch to investors who might be concerned by the asset manager’s huge losses owing to rising interest rates — think of the tax write-offs....
...of telecommunications group Brightspeed....
...“Advertisers for the sake of reputations and legal liability need to demand a heck of a lot more transparency than what they’re getting,” she added....
...has become more difficult and investors concentrate their bets on a smaller group of asset managers....
...But that suddenly changed in July when longstanding wealth management group Zhongzhi ran into payment difficulties, making it the focal point of concerns about a potential spillover from a real estate cash...
...Shleifer was one of Tiger’s first hires and spotted enormous opportunities from ascendant technology companies, particularly in China, where he was an early backer of ecommerce groups such as JD.com and...
...Breaches of those provisions, however, are typically capped at a small dollar amount and any liability is typically directed at the company itself....
...Waste-management companies like Republic Services also say they see an opportunity for profit....
...One thing to start: The head of Lazard in Sweden has been charged with aggravated bribery linked to a takeover of a Swiss company by engineering group Atlas Copco....
...The new owner’s identity was initially cloaked by his limited liability company. The Los Angeles Times revealed a few months after the purchase that Son was the buyer....
...As a result, even if, say, a Citadel or Millennium has God-level risk management skills and Satan-level capital lock-ups, it’s easy to envisage a scenario where a smaller, less adept multi-manager hedge...
...Days before the asundexian revelation, the group was hit by a huge litigation loss in the US, where a Missouri jury ordered the company to pay more than $1.5bn to plaintiffs who blame Roundup, which joined...
...Management....
...A key challenge is that there are limited options for asset owners who want to continue investing in big energy companies while managing their fiduciaries’ exposure to climate risk....
International Edition