Hints and tips:
...Most of its clients are institutional investors and the firm is not planning on going after the retail market, said a person familiar with the situation....
...Last week, Oaktree Capital co-founder Howard Marks told clients the group was trying to raise $10bn to fund loans for big buyouts....
...investments with his own funds and money from his family foundation, including in South Korean ecommerce company Coupang and Winners Alliance, a subsidiary of the Professional Tennis Players Association co-founded...
...It is now attempting to navigate the twists and turns towards retail capital. The latest effort is the semi-liquid buyout fund....
...Some three-quarters of these retail shareholders voted for Disney’s nominees, said a person familiar with the matter....
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
...Then, late on Tuesday, Carlyle Group co-founder David Rubenstein reached an agreement to buy Major League Baseball’s Orioles for $1.73bn....
...The trio named two dealmakers, Glenn Youngkin and Kewsong Lee, as co-heads in 2017, but Youngkin departed three years later amid conflict with Lee....
...His efforts included a conversation with an unnamed “board member I knew at BI” and approaches to KKR co-founder Henry Kravis, its co-CEO Joseph Bae and Axel Springer’s Döpfner....
...Apollo has appointed Harry Seekings as co-head of infrastructure. He joins from InfraRed Capital Partners....
...Blackstone’s leaders Stephen Schwarzman and Jonathan Gray have been tantalised by the opportunity to sell Blackstone products to “retail” investors with almost no exposure to private markets....
...“All of a sudden we weren’t decentralised,” said Darren Cohen, co-head of growth equity. “We have a structure that can compete.”...
...In September, Carlyle shut its US consumer, media and retail private equity investment group and dismissed some investment staff....
Seibu’s flagship store in Tokyo to close for one day in protest at planned sale to US investment fund
...FL Entertainment and TowerBrook will become minority shareholders in the group, which is still majority controlled by its co-founders, including Isabelle Chouvet....
...It’s not just PacWest,” said Joel Holsinger, co-head of alternative credit at Ares. “This is the first inning....
...Those pressures burst into the open late last year in an episode that caught co-founder Stephen Schwarzman and his heir apparent Jonathan Gray off guard after investors started to remove money from the New...
...Jope will be replaced by Hein Schumacher, chief executive of the Dutch dairy co-operative Royal FrieslandCampina. Schumacher previously worked at Heinz, where Peltz was also an activist investor....
...News round-up US regional lenders PacWest and Banc of California agree merger (FT) Qatar sovereign fund seeks stake in Mukesh Ambani’s retail arm (FT) Altice co-founder placed under house arrest in Portugal...
...Ultimately, the activist has characterised himself and shareholders, the vast majority of whom are retail investors lucky enough to invest alongside “the iconic Mr Icahn”, as victims....
...The KKR vehicle, known as Krest, is a private fund aimed at wealthy retail investors....
...Bloomberg LP is wedded to the idea of one price, one product — the ultimate bundle....
...Horbach is one of the most senior female investors in the private equity industry who founded Carlyle’s consumer and retail-based investment team....
Investors have much riding on clash between New York activist and West Coast media giant
...Disney has many retail investors with an emotional connection to the company, and Iger was believed to have strong institutional support....
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