Hints and tips:
...Treasure chest Shareholders are starting to ask questions over who really owns the art on companies’ balance sheets, the FT’s Leo Lewis writes....
...“Our commitment to Japan continues to go up, not only in private equity but in real estate, infrastructure and our credit business,” Henry McVey, chief investment officer of KKR’s $25bn balance sheet, told...
...“Once companies, especially financial services companies, get to the $50bn market cap, their stock performance suffers,” Nuttall said. “Investor returns become more anaemic. Their growth slows.”...
...As such, the sale agreement by the Angelos family to Rubenstein and company caught Maryland state officials by surprise....
...The company reported a $40mn drop in expenses on an annualised basis during the quarter, about 85 per cent of which came from pay....
...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....
...That is likely to be a fraction of the amount earned by Blackstone co-founder Stephen Schwarzman and KKR’s Henry Kravis and George Roberts....
...In Red Memory (Faber/WW Norton), Tania Branigan profiles survivors of China’s Cultural Revolution and how they deal with the collective trauma of the violent decade....
...Stavros has advocated sharing the firm’s equity on buyouts with the rank-and-file workers inside its portfolio companies....
...Founded in 1976 by Henry Kravis and George Roberts, KKR helped shape the modern private equity industry and manages about $367bn in assets....
...and Rosie Collington (Allen Lane) Leading progressive economist and her co-author investigate the damage — poor innovation, lack of accountability — brought about by the over-reliance of governments and companies...
...KKR co-founders Henry Kravis and George Roberts each earned more than $100mn in 2021 as buoyant financial markets caused the private equity group’s profits to soar....
...It was a stunning result, which the firm hasn’t hit since the 1980s, when founders Henry Kravis and George Roberts were hailed (and derided) as Wall Street’s barbarians....
...Henry Kravis and George Roberts, two of the co-founders of $57bn private equity titan KKR, are to step down from their positions as co-chief executives of the firm....
...KKR’s approach not only created a $4tn investment industry that transformed how thousands of companies were run, but even affected the way stock market-listed companies do business....
...Henry Kravis and George Roberts, whose swashbuckling leveraged buyouts of the 1980s made them the face of the private equity industry, are stepping down as co-chief executives of KKR, the eponymous firm...
...As the FT’s Lex Column notes, the heirs apparent to co-founders Henry Kravis and George Roberts both have plenty of incentive to see KKR’s stock perform already....
...Henry Kravis and George Roberts didn’t yet rank as billionaires, according to that year’s Forbes list of the richest Americans....
...Henry Kravis and George Roberts — who have presided over nearly 50 years of corporate raiding as the second K and the R of the private equity firm KKR — are stepping down as co-heads of the firm....
...No one understood the concept of “other people’s money” better than Henry Kravis and George Roberts 35 years ago....
...Meanwhile, the architects of the mega-deal, KKR’s Henry Kravis and George Roberts, began a rapid ascent, creating one of the most formidable financial empires Wall Street has seen and leaving a $4tn investment...
...Axel Springer connects a cast of powerful and well-known characters including KKR’s Henry Kravis, former CIA head David Petraeus, billionaire Palantir co-founder Alex Karp, and Axel’s chief executive Mathias...
...In October KKR co-founders Henry Kravis and George Roberts named Bae and Nuttall as co-chief executives, handing over the reins of the eponymous firm they founded in 1976....
...Henry Kravis and George Roberts stepped aside as KKR co-chief executives last week, having created a private equity behemoth with more than $429bn of assets under management....
...The FT’s Henry Mance enters the digital world to find out if the project, unlike his Metaverse avatar, has legs....
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