Hints and tips:
Related Special Reports
...The Merlin range has nearly a fifth of its equity assets — or £1bn — in two funds managed by Whitmore: the £2bn Jupiter UK Special Situations fund, and the £930mn Jupiter Global Value Equity fund....
...An agreement is expected next week, according to three people familiar with the situation, which would lead to a formal withdrawal....
...Elliott’s demand for the buyback, according to people familiar with the situation, follows a secretive, year-long stakebuilding process by the US fund that has made it one of Mitsui Fudosan’s top five shareholders...
...Previous bidders. including a consortium led by hedge fund manager Paul Marshall, and Daily Mail-owner DMGT, have already indicated their interest in the Telegraph, according to one person close to the situation...
...situations funds....
...These include Hong Kong-based Seiga Asset Management, Magnetar Asset Management and subsidiaries Blackstone Real Estate Special Situations Advisors and BX LCS....
...Alex Savvides is expected to join Jupiter by the Autumn of 2024 and, upon arrival, will assume management of the £2.1bn Jupiter UK Special Situations Fund....
...He launched the fund in 2011, raising $1bn and making early investments in companies, including Slack....
...Unicef USA hopes its framework and toolkit can change this situation, making more private capital available for efforts to improve children’s lives today — and their prospects as they grow up to become workers...
...Frankly, a special administration might offer a cleaner proposition to invest new funds, with a slice of the group’s £18.3bn debt pile removed....
...The special committee agreed at the weekend to open talks with Apollo, according to a person familiar with the situation....
...Whitmore will be replaced by Alex Savvides, who will join from JO Hambro Capital Management to take over the special situations fund....
...First-tier tribunal judgment in Odysea Ltd vs London Borough of Waltham Forest, 2024: 1....
...The UK Special Situations Fund will be managed by Alex Savvides, who will join from J O Hambro Capital Management, Jupiter said....
...Chris Weston, the utility’s chief executive, told Radio 4 that special administration was “a long way off” and could be avoided if shareholders agreed to provide funds....
...Shareholders, which include the pension funds Omers and USS as well as the Abu Dhabi and Chinese sovereign wealth funds, would take losses estimated at £5bn, a fact they acknowledged in March when they refused...
...It’s therefore only appropriate to review why this listing developed into a “win-win-win situation.”...
...Analysts said investors remained wary of the substantial debtloads the casino groups took on to fund operations during the Covid-19 pandemic....
...“It’s a serious situation, we have been giving it a lot of consideration and thinking about it very carefully,” Lucas said....
...The FTSE 250 £1bn Fidelity China Special Situations trust will absorb the assets of Abrdn’s China Investment Company....
...Thames Water’s shareholders — which include pension funds Omers and USS as well as the Chinese and Abu Dhabi sovereign wealth funds — are dissatisfied with progress in the discussions with Ofwat, according...
...Advisers recommend forecasting each spouse’s financial situation if the other were to die. For example, your state pension ends when you die — and this can make up a key part of the household income....
...Hunt declined to say if Thames Water could head into a special administration regime, saying the Treasury “prepare for all possible outcomes in situations like this”....
...On Monday the Financial Times revealed that US hedge fund Elliott had been buying the bonds....
...“If a large amount of funds are locked in long-term bonds with low yields, and if the cost of the liability increases significantly, the funds will be caught into a passive situation of sizeable drawdowns...
International Edition