Goldman’s private equity deal with China state fund warrants regulatory scrutiny

China Investment Corporation has largely been a passive backer of western private equity funds, but the devil is in the details
http://dlvr.it/SvT1WC

Goldman bought UK and US companies using Chinese state funds

Deals tapped private equity ‘partnership fund’ that the bank set up with China’s CIC
http://dlvr.it/SvN5Dq

Inside Goldman Sachs’ private equity partnership with China

Plus, Europe’s challenger banks face challenges of their own and investors pull back on alternative investments
http://dlvr.it/SvMRQm

Alternative investments lose steam as fundraising slows down

Investor says ‘it’s all changed’ as inflows drop by hundreds of billions of dollars
http://dlvr.it/SvJptJ

End of family ownership looms for sandwich maker Subway after $9bn deal

Sale signals renewed appetite from banks to finance private equity buyouts
http://dlvr.it/Sv78wT

Blackstone revives retail buyout fund launch after redemption turmoil

Private equity vehicle for individuals was shelved last year after group’s flagship property fund restricted withdrawals
http://dlvr.it/Sv5Ydd

US regulators impose tougher disclosure rules on private funds

SEC adopts the biggest shake-up of private equity, real estate and hedge funds in more than a decade
http://dlvr.it/Sv4YtD

Apollo sued over $570mn tax payout to top executives

Pension fund says windfall payout to private equity titans is unjustified
http://dlvr.it/Sv49rX

Private equity firms such as KKR and Bain hand over distressed companies to rivals

Trend shows rising power of lending arms of buyout groups and industry struggles
http://dlvr.it/Sv2j9V

Engineer Wood Group lifts guidance after ‘significant contract wins’

Move comes despite UK oil engineering company posting 26% fall in first-half operating profits
http://dlvr.it/Sv0h8R

Weinstein, Ackman and Lasry make a play for Sculptor

Plus, US competition watchdogs target private equity firms and Brazil’s battle for chemicals
http://dlvr.it/Sv0JTG

Finastra/buyouts: sunk costs come to the fore as deals hit rocks

New equity in old buyouts can create conflict of interest risk
http://dlvr.it/StzGHZ

Drought causes headaches for Panama Canal

Iran deals with the consequences of ultra-cheap petrol
http://dlvr.it/StxGLC

US regulators raise pressure on board members at competing companies

Federal Trade Commission joins Department of Justice antitrust division in scrutiny of ‘interlocking directorates’
http://dlvr.it/Stw6NC

Private credit extracts tough terms from buyout shops lacking options

Vista Equity agrees to invest $1bn in fintech Finastra in return for $4.8bn refinancing
http://dlvr.it/SttCvZ

A private credit primer

Courtesy of UBS
http://dlvr.it/StqSnW

Hayfin raises €6bn to lend to European companies

London-based firm attracts investors despite dealmaking slowdown
http://dlvr.it/StpjBJ

EY rejects TPG plan to break up firm

US buyout group had proposed to take stake in consulting arm
http://dlvr.it/StkdH8

Why a European private equity giant wants to go public

Plus, private equity eyes the NHS and Country Garden poses another test for Beijing
http://dlvr.it/StjRC8

Apollo calls off Yellow bankruptcy manoeuvres with $500mn loan sale

Investor cuts exposure to failed US trucking company after jockeying over debtor-in-possession financing
http://dlvr.it/SthmPt

TPG approaches EY about buying stake in consulting arm

Deal with private equity group would allow Big Four firm to revive break-up plan
http://dlvr.it/SthV2v

BDCs’ big promises

http://dlvr.it/Stg111

Superstar lawyers: the poaching war between Paul Weiss and Kirkland

Plus, Apollo gets into the accounting business and retail investors give Buffett a boost
http://dlvr.it/StflT9

Private equity group CVC revives listing plans

European buyout firm targets multibillion-euro IPO in Amsterdam and potentially before year-end
http://dlvr.it/StdjCw

Paul Weiss poaches Kirkland lawyers in London and US

Elite US law firm hires private equity and debt finance specialists as competition for top lawyers intensifies
http://dlvr.it/StdHD1

Private equity groups bet on UK healthcare as NHS waiting lists grow

Number of deals in sector hits highest level in a decade despite wider M&A slowdown
http://dlvr.it/StZSgQ

BDO partners in line for windfall after $1.3bn debt deal with Apollo

Move comes after accountancy firm abandoned traditional partnership model
http://dlvr.it/StXJb8

Owner of UK holiday resort Center Parcs races to seal sale

Advisers to Brookfield try to fashion consortium from remaining bidders
http://dlvr.it/StX4Jh

US investors face uncertain future in China after tech ban

Private equity and venture capital funds targeted in Biden administration’s crackdown
http://dlvr.it/StTHj1

CVC explores sale of troubled Kenyan tea plantation

Kericho site in Kenya had a history of violence and sexual abuse allegations before Unilever sold it to private equity last year
http://dlvr.it/StRkJp

Marc Rowan’s ‘great times’ private credit speech

Dancing in the streets
http://dlvr.it/StJRZR

How financial engineering in Bermuda boosted Apollo

Management says equity capital raised offshore is proving a ‘game changer’
http://dlvr.it/StHrPZ

Goldman Sachs: is there anybody out there?

Plus, Apollo boss Marc Rowan signals the end of an era for private equity
http://dlvr.it/St9sm9

Tiger Global builds big Apollo stake in shift from tech bets

Chase Coleman’s hedge fund also makes investments in aerospace and healthcare
http://dlvr.it/St9RnG

Apollo chief warns private equity industry ‘in retreat’ as rates rise

Buyout groups must ‘go back to investing in the old-fashioned way’, Marc Rowan says
http://dlvr.it/St8qxg

Inside EY’s brewing succession battle

Plus, Harvey Schwartz confronts a big challenge at Carlyle
http://dlvr.it/St7GjB

Brookfield and Sequoia offshoot launch fund to target discount-priced start-ups

Pinegrove Capital hopes to take advantage of plunging valuations of venture-backed groups
http://dlvr.it/St6ZjB

Carlyle profits hit by slowdown in dealmaking

Chief executive Harvey Schwartz vows to be ‘disciplined’ in plotting recovery for buyout group
http://dlvr.it/St5Mgc

Institutional investors take to the pitch

Is private capital the new source of funding for US pro sports?
http://dlvr.it/St4dQ8

Blue Owl: Rees’s pieces must mesh to keep egos and investors sweet

Alternatives asset manager insists its disparate pieces fit together
http://dlvr.it/St3c8c