Private equity takes over golf

Plus, what Elon Musk’s $56bn pay reversal means for Tesla and a telecoms game of cat and mouse in Italy


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KKR raises record $6.4bn for Asia fund in infrastructure rush

US private equity group’s bet follows other firms’ moves into sector but largely avoids deals in China


http://dlvr.it/T28SnH

How To Download and Fill SBI RTGS Form?

Real Time Gross Settlement or RTGS is a mode of fund transfer from one bank to another that happens in “real-time.” If you are an SBI customer, you need to fill out an SBI RTGS form to send your money from one bank to another in real-time. You can either download the form online or […]


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​Private equity firm McWin buys €80mn restaurant group Sticks’n’Sushi

Purchase of 95% stake is latest investment by buyout companies in hospitality and leisure sector


http://dlvr.it/T26pxH

Open SBI Statement PDF Password: Account, Yono, & Credit Cards

Like all other banks, SBI bank statements are protected by a set of unique alphanumeric characters that you require to open a statement. The password combination to open the statement could be your mobile number and date of birth or customer Identification number and date of birth. Depending on your relationship with SBI bank, you […]


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CD&R’s Morrisons sells petrol forecourts to sister company MFG for £2.5bn

The deal will help the private equity-owned supermarket service its debt pile


http://dlvr.it/T25D0f

Zurich’s sale of $20bn life insurance book to PE-backed group collapses

German group Viridium cites considerations over its ‘ownership structure’ in halting deal with insurance company


http://dlvr.it/T24Pr6

Silicon Valley investors build $300bn cash pile in start-up funding crunch

US venture capitalists are sitting on a record amount of ‘dry powder’ as they avoid risky bets on fledgling companies


http://dlvr.it/T23h5w

Blackstone’s soothsayers must confront questions of its own maturity

Shareholders expect a rosy future as shares rally at the private equity giant


http://dlvr.it/T1tDp7

Just what is Vistra Energy up to in its TRA buyout?

Cap structure clean-up


http://dlvr.it/T1svGW

Blackstone plans deal spree to pre-empt market revival

Private equity group wants to invest before prices start to rise, Jonathan Gray tells the FT


http://dlvr.it/T1sTSQ

Haleon sells ChapStick lip balm brand for $430mn

Consumer health company spun out of GSK announces deal as it strives to simplify its portfolio


http://dlvr.it/T1s4Z1

Are deals back?

Plus, modelling private credit expected returns


http://dlvr.it/T1rhj8

BlackRock goes all in on infrastructure

Inside the massive money manager’s ‘transformational’ acquisition


http://dlvr.it/T1nwNs

Carlyle seeks early loan repayment from London Southend Airport owner

US private equity group and aviation group Esken have been embroiled in a legal row for months over convertible loan


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Mid-level masters of the universe risk being sidelined in BlackRock deal

Cultural change and the potential for lower upside can drive executives away


http://dlvr.it/T1m4nq

Argus Media boss becomes majority owner as Hg sells stake

Private equity group Hg exits investment in energy and commodity data provider


http://dlvr.it/T1jDW7

Macquarie raises record €8bn for Europe infrastructure fund

Australian group’s new vehicle marks latest sign of investor appetite for critical assets


http://dlvr.it/T1hVnp

US pension funds worth $1.5tn add risk through leverage

Retirement systems allow more borrowing and derivatives as private holdings strain cash flows


http://dlvr.it/T1dtQQ

Private equity predicts deal rebound as sellers capitulate on prices

Davos dealmakers say pressure to return cash to investors will push buyout houses to sell investments despite low valuations


http://dlvr.it/T1ZmGC

Public BDCs fight against the private tide

A ripple; not a wave


http://dlvr.it/T1YL4w

Investors raise billions to buy discounted stakes in start-ups

Buyers return after secondary market for private shares was hit by higher interest rates


http://dlvr.it/T1TmDm

General Atlantic to buy UK’s Actis in bet on infrastructure growth

Chief Bill Ford says demand for capital offers investment opportunity akin to the rise of smartphones


http://dlvr.it/T1RHdw

US buyout firm CD&R hires former Tesco chief Dave Lewis

‘Stunning appointment’ underlines group’s aim to explore consumer sector investments


http://dlvr.it/T1Nw5P

Private equity has to make returns the hard way, says Goldman Sachs executive

Asset management chief Marc Nachmann warns firms can no longer rely on leverage and cheap money to fuel returns


http://dlvr.it/T1M9zb

How $12.5bn BlackRock-GIP deal could shake up investment management

Larry Fink and Adebayo Ogunlesi are betting on infrastructure investments driving private markets


http://dlvr.it/T1JxbQ

BlackRock to buy Global Infrastructure Partners for $12.5bn

Deal would create world’s second-biggest infrastructure firm and shake up private market investing


http://dlvr.it/T1HwcS

A window into private credit marks

There’s a Big Darn Category that shows loan valuations aren’t very consistent


http://dlvr.it/T1FVXp

KKR dragged into another Bill Ackman drama

Plus, pharma dealmakers make a comeback in San Francisco confab and private equity ‘whitelists’ challenged


http://dlvr.it/T1DVBS

Hedge funds take on private equity in battle for distressed companies

Buyout firms’ stranglehold over who can buy portfolio groups’ loans under threat as many lenders retrench


http://dlvr.it/T1DV0d

Terry Smith and Nick Train suffer £2.2bn in outflows

Fundsmith Equity Fund and WS Lindsell Train UK Equity Fund hit by redemptions every month last year


http://dlvr.it/T1B0gD

Blackstone’s private asset funds are tricky fit for retail investors

The overall returns upside is greater — but so is the requirement for patience


http://dlvr.it/T19L2d

Asda’s private equity owners grilled over debt and worker conditions

TDR Capital downplays concerns over UK supermarket’s multibillion-pound debt load


http://dlvr.it/T19014

Can private equity and public investors reconcile?

IPO deal recovery hinges on bridging the valuation gap


http://dlvr.it/T17psC

Bain picks first European as global chief executive

Consulting group elevates Belgian Christophe De Vusser to succeed Manny Maceda


http://dlvr.it/T17Wlj

Blackstone forges ahead with retail private equity fund

$1.3bn inflows from wealthy individuals come after redemption episode at real estate vehicle


http://dlvr.it/T1691r

Private equity targets UK accounting firms

Buyout groups hope to roll smaller companies into bigger businesses to attract larger clients


http://dlvr.it/T13SGl

US venture capital fundraising hits a 6-year low

A 60% decline in 2023 from the year before sends a gloomy signal to funders and the start-ups that rely on them


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Is private credit a systemic risk?

Betteridge’s Law strikes again


http://dlvr.it/T0y2Vf

‘Stalinist show trial’: court brawl rattles buyout industry

HIG and Audax attack each other over $900mn deal in rare legal battle between private equity peers


http://dlvr.it/T0xLfC

Private equity has a serious case of indigestion

Over time, a dearth of liquidity delays payouts for investors in existing funds


http://dlvr.it/T0trcz

Five big finance questions for 2024

The issues facing dealmaking, private equity, financial regulation and beyond


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Help wanted: fund staff who can sell wealthy investors on ‘alts’

Asset managers struggle to hire salespeople as they move into more complex products


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Private equity groups hunt for new exit strategies as cash piles up

Investors must get creative to get out of ‘a towering backlog’ of older investments and put new funds to work


http://dlvr.it/T0rj29

Banks: investors should demand more ambition on profitability targets

The amount of regulatory capital required by banks weighs down their return on tangible equity


http://dlvr.it/T0qXdz