Purdue: the ‘chaos’ coming for bankruptcy

Plus, troubles are brewing among loans favoured by private equity, and venture capital makes a big bet on defence tech


http://dlvr.it/T8t8HC

KKR’s PR move could strain WPP’s media conglomerate model

Bid just highlights the underperforming group’s discount to the value of its parts


http://dlvr.it/T8t837

Defaults on leveraged loans soar as BoE warns on private equity’s ‘challenges’

Central bank concerned that risks in sector backing 2mn UK private-sector employees could spill over to rest of economy


http://dlvr.it/T8rc37

How private equity shapes the UK

Plus, the M&A market’s budding comeback and ad group WPP turns down KKR’s takeover bid for its PR unit FGS Global


http://dlvr.it/T8qTcS

How has private equity shaped the UK economy?

Labour wants to increase taxation of buyout bosses, who have amassed huge profits over the past two decades


http://dlvr.it/T8qTT0

Carlyle and KKR beat rivals to win $10bn Discover loan portfolio

Auction attracted some of the biggest names in private credit


http://dlvr.it/T8q2bZ

KKR bids to take control of corporate PR firm from WPP

Private equity group’s recent offer for FGS Global was knocked back by WPP for being too low


http://dlvr.it/T8pQj3

Blackstone switches to ‘best and final’ offer for Hipgnosis

US private equity group moves to stop hedge funds with stakes in music rights owner from pushing for higher price


http://dlvr.it/T8lsky

Blackstone draws €1bn into European private credit fund

US asset manager aims to double size of fund in the next year


http://dlvr.it/T8kh4Q

Debt market boom delays Europe’s real estate bust

As banks rein in their commercial real estate exposure, borrowers are turning elsewhere


http://dlvr.it/T8kN4j

Private equity sale of can maker reaps rare windfall from buyout boom

KPS deal to sell Eviosys comes as dealmakers have struggled to exit a growing stockpile of ageing investments


http://dlvr.it/T8hfNy

HPS amasses $21bn private credit fund as it plots expansion

Investment manager has doubled in size in four years and is now considering IPO or merger


http://dlvr.it/T8gyr3

Private equity roll-ups bet energy transition will go slow

Carlyle rushes in where others fear to tread


http://dlvr.it/T8cMRl

KKR buys owner of European music festivals in €1.3bn deal

US buyout firm to acquire UK group behind festivals including Germany’s Wacken Open Air and Cornwall’s Boardmasters


http://dlvr.it/T8bR44

Using Options to Hedge a Stock Portfolio

As well as being useful trading instruments, options can be used to hedge and manage the risk in an investor’s stock portfolio.  Basics of Options for Hedging Options are financial instruments which give the holder the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset, such as equities, […]


http://dlvr.it/T8ZbHy

Elliott and Carlyle square off in $4bn debt dispute over software company

Clash over tech group Veritas portends future stand-offs between private equity and distressed debt investors


http://dlvr.it/T8Z1Rt

Private equity swerves to avoid another costly Hertz bankruptcy

Fresh cash will buy some breathing room but the costs involved will soak up much of any subsequent value creation


http://dlvr.it/T8YKZF

Buyout firm Carlyle to build Mediterranean oil and gas group

Ex-BP boss Tony Hayward will run group after buyout firm acquires assets in Italy, Egypt and Croatia from Energean


http://dlvr.it/T8Wll2

The ‘equitification’ of credit

Public and private markets are seeing big changes that provide new options for investors


http://dlvr.it/T8WT0H

How Permira killed the Golden Goose IPO

Buyout group’s last-minute decision not to list high-end footwear brand followed fractious talks with advisers


http://dlvr.it/T8VnvV

Luxury sports brand Golden Goose postpones plans for Milan listing

Company expresses concern about market conditions following European elections and calling of French poll


http://dlvr.it/T8SnV8

Why UK private equity is ‘encouraged’ by Labour’s signals on promised tax crackdown

Shadow chancellor Rachel Reeves’s comments were received well by those who believe she has opened the door to less harsh options


http://dlvr.it/T8SJqB

Hargreaves Lansdown supports £5.4bn private equity takeover

Consortium led by CVC makes improved offer for retail investment platform


http://dlvr.it/T8RYhF

Labour’s private equity tax crackdown to exempt bosses who risk their own capital

If executives invest their own money in a deal, earnings would be taxed as a capital gain rather than income


http://dlvr.it/T8QTg1

Private credit’s ‘damage control’ moment

Plus, Deutsche Bank goes on a hiring spree to beef up dealmaking and UBS tries to fix Credit Suisse’s Greensill mess


http://dlvr.it/T8QTVD

A buyout gone wrong creates fireworks in the private credit market

Lenders are considering their options at Pluralsight, a distressed company owned by private equity firm Vista Equity Partners


http://dlvr.it/T8N54Z

Hargreaves Lansdown co-founder says price ‘not main consideration’ for selling business

Stephen Lansdown says he wants to know what any new owner would do with the retail investment site


http://dlvr.it/T8K3yP

Carlyle explores sale of electric power producer Cogentrix

Generation facilities are suddenly hot assets as AI is expected to drive strong new demand for electricity supply


http://dlvr.it/T8HxLn

Silicon Valley’s Lightspeed Ventures shifts focus to secondary markets

Move is a sign of how traditional investment models are under threat by a challenging VC environment


http://dlvr.it/T8GwCZ

Private equity gets carried away in the UK

Plus, how David Ellison’s bid for Paramount collapsed and the steep geopolitical battle to buy a US ammunitions maker


http://dlvr.it/T8Ftb4

Private equity group Permira’s new bosses

Plus, Golden Goose gears up for its roughly €2bn IPO and social media app BeReal’s real price


http://dlvr.it/T8CP6d

Private equity firms collect $1tn in fees at reduced tax rates

Oxford professor’s report highlights gentle treatment at time of heightened political scrutiny over ‘loophole’


http://dlvr.it/T8CNtY

Labour will consult on plan to raise tax on private equity bosses

Sir Keir Starmer to promise to put ‘wealth creation’ at heart of his election manifesto


http://dlvr.it/T8CB9c

Permira appoints co-CEOs to succeed Kurt Björklund

Brian Ruder and Dipan Patel to take reins at €80bn private equity group as outgoing chief moves to executive chair


http://dlvr.it/T8BLqg

How would you spend GameStop’s $4bn?

Plus, private equity circles even more accounting firms and Citi’s new top hires spur succession speculation


http://dlvr.it/T88sqh

Private equity groups poised to own one in three top US accounting firms

A wave of talks with financial bidders comes as regulators voice concern about audit quality and ‘tone’


http://dlvr.it/T86Jtd

Explosive ammo M&A bids leave shareholders with a dilemma

Vista Outdoor thinks partial break-up bests PE buyout offer


http://dlvr.it/T85HxS

Takeover battle over Remington ammunition heats up after a new $2bn approach

Vista Outdoor fields all-cash offer from US investment group raising prospect of a three-way bid battle


http://dlvr.it/T85Hc1

Private equity and professional services firms face HMRC crackdown

UK tax authority’s view on salaried members could see LLPs landed with backdated bills


http://dlvr.it/T83np9

Archie Norman blames pension funds for decline of London’s stock market

M&S chair says accounting changes that forced schemes to switch to bonds has reduced available money for UK stocks


http://dlvr.it/T81ylL

IPO of Bill Ackman’s Pershing Square sets up test for the hedge fund world

Can listed management companies maintain investment performance as they scale up?


http://dlvr.it/T80CWF

TDR to acquire majority stake in Asda as Issa brothers formalise split

Move will see Zuber exit supermarket chain and take step back from EG Group


http://dlvr.it/T7ybpb

There are risks lurking in the world of private capital

A recent court ruling against SEC reforms of the sector is an unfortunate blow to transparency and fairness


http://dlvr.it/T7xsgk

Private equity bosses warn of lower returns

Buyout groups assess challenge of selling trillions of dollars worth of companies so they can return cash to investors


http://dlvr.it/T7wvhV

Battle for US owner of Remington ammunition brand heats up

Investment firm MNC is seeking to disrupt an agreed $2bn acquisition by Czech CSG by raising its offer for Vista Outdoor


http://dlvr.it/T7wY5J

New SEC rules on private funds thrown out by US appeals court

Fifth Circuit’s decision could imperil other wide-ranging reform efforts by US regulator


http://dlvr.it/T7t4mT

StepStone raises record cash pool to buy venture capital stakes

Private capital group spots opportunity to purchase discounted holdings from investors seeking exits


http://dlvr.it/T7rtB4

Is Lazard’s new boss lonely at the top?

Plus, EQT’s Jean Salata on China’s investment risks and why the UAE wants to team up with the US on artificial intelligence


http://dlvr.it/T7rc2g

Can anyone afford an NBA team?

Inside the financing deal gone wrong to buy the Minnesota Timberwolves


http://dlvr.it/T7rbr9

Hedge fund short sellers burnt by flurry of UK takeover bids

Managers scale back or ditch bets against London-listed stocks after M&A activity drives sharp share price rises


http://dlvr.it/T7p4K6