Wednesday, July 31, 2024

Ares raises record $34bn private credit fund

Investors pile into private credit, with HPS and Goldman Sachs among those to have raised blockbuster funds


http://dlvr.it/TBJyC6

Tuesday, July 30, 2024

Top BlackRock executive benefits from unusual ‘points-style’ bonus pay

Rob Kapito in line for at least $20mn in retirement incentives beyond annual pay and company stock


http://dlvr.it/TBHr4W

Fertility app Flo valuation reaches $1bn as women’s health market takes off

Private equity firm General Atlantic backs start-up as it turns to ‘untapped’ market of those experiencing menopause


http://dlvr.it/TBGVND

Monday, July 29, 2024

Elliott brews up trouble at Starbucks 

Plus, Carlyle sticks with its oil and gas investments, and BlackRock’s Larry Fink takes his time finding a successor


http://dlvr.it/TBFLV7

US accounting firms rethink global networks

Mid-tier outfits under increasing pressure to overhaul networks as more clients want international services


http://dlvr.it/TBFLGm

UK starts tax crackdown on non-doms and private equity bosses

Government launches plans affecting buyout industry and wealthy foreigners living in the UK


http://dlvr.it/TBDPyn

Simplifying SBI Credit Card Login: Step-by-step Guide and Tips

Congratulations on taking charge of your finances! Navigating the world of credit cards can feel overwhelming at first, but with the right knowledge, you can unlock a world of convenience and potential rewards. This guide focuses on a crucial first step: securely accessing your SBI Credit Card account. But we won’t stop there!  Unlocking Your […]


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Sunday, July 28, 2024

The Carlyle outpost still investing in oil and gas

US buyout group’s London-based energy division combines counterintuitive strategy with commitment to cut emissions


http://dlvr.it/TBBh1x

Olympus’s $2bn Soliant sale is rare profitable exit from buyout stockpile

Private equity firms have been sitting on about 28,000 unsold companies worth $3.2tn


http://dlvr.it/TBBgnt

Friday, July 26, 2024

European credit group Hayfin Capital nears buyout deal

Acquisitions of investment shops have been viewed as a means of catapulting ahead in $1.7tn private credit market


http://dlvr.it/TB6Lnw

Thursday, July 25, 2024

Blue Owl is bidding hard for the private capital big leagues

The nascent firm created by a 2021 Spac merger will soon manage more than $200bn


http://dlvr.it/TB4x4g

Tuesday, July 23, 2024

Who’s exposed to private equity’s web of debt?

Plus, how Google’s plans to buy Wiz fell apart and GIC looks to buy western companies’ China businesses


http://dlvr.it/TB0703

How private equity tangled banks in a web of debt

Complex layers of leverage could pose a threat to the global economy


http://dlvr.it/TB06kt

Singapore’s GIC looks to buy western groups’ China units

Sovereign wealth fund sees ‘opportunity’ as companies exit the mainland amid geopolitical tensions


http://dlvr.it/T9zWYK

Transparency rules for US private funds lapse after SEC allows deadline to pass

Appeals court ruling that found financial regulator had exceeded its authority will stand


http://dlvr.it/T9ysQP

What are the 5 easiest ways to improve your financial trading skills?

Financial trading is a complex task that offers a unique opportunity to make huge sums of money when executed properly. In this dynamic world, where everybody tries to outsmart others, proper education and preparation play a crucial role in developing profitable strategies. Despite being complex, there are still easy ways to improve your trading skills […]


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Monday, July 22, 2024

Pension funds pressure private equity over labour risks

Calpers and New York State Common Retirement Fund push firms for stronger labour protections


http://dlvr.it/T9w4jT

Mubadala buys majority stake in buggy brand Bugaboo

Bain is selling a stake in deal that values Bugaboo at several hundred million pounds


http://dlvr.it/T9vj0x

Sunday, July 21, 2024

How to tax private equity properly

A protracted game of chicken is under way over the ‘carried interest’ loophole


http://dlvr.it/T9vNxX

Friday, July 19, 2024

Hargreaves Lansdown extends £5.4bn takeover offer deadline again

Investment platform says discussions with private equity consortium led by CVC ‘ongoing’


http://dlvr.it/T9p3ym

Thursday, July 18, 2024

Banks risk coming late to the private credit party

The attractions for private credit funds of asset-backed lending are clear


http://dlvr.it/T9mS7j

Blackstone increases pace of investment as it bets on looming interest rate cuts

Jonathan Gray says portfolio of world’s largest alternative asset manager shows signs of inflation waning


http://dlvr.it/T9lfdg

Wednesday, July 17, 2024

Grant Thornton weighs deal to unite transatlantic affiliates

Accounting firm’s US arm has proposed takeover of UK and Irish businesses


http://dlvr.it/T9l0lF

Monday, July 15, 2024

How ‘magic circle’ firm Freshfields won big in the US

Plus, the venture capital firms poised for a potentially massive Wiz payday and private equity retreats from returning cash with NAV loans


http://dlvr.it/T9f3rS

Private equity lawyers wince after bankruptcy court ruling

Federal judge points to conflict in relationships with financial sponsor and debtor in Chapter 11 case


http://dlvr.it/T9cLmH

Sunday, July 14, 2024

BlackRock’s private market ETF ambitions draw scepticism

Preqin acquisition gives access to data but does not solve problems such as illiquidity of assets, say industry observers


http://dlvr.it/T9bhX0

Private equity firms slash use of risky debt tactic to fund payouts

Use of fund-level net asset value loans to pay dividends falls 90% after institutional investors raise concerns


http://dlvr.it/T9bh6Y

Friday, July 12, 2024

Excesses of cheap money era are provoking ‘creditor-on-creditor violence’

Investors pay the price for flocking to so-called cov-lite leveraged loans with reckless abandon


http://dlvr.it/T9X2hH

Thursday, July 11, 2024

Wall Street groups to buy software maker Envestnet for $4.5bn

Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients


http://dlvr.it/T9T3zC

Wednesday, July 10, 2024

Brompton boss says decision to shun private equity helped weather downturn

Britain’s largest bicycle maker wanted long-term investors to help it pay down debt rather than increase leverage


http://dlvr.it/T9RLVL

Tuesday, July 9, 2024

A borrower’s struggles highlight risk lurking in a surging corner of finance

Investors face a wide-ranging estimate of losses on loans to Pluralsight after demand for its training videos fell


http://dlvr.it/T9Nybt

Private equity drives a hard bargain in bank rescues

The numbers are tilted in favour of the Wall Street vultures stumping up capital


http://dlvr.it/T9NyS9

Temasek’s bet on private equity and China

Plus, lawyers try to make billions after nixing Elon Musk’s $56bn pay deal


http://dlvr.it/T9NyGG

Temasek to prioritise US deals and stay cautious on China

Singapore state-owned investor ‘not in a hurry’ to invest in AI and warns of ‘hype’ in sector


http://dlvr.it/T9Lqlw

Monday, July 8, 2024

BlackRock among blue-chip investors as Melrose corporate raiders return

New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market


http://dlvr.it/T9LX9L

Saturday, July 6, 2024

MBA hotshots just want a one-off private equity deal

‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates


http://dlvr.it/T9GBnD

Thursday, July 4, 2024

Milan’s new members club hoping to attract the rich fleeing London

Plus, SoftBank is not planning to follow Elliott’s call and a former ‘Barbarian’ hunts mid-sized deals


http://dlvr.it/T9B3yj

PE firm taps wealthy influx to Milan with private members’ club launch

Three Hills Capital Partners wants to take advantage of city’s popularity due to generous tax breaks


http://dlvr.it/T9B3lx

Wednesday, July 3, 2024

The BlackRock private data deal that minted a UK billionaire

Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest people


http://dlvr.it/T97SSQ

BlackRock creates a British billionaire

Plus, Blackstone becomes a whale in private equity debt and Shari Redstone revives her sale of Paramount


http://dlvr.it/T97SH1

EQT strikes £2.2bn deal for Irish video gaming group Keywords Studios

Swedish buyout company lowers price in agreement that underlines attraction of London’s stock market


http://dlvr.it/T961BH

Beware shadow banks gobbling up more risk

Policymakers are directly or inadvertently fuelling the rise of the asset manager lender


http://dlvr.it/T95dDr

Tuesday, July 2, 2024

Blackstone snaps up ‘circular’ private equity credit risk

The US buyout group has become one of the biggest buyers of a fast-growing type of risk transfer product


http://dlvr.it/T9537V

Monday, July 1, 2024

The ‘parallel universe’ between UK start-ups and pensions

Plus, Boaz Weinstein vs BlackRock, private equity’s march in the UK, and summer reading recommendations


http://dlvr.it/T9232F

TDR Capital pursues City training business sale

Asda backer appoints Houlihan Lokey and Morgan Stanley to lead process for education group BPP


http://dlvr.it/T922dh

Dealmaker Steven Klinsky quietly hits home runs away from ’80s limelight

New Mountain Capital founder played minor role in brawl for RJR Nabisco — and spent rest of career avoiding deals like it


http://dlvr.it/T922Jn

Swiss buyout firm Partners Group lands deal for stake in €900mn biotech firm

Sale of most of FairJourney Biologics means London-based owner GHO Capital realises close to 10-fold return


http://dlvr.it/T92235

Is the era of the mega private equity deal over?

The lack of exit options for investments has forced some executives to reconsider more swashbuckling strategies


http://dlvr.it/T921fr