Monday, September 23, 2024

The barbell tolls for fixed income investing

A trend long associated with equity investing is now playing out in the bond markets


http://dlvr.it/TDc3ZC

Swedish buyout group EQT plans to sell stake in €15bn software group IFS

Private equity firms have been forced to sell slices of their businesses as higher interest rates have hit the IPO market


http://dlvr.it/TDZR7D

Private equity roll-ups of accounting firms could run into trouble

Buyout groups can help revamp the profession, but there will also be unintended consequences


http://dlvr.it/TDZQs8

Friday, September 20, 2024

Private equity’s tax tussle needs pragmatism, not intellectual purity

The key question is at what level carry should be taxed and what conditions are required to earn that benefit


http://dlvr.it/TDVgqw

Thursday, September 19, 2024

PE firm’s many roles attract scrutiny as car parts maker seeks bankruptcy

Clearlake Capital bought, sold and continued to own Wheel Pros even as it collapsed under $1.7bn in debt


http://dlvr.it/TDSWLD

Private equity firms seek new terms to increase payouts on deals

Lenders are pushing back on ‘high-water ebitda’ provisions and most have been excised from terms


http://dlvr.it/TDSWB4

Life insurance becomes less boring with creative financial engineering

As the Fed cuts rates, markets are rallying — but there are long-term risks from experiments


http://dlvr.it/TDRbsK

Wednesday, September 18, 2024

Grant Thornton US among shortlist of bidders for UK franchise

Buyout firms EQT and Permira are also in the running for the mid-tier accountancy firm


http://dlvr.it/TDPHdM

Private equity suitors line up for Bausch + Lomb eyecare auction

Sale process comes after tensions between investors and creditors over plan to split from Bausch Health


http://dlvr.it/TDNZXX

Can You Actually Make Money from Investing in Luxury Shopping?

When it comes to luxury shopping, many people think of high price tags and exclusive items, but what if it could be more than just a splurge? What if luxury shopping could be an investment that generates profit over time? With platforms like The Outnet offering discounted designer pieces, shoppers may wonder whether they can […]


http://dlvr.it/TDNDvJ

Tuesday, September 17, 2024

Virtus and BondBloxx join SSGA in private credit ETF queue

All three managers have filed for private markets retail funds within days of each other


http://dlvr.it/TDMvlt

When private equity is the friendly choice

Plus, the Nevada court battle over the future of Rupert Murdoch’s empire and how a corporate lawyer won gold at the Paralympics


http://dlvr.it/TDMvb0

Monday, September 16, 2024

Sports group backed by Saudi wealth fund seeks stake in European basketball

EuroLeague is looking to sell minority holding worth €1bn, but PIF’s SURJ firm faces competition from BC Partners


http://dlvr.it/TDKNc0

Apollo goes after Wall Street’s core

Plus, German officials caught by surprise in Commerzbank stake sale and media giant Axel Springer nears a break-up


http://dlvr.it/TDKNTW

Firms jostle to sell alternative assets to wealthy investors

Critics warn of risks in selling illiquid and hard-to-value products to less experienced retail buyers


http://dlvr.it/TDHhrZ

Sunday, September 15, 2024

Apollo pushes into high-grade debt business long dominated by banks

Led by a onetime dealer in death benefit settlements, a leveraged buyout pioneer evolves into a bulge-bracket lender


http://dlvr.it/TDH9w1

Axel Springer and KKR near deal on €13.5bn break-up

Agreement to be discussed next week could cement Mathias Döpfner’s control over media outlets Politico and Bild


http://dlvr.it/TDH1hc

Saturday, September 14, 2024

New Europe VC group targets more than €600mn for debut fund

Noteus set up by former Eurazeo team to back start-ups as tech investment recovers


http://dlvr.it/TDFbd9

Friday, September 13, 2024

Buyout executives say distributions are ‘magic word’ after exit slowdown

Private equity firms meeting in Paris say they are hell-bent on returning cash to investors after higher interest rates hurt returns


http://dlvr.it/TDC988

Thursday, September 12, 2024

PwC spin-off to restructure $1.5bn in debt after cost overruns

Tax and immigration adviser Vialto in talks with creditors two years after sale to private equity


http://dlvr.it/TD9pYp

Oaktree issues mea culpa to Advent and Silver Lake for ‘serious error in judgment’

Distressed debt specialist apologises for appearing to blame co-investors in lossmaking ecommerce deal


http://dlvr.it/TD8wkD

BlackRock and Partners Group team up in latest effort to target wealthy

Firms strike deal to offer model portfolios of alternative assets to rich individuals


http://dlvr.it/TD8Z1v

Private equity-owned Springer Nature plans Frankfurt IPO

One of world’s biggest academic publishers seeks valuation of €7bn


http://dlvr.it/TD8BGS

Wednesday, September 11, 2024

AC Milan owner says private equity investment has ‘massively inflated’ sports valuations

RedBird Capital Gerry Cardinale criticised his rivals saying sector has been ‘bad for ecosystem’


http://dlvr.it/TD6JBC

Tuesday, September 10, 2024

Apollo and State Street join forces on public-private credit funds

ETF launch comes as big investment firms seek to sell alternative assets to retail investors


http://dlvr.it/TD3zWm

Monday, September 9, 2024

Oaktree calls out rivals for $6bn private equity bust-up

Plus, the Bank of London’s mysterious weekend tax debacle and companies race to issue record levels of US debt ahead of presidential election


http://dlvr.it/TD2wDN

Sunday, September 8, 2024

Oaktree calls out Advent and Silver Lake over collapsed start-up

Credit investment specialist says its trust in PE firms’ oversight of ecommerce roll-up group Thrasio was misplaced


http://dlvr.it/TCz9Rt

Friday, September 6, 2024

TPG in talks to buy stake in Vinted at €5bn valuation

US private equity group’s interest highlights growing demand for second-hand goods from consumers and investors


http://dlvr.it/TCwBLK

Thursday, September 5, 2024

4 Tips for Financing Your Dream Home

Many people have an idea of what a dream home would look like, but it’s quite often the type of property that sells for more than a million dollars in today’s market. If financing your dream home seems like an impossible challenge, then here are some tips to take this dream into the realm of […]


http://dlvr.it/TCrck3

CVC reports jump in dealmaking in first results since IPO

Luxembourg-based group says it generated €9.4bn from exiting investments in first half


http://dlvr.it/TCrZNf

Wednesday, September 4, 2024

Lab supplier auction extends run of private equity healthcare exits

GTCR and Golden Gate Capital’s potential sale of Antylia comes as the sector bucks a frustrating market for sponsors


http://dlvr.it/TCrFmy

Tuesday, September 3, 2024

Chelsea FC co-owner Clearlake buys private credit business from Natixis

Private equity firm makes move into fast-growing direct lending market with acquisition of MV Credit


http://dlvr.it/TClMns

Monday, September 2, 2024

Blackstone set to acquire Australian data centre business AirTrunk

World’s largest private equity group is betting on growth of artificial intelligence in Asia-Pacific region


http://dlvr.it/TCl0qp

Sunday, September 1, 2024

Private equity groups join race to buy UK pharmacy wholesaler AAH

HIG and CapVest are latest to express interest in auction for the biggest supplier of goods to British pharmacists


http://dlvr.it/TChMYF

Private equity warns UK capital gains tax overhaul could be ‘tipping point’

Potential increase of capital gains tax comes on top of changes to non-dom and carried interest regimes


http://dlvr.it/TCgrXH