#private-equity

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#endeavor

Why the road to the sale of Frieze is a winding one

Endeavor's potential sale of Frieze and other assets generates significant interest in the art fair sector.

Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout

Endeavor is selling OpenBet for $450 million, significantly less than it paid two years ago, amid a plan to go private.

Why the road to the sale of Frieze is a winding one

Endeavor's potential sale of Frieze and other assets generates significant interest in the art fair sector.

Endeavor sells OpenBet, IMG Arena for $450 million in Ari Emanuel-led management buyout

Endeavor is selling OpenBet for $450 million, significantly less than it paid two years ago, amid a plan to go private.
moreendeavor

Morning Docket: 01.06.25

Private equity's involvement in legal practices raises concerns about sustainability and integrity.
Flexible working practices can significantly enhance employee satisfaction and productivity in legal firms.
Media representations of law and baking could benefit from more realistic narratives.

I'm 36 with a $3.25 million net worth - should I keep renting to maximize savings?

The rising cost of home ownership is pushing more Americans to choose renting over buying.

New year, new deal: the buyout boom poised to take over City lawyers' lives

Corporate lawyers face intense workloads, often balancing work and leisure during holidays, as deal-making remains robust into 2025.
#venture-capital

Benchmark is raising $170M for it's latest partners-only fund | TechCrunch

Benchmark Partners maintains a consistent fund size of $425 million, deviating from the trend of larger funds in Silicon Valley.

Exclusive: General Catalyst is working on a 'continuation' fund worth up to $1B, sources say

General Catalyst is launching a continuation fund valued between $800 million and $1 billion amid a slowdown in IPOs and M&A activity.

Insight Partners has paid out nearly $8 billion this year-but returns for its giant 2021 fund have mostly come up dry

In 2024, Insight Partners is experiencing record returns despite past concerns over high investment multiples paid in 2021.

What will this year bring in VC? We asked a few investors | TechCrunch

Venture capital is adapting as wealthy investors shift focus towards private markets and AI continues to dominate.

Dutch VC Capital Mills welcomes two new partners: Meet them here - Silicon Canals

Barry de Kock and René Delsing promoted to partners at Capital Mills, focusing on innovative funding for impactful B2B technology companies.

Peak XV, top India-SEA venture firm, trims fund size and fees | TechCrunch

Peak XV is significantly adjusting its funds and fees to align with market dynamics and limited partners' interests.

Benchmark is raising $170M for it's latest partners-only fund | TechCrunch

Benchmark Partners maintains a consistent fund size of $425 million, deviating from the trend of larger funds in Silicon Valley.

Exclusive: General Catalyst is working on a 'continuation' fund worth up to $1B, sources say

General Catalyst is launching a continuation fund valued between $800 million and $1 billion amid a slowdown in IPOs and M&A activity.

Insight Partners has paid out nearly $8 billion this year-but returns for its giant 2021 fund have mostly come up dry

In 2024, Insight Partners is experiencing record returns despite past concerns over high investment multiples paid in 2021.

What will this year bring in VC? We asked a few investors | TechCrunch

Venture capital is adapting as wealthy investors shift focus towards private markets and AI continues to dominate.

Dutch VC Capital Mills welcomes two new partners: Meet them here - Silicon Canals

Barry de Kock and René Delsing promoted to partners at Capital Mills, focusing on innovative funding for impactful B2B technology companies.

Peak XV, top India-SEA venture firm, trims fund size and fees | TechCrunch

Peak XV is significantly adjusting its funds and fees to align with market dynamics and limited partners' interests.
moreventure-capital
#acquisition

How AuditBoard went from a potential IPO to a $3 billion takeover by private equity firm Hg in just two months

Private equity acquisition is increasingly attractive for startups, offering quick liquidity and strategic support amid declining IPO opportunities.

Israeli spyware maker Paragon bought by U.S. private equity giant | TechCrunch

AE Industrial Partners acquires Israeli spyware maker Paragon for $500 million, with future potential increases based on company growth.

Blackstone acquires Jersey Mike's sandwich chain with plans to 'accelerate its expansion'

Jersey Mike's is being acquired by Blackstone to accelerate its U.S. expansion and technological investments.

Influencer Marketing Firm Later Acquires Mavely for $250 Million

Later plans to acquire Mavely to enhance its sales-tracking capabilities for influencer marketing campaigns.

Permira completes Squarespace acquisition after upping bid to $7.2B | TechCrunch

Permira has acquired Squarespace, taking it private amidst fluctuating market valuations and strong financial recovery.

Major California wine company sold for nearly $2 billion

Duckhorn Portfolio acquired by Butterfly Equity for $1.95 billion, returning it to private ownership.

How AuditBoard went from a potential IPO to a $3 billion takeover by private equity firm Hg in just two months

Private equity acquisition is increasingly attractive for startups, offering quick liquidity and strategic support amid declining IPO opportunities.

Israeli spyware maker Paragon bought by U.S. private equity giant | TechCrunch

AE Industrial Partners acquires Israeli spyware maker Paragon for $500 million, with future potential increases based on company growth.

Blackstone acquires Jersey Mike's sandwich chain with plans to 'accelerate its expansion'

Jersey Mike's is being acquired by Blackstone to accelerate its U.S. expansion and technological investments.

Influencer Marketing Firm Later Acquires Mavely for $250 Million

Later plans to acquire Mavely to enhance its sales-tracking capabilities for influencer marketing campaigns.

Permira completes Squarespace acquisition after upping bid to $7.2B | TechCrunch

Permira has acquired Squarespace, taking it private amidst fluctuating market valuations and strong financial recovery.

Major California wine company sold for nearly $2 billion

Duckhorn Portfolio acquired by Butterfly Equity for $1.95 billion, returning it to private ownership.
moreacquisition

Permira's Brian Ruder talks AI, Squarespace acquisition, and the value of co-leadership | TechCrunch

Private equity firms are actively acquiring public tech companies, with Permira leading significant deals.
#investment-strategy

Private Equity Rethinks Fiber Investment

Private equity is re-evaluating fiber network investments due to rising costs of capital and deteriorating returns.

4:30 a.m. wakeups and scary speakers: Inside Apollo's tactics to prepare its workers for an uncertain future

Apollo aims to double its assets under management within five years, implementing unique motivational tactics to adapt to changing market conditions.

Looking to Sell Your Company? Here's a Potentially Lucrative Exit Plan Every Business Needs to Consider. | Entrepreneur

Selling to a private equity firm can provide capital and growth opportunities, but it may also involve loss of control and higher risks.

Private Equity Rethinks Fiber Investment

Private equity is re-evaluating fiber network investments due to rising costs of capital and deteriorating returns.

4:30 a.m. wakeups and scary speakers: Inside Apollo's tactics to prepare its workers for an uncertain future

Apollo aims to double its assets under management within five years, implementing unique motivational tactics to adapt to changing market conditions.

Looking to Sell Your Company? Here's a Potentially Lucrative Exit Plan Every Business Needs to Consider. | Entrepreneur

Selling to a private equity firm can provide capital and growth opportunities, but it may also involve loss of control and higher risks.
moreinvestment-strategy

Meet 5 of the buyers eying 7-Eleven and its sister businesses

KKR and Bain Capital have made significant offers for Seven & i's non-core assets, indicating strong interest in retail opportunities.

Why Walgreens Is Reportedly Considering a Private Equity Buyer - MedCity News

Walgreens is reportedly exploring a sale due to massive financial losses and declining stock value.
Experts suggest selling to private equity might be a strategic move for Walgreens' future.
#market-trends

Telecom/Broadband M&A 2024: A Big Year for the Big Providers, Private Equity

Telecom and broadband M&A is active, with major companies seeking to enhance service offerings and competitive advantages through strategic acquisitions.

The 13 biggest take-private PE acquisitions so far this year in tech | TechCrunch

Private equity is increasingly becoming a key liquidity source for tech startups in 2024, with notable acquisitions changing the landscape.

The 14 biggest take-private PE acquisitions so far this year in tech | TechCrunch

Private equity is increasingly becoming a key liquidity provider for tech startups and scale-ups in 2024.

With Big-Time Profits, Biglaw Dealmakers Sure Are Thankful 2024 Was A Busier Year

M&A activity is expected to increase as market optimism grows.

Telecom/Broadband M&A 2024: A Big Year for the Big Providers, Private Equity

Telecom and broadband M&A is active, with major companies seeking to enhance service offerings and competitive advantages through strategic acquisitions.

The 13 biggest take-private PE acquisitions so far this year in tech | TechCrunch

Private equity is increasingly becoming a key liquidity source for tech startups in 2024, with notable acquisitions changing the landscape.

The 14 biggest take-private PE acquisitions so far this year in tech | TechCrunch

Private equity is increasingly becoming a key liquidity provider for tech startups and scale-ups in 2024.

With Big-Time Profits, Biglaw Dealmakers Sure Are Thankful 2024 Was A Busier Year

M&A activity is expected to increase as market optimism grows.
moremarket-trends

How Boston-based Kenston Capital Partners used PE Front Office to achieve efficiency

Alternative investments have reached $22 trillion in AUM, highlighting the need for streamlined investment management solutions.
#healthcare

The Gilded Age of Medicine Is Here

The acquisition of Steward Health Care by Cerberus Capital Management led to severe operational failures, impacting patient care and resulting in bankruptcy.

Newsom Vetoes California Bill Against Private Equity Firms' Health Care Takeovers | KQED

The veto of a healthcare consumer protection bill is a setback for patient care advocacy in California.

How to Create the Best Pecan Pie

Winter is the ideal season for indulging in rich, nut-based desserts like pecan pie.
Private equity in healthcare has often prioritized profits over patient care, leading to disinvestment and quality issues.

The Gilded Age of Medicine Is Here

The acquisition of Steward Health Care by Cerberus Capital Management led to severe operational failures, impacting patient care and resulting in bankruptcy.

Newsom Vetoes California Bill Against Private Equity Firms' Health Care Takeovers | KQED

The veto of a healthcare consumer protection bill is a setback for patient care advocacy in California.

How to Create the Best Pecan Pie

Winter is the ideal season for indulging in rich, nut-based desserts like pecan pie.
Private equity in healthcare has often prioritized profits over patient care, leading to disinvestment and quality issues.
morehealthcare
#nfl

Cold, ravenous and predatory, private equity is slouching towards the NFL

The NFL has officially allowed private equity investments in teams, aligning with other major leagues and signaling a potential future shift in ownership dynamics.

How Roger Goodell Became the N.F.L.'s $20 Billion Man

The NFL owners voted to allow teams to sell up to 10% to private equity, enhancing team valuations.

Even Private Equity Bows at the Altar of the NFL

The NFL's soaring franchise values compel team owners to partner with institutional investors for liquidity.

The Biglaw Firm Bringing Private Equity To Football

The Miami Dolphins are the first NFL team to sell a stake to a private equity firm following new NFL regulations.

A Stake in the Miami Dolphins Is Back on the Block

Ross aims to sell a stake in the Miami Dolphins, valuing the team above $7 billion amidst new N.F.L. private equity rules.

Cold, ravenous and predatory, private equity is slouching towards the NFL

The NFL has officially allowed private equity investments in teams, aligning with other major leagues and signaling a potential future shift in ownership dynamics.

How Roger Goodell Became the N.F.L.'s $20 Billion Man

The NFL owners voted to allow teams to sell up to 10% to private equity, enhancing team valuations.

Even Private Equity Bows at the Altar of the NFL

The NFL's soaring franchise values compel team owners to partner with institutional investors for liquidity.

The Biglaw Firm Bringing Private Equity To Football

The Miami Dolphins are the first NFL team to sell a stake to a private equity firm following new NFL regulations.

A Stake in the Miami Dolphins Is Back on the Block

Ross aims to sell a stake in the Miami Dolphins, valuing the team above $7 billion amidst new N.F.L. private equity rules.
morenfl

Why more restaurant chains may end up like Red Lobster

The quote from 'Midnight Run' about restaurant failure rates remains well-known, despite the increasing investments in the restaurant sector.
#marc-rowan

If Apollo CEO Marc Rowan is tapped for Treasury, it could mean a boon for $24 trillion private equity market

Marc Rowan, Apollo's CEO, is a frontrunner for Treasury Secretary, potentially impacting regulations on the $24.4 trillion private equity industry.

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

A significant meeting of top financiers in Riyadh highlights the intersection of money, power, and influence in international relations.

Marc Rowan addresses Apollo's succession plan after brush with Trump Cabinet

Apollo Global's succession planning emphasizes preparedness for leadership transitions and highlights a strong pipeline of talent for future roles.

If Apollo CEO Marc Rowan is tapped for Treasury, it could mean a boon for $24 trillion private equity market

Marc Rowan, Apollo's CEO, is a frontrunner for Treasury Secretary, potentially impacting regulations on the $24.4 trillion private equity industry.

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

A significant meeting of top financiers in Riyadh highlights the intersection of money, power, and influence in international relations.

Marc Rowan addresses Apollo's succession plan after brush with Trump Cabinet

Apollo Global's succession planning emphasizes preparedness for leadership transitions and highlights a strong pipeline of talent for future roles.
moremarc-rowan

Successful Private Equity Firms Manage Talent Differently

Private equity firms are recognizing talent management's critical role in value creation.
#blackstone

Private equity giant Blackstone takes majority ownership of Jersey Mike's Subs sandwich chain

Jersey Mike's Subs secures future growth with Blackstone's majority stake, aiming for expansion and investment in technology amidst a challenging restaurant landscape.

Blackstone Acquires Jersey Mike's for $8 Billion | Entrepreneur

Blackstone acquires Jersey Mike's Subs for $8 billion, highlighting its interest in fast-casual franchises and signaling growth potential for the company.

How Blackstone made 18,000 workers owners of their HVAC company

Private equity firms are increasingly engaging employees through profit-sharing and equity programs to enhance motivation and performance.

Life inside Blackstone's Miami office, from the daily meetings to the office croquetas

Blackstone is expanding its Miami office by hiring local talent to build a strong finance team.

Private equity giant Blackstone takes majority ownership of Jersey Mike's Subs sandwich chain

Jersey Mike's Subs secures future growth with Blackstone's majority stake, aiming for expansion and investment in technology amidst a challenging restaurant landscape.

Blackstone Acquires Jersey Mike's for $8 Billion | Entrepreneur

Blackstone acquires Jersey Mike's Subs for $8 billion, highlighting its interest in fast-casual franchises and signaling growth potential for the company.

How Blackstone made 18,000 workers owners of their HVAC company

Private equity firms are increasingly engaging employees through profit-sharing and equity programs to enhance motivation and performance.

Life inside Blackstone's Miami office, from the daily meetings to the office croquetas

Blackstone is expanding its Miami office by hiring local talent to build a strong finance team.
moreblackstone

Why Resident Ownership Matters - Non Profit News | Nonprofit Quarterly

The resident ownership model empowers low-income families in manufactured housing to gain control over their communities and avoid displacement.
#investment

Business leaders warn Rachel Reeves that raising capital gains tax would stifle UK investment

Businesses warn that an increase in capital gains tax could reduce investment and threaten economic growth.

Canadian hockey equipment maker CCM to be bought by Swedish private equity firm | CBC News

Private equity firms are increasingly investing in the sports sector, seen in Altor's acquisition of CCM Hockey.

Opinion | How Private Funds Could Hurt Americans Under Trump

Private fund managers are increasingly influencing U.S. politics, raising concerns about the absence of regulation and transparency in the financial sector.

Business leaders warn Rachel Reeves that raising capital gains tax would stifle UK investment

Businesses warn that an increase in capital gains tax could reduce investment and threaten economic growth.

Canadian hockey equipment maker CCM to be bought by Swedish private equity firm | CBC News

Private equity firms are increasingly investing in the sports sector, seen in Altor's acquisition of CCM Hockey.

Opinion | How Private Funds Could Hurt Americans Under Trump

Private fund managers are increasingly influencing U.S. politics, raising concerns about the absence of regulation and transparency in the financial sector.
moreinvestment
#nvidia

Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Nebius secured $700mn to expand AI infrastructure in Europe and the US, aiming for rapid growth in AI computing capabilities.

Vista's Robert Smith says enterprise software firms will be among the last to profit from AI-but that the gains will be huge

AI will greatly benefit software companies that control their data sets, according to Robert Smith at the CAIS Alternative Investment Summit.

Nvidia, Accel back Netherlands-based AI firm Nebius in $700M deal

Nebius secured $700mn to expand AI infrastructure in Europe and the US, aiming for rapid growth in AI computing capabilities.

Vista's Robert Smith says enterprise software firms will be among the last to profit from AI-but that the gains will be huge

AI will greatly benefit software companies that control their data sets, according to Robert Smith at the CAIS Alternative Investment Summit.
morenvidia

Elected Officials, Housing Advocates Rally for Displaced Bushwick Tenants

Residents and advocates demand action against private equity landlords prioritizing profit over tenant welfare.
Elected officials are considering legislation to limit private equity ownership of residential properties.
City agencies are criticized for their failure to protect tenants' rights and safety.
#bankruptcy

Goldman funds take $900 million hit on Northvolt, FT says

Goldman Sachs Asset Management to write off nearly $900 million in Northvolt investments following its bankruptcy protection filing.

Millennials loved Megabus. So why did it go mega-bust?

Megabus, once a budget travel staple, faces bankruptcy due to pandemic impact and unsustainable debt from private equity ownership.

Goldman funds take $900 million hit on Northvolt, FT says

Goldman Sachs Asset Management to write off nearly $900 million in Northvolt investments following its bankruptcy protection filing.

Millennials loved Megabus. So why did it go mega-bust?

Megabus, once a budget travel staple, faces bankruptcy due to pandemic impact and unsustainable debt from private equity ownership.
morebankruptcy

Morrisons planning to close Rathbones bakery arm with hundreds of jobs at risk

Morrisons plans to close its bakery, risking 378 jobs, following unsuccessful attempts to restore profitability post-private equity takeover.
#hvac

Airship wants to build better sales tools for HVAC contractors | TechCrunch

The HVAC industry is transforming with technology, and Airship aims to support contractors in maximizing sales opportunities through effective software solutions.

As plumbers and other trades take off, this PE-backed firm sees deals for 'life-changing generational wealth'

Gen Z is increasingly opting for trade schools to avoid debt and achieve lucrative careers, particularly in plumbing and HVAC sectors.

Airship wants to build better sales tools for HVAC contractors | TechCrunch

The HVAC industry is transforming with technology, and Airship aims to support contractors in maximizing sales opportunities through effective software solutions.

As plumbers and other trades take off, this PE-backed firm sees deals for 'life-changing generational wealth'

Gen Z is increasingly opting for trade schools to avoid debt and achieve lucrative careers, particularly in plumbing and HVAC sectors.
morehvac
#labour-party

Private equity barons lean on Rachel Reeves to water down proposals for higher taxes

Angela Rayner's visit reflects the private equity industry's efforts to shape Labour's tax policies and counter proposed tax increases.

How private equity convinced Labour to go easy on its multimillion pound tax perk

Private equity leaders celebrated the Labour party's decision to maintain favorable tax rates on carried interest.

Rachel Reeves's most irritating manifesto fudge: private equity's tax loophole | Nils Pratley

Private equity executives should face the same income tax rates as other high earners, addressing tax equity.

Private equity barons lean on Rachel Reeves to water down proposals for higher taxes

Angela Rayner's visit reflects the private equity industry's efforts to shape Labour's tax policies and counter proposed tax increases.

How private equity convinced Labour to go easy on its multimillion pound tax perk

Private equity leaders celebrated the Labour party's decision to maintain favorable tax rates on carried interest.

Rachel Reeves's most irritating manifesto fudge: private equity's tax loophole | Nils Pratley

Private equity executives should face the same income tax rates as other high earners, addressing tax equity.
morelabour-party

Jo Natauri's Invidia Capital seeks $850 million for first fund

Invidia Capital Management aims to raise $850 million for upper middle market healthcare investments, targeting 6-8 deals per fund cycle.

Aurum Launches $1B Tokenized Fund for Data Center Investments on XRP Ledger With Zoniqx

Aurum Equity Partners is launching a $1 billion tokenized equity and debt fund on the XRP Ledger, focusing on global data center investments.

Why Thoma Bravo almost always places the right bets on tech

Thoma Bravo's success stems from a 'buy and build' strategy focusing on leading B2B software companies and optimal management for profitable exits.

Exclusive | Elderly NYC money bigwig jetted around for botox, dye jobs - while wife shopped till she dropped mega-bucks: divorce case

John H. Foster claims he is nearly broke during divorce, contradicting evidence of ongoing wealth and luxury purchases.

Elon Musk was not barred from UK investment summit, says cabinet minister

Elon Musk would be welcomed at future UK investment summits if he has suitable investment programmes.
The UK government seeks to engage with businesses already prepared to invest.

How do you solve a problem like MariaDB? Cozy up to the community, says new CEO | TechCrunch

MariaDB aims for closer collaboration with its foundation after stabilizing under K1 Investment Management following a turbulent period.
#mergers-and-acquisitions

Thoma Bravo closes $5.3bn Darktrace acquisition

Thoma Bravo has successfully acquired Darktrace for $5.3 billion, concluding a turbulent series of events including board resignations and the death of a key supporter.

Digital veteran Amir Malik is poised to join advisory firm Alvarez & Marshall from Accenture Song

Amir Malik's move to Alvarez & Marshall highlights a strategic focus on digital technology in the growing private equity sector.

Fintech market stirs as Celero seeks a buyer while Finexio looks for minority investor

Celero Commerce is exploring a sale, potentially valuing the company at around $600 million amidst a slowdown in mergers and acquisitions.

Thoma Bravo closes $5.3bn Darktrace acquisition

Thoma Bravo has successfully acquired Darktrace for $5.3 billion, concluding a turbulent series of events including board resignations and the death of a key supporter.

Digital veteran Amir Malik is poised to join advisory firm Alvarez & Marshall from Accenture Song

Amir Malik's move to Alvarez & Marshall highlights a strategic focus on digital technology in the growing private equity sector.

Fintech market stirs as Celero seeks a buyer while Finexio looks for minority investor

Celero Commerce is exploring a sale, potentially valuing the company at around $600 million amidst a slowdown in mergers and acquisitions.
moremergers-and-acquisitions

Stanford's investment portfolio grew 8.4% percent in the last year

Stanford's endowment grew to $37.6 billion, driven by strong market performance and generous gifts.

The Questions To Make Fund Formation Your Competitive Advantage

Private equity investors face complex challenges due to economic pressures and regulatory changes, necessitating adaptability from asset managers and their counsel.
#billionaires

Slash and burn: is private equity out of control?

Private equity firms control $13 trillion and significantly influence various sectors of the economy.

Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch

Billionaire hedge fund founders are significant political donors, raising concerns about their focus on investment management.

Slash and burn: is private equity out of control?

Private equity firms control $13 trillion and significantly influence various sectors of the economy.

Big investors worry the star managers they trust to run billions are getting distracted as the presidential election enters the homestretch

Billionaire hedge fund founders are significant political donors, raising concerns about their focus on investment management.
morebillionaires
#tgi-fridays

TGI Fridays rescue leads to 1,000 job losses and 35 closures despite private equity buyout

The rescue of TGI Fridays UK results in 35 branch closures and over 1,000 job losses, provoking backlash over staff treatment during redundancies.

TGI Fridays secures rescue deal but more than 1,000 UK jobs lost

The rescue deal for TGI Fridays' UK arm saves 51 locations but results in 35 closures and over 1,000 job losses.

TGI Fridays close to rescue deal' that could save more than 2,000 UK jobs

A rescue deal for TGI Fridays UK could save over 2,000 jobs by selling up to 55 restaurants to new owners.

TGI Fridays rescue leads to 1,000 job losses and 35 closures despite private equity buyout

The rescue of TGI Fridays UK results in 35 branch closures and over 1,000 job losses, provoking backlash over staff treatment during redundancies.

TGI Fridays secures rescue deal but more than 1,000 UK jobs lost

The rescue deal for TGI Fridays' UK arm saves 51 locations but results in 35 closures and over 1,000 job losses.

TGI Fridays close to rescue deal' that could save more than 2,000 UK jobs

A rescue deal for TGI Fridays UK could save over 2,000 jobs by selling up to 55 restaurants to new owners.
moretgi-fridays

Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era

Adtech startups are experiencing significant leadership changes influenced by investor demands for growth and profitability.

Private equity's role in America's ports

America avoided a labor crisis with a tentative stevedore agreement, but port automation remains a contentious issue as negotiations continue.

A bitter feud risks ripping apart an $11 billion metals empire

The conflict over Korea Zinc Co. could hinder global diversification of energy-transition metals supply.
#jamie-dimon

Dimon: Grads taking PE jobs while at JPMorgan 'unethical'

Jamie Dimon condemns private equity's recruitment of early-career professionals as unethical and is considering measures to eliminate this practice.

What Jamie Dimon thinks about junior bankers with hush-hush private-equity jobs

Jamie Dimon criticized junior bankers for accepting future jobs with private equity firms, calling it unethical and threatening to eliminate such practices at JPMorgan.

Dimon: Grads taking PE jobs while at JPMorgan 'unethical'

Jamie Dimon condemns private equity's recruitment of early-career professionals as unethical and is considering measures to eliminate this practice.

What Jamie Dimon thinks about junior bankers with hush-hush private-equity jobs

Jamie Dimon criticized junior bankers for accepting future jobs with private equity firms, calling it unethical and threatening to eliminate such practices at JPMorgan.
morejamie-dimon

Businesses backed by private equity face heightened default risks, warns Bank of England

Private equity-backed businesses have a heightened risk of default compared to other corporates, highlighting the need for improved transparency in the sector.

Private equity firms ploughing billions into fossil fuels, analysis reveals

Private equity firms are using public pension funds to invest in fossil fuels, significantly impacting climate change.

900 workers will share a $75 million pot after KKR sale - with some getting $325,000 windfalls

KKR's sale of GeoStabilization will reward 900 employees with a $75 million payout, showcasing a shift toward shared workforce success in private equity.
#jared-kushner

Kushner's Fund Has Reaped Millions in Fees, but So Far Returned No Profits

Jared Kushner's firm has received significant fees without returning profits, raising conflict of interest concerns amid foreign investment.

Jared Kushner's private equity firm faces inquiry as it fails to return profits

Affinity Partners, owned by Kushner, has raised concerns as it collected $157 million without providing investor profits, suggesting potential foreign influence operations.

Kushner's Fund Has Reaped Millions in Fees, but So Far Returned No Profits

Jared Kushner's firm has received significant fees without returning profits, raising conflict of interest concerns amid foreign investment.

Jared Kushner's private equity firm faces inquiry as it fails to return profits

Affinity Partners, owned by Kushner, has raised concerns as it collected $157 million without providing investor profits, suggesting potential foreign influence operations.
morejared-kushner
from Business Insider
3 months ago

An 'AI associate' for PE firms just launched. Here's a look at the pitch deck that helped it raise a $1.5 million seed round.

Mako AI simplifies data retrieval and analysis for private equity associates using generative AI, enhancing efficiency in their work processes.

Michael Dell Bets Big as He Puts 100% of His Money in Only 3 Stocks

Michael Dell runs MSD Capital for personal investments, heavily focusing on three specific stocks, distinct from the broader strategies of MSD Partners.
from www.theguardian.com
3 months ago

Axel Springer's media assets to be split off in 13.5bn KKR deal

Axel Springer aims to dominate digital journalism through a 13.5bn deal creating a private media powerhouse with a focus on technology and agility.

Gov. Newsom Considers Legislation to Protect Healthcare from Rising Venture Capital Influence | KQED

Legislation aims to protect patient care by limiting private equity influence over healthcare decisions, despite concerns about investment deterrents.

Private Equity Steps Up to the Plate

The Portland Sea Dogs illustrate the blend of community spirit and entertainment in Minor League Baseball amidst the rise of private equity ownership.

Clearlake hopes to buy out Todd Boehly or remove his power in Chelsea civil war

Clearlake Capital is considering minimizing Todd Boehly's role at Chelsea amidst ongoing tensions and governance issues.

Private equity firm CVC in talks over buying Hundred cricket franchise

CVC Capital Partners aims to make the first private equity investment in English cricket, potentially acquiring a stake in the Oval Invincibles.

Owners of Daft.ie consider possible sale

Shareholders of Distilled are exploring sale options potentially valuing the business at €600 million.
Discussions indicate potential restructuring among shareholders with continued stakes post-sale.
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