The Guardianadded this to Comment is FreeOpinion (UK) The Guardian view on British Steel’s collapse: productive v predatory capitalismThe Guardian - EditorialIt is right for the government to bail out Britain’s steel industry. On Wednesday ministers stepped in and kept British Steel going, not only to safeguard thousands of jobs but keep blast furnaces burning
Forbesadded this to TechnologyVenture Capital Capital Pours Into PE Funds, Fueled By An Increasingly Popular Exit, The Secondary MarketForbes - Antoine DreanPrivate equity broadly defined – incorporating strategies focused on real assets, credit and venture capital, as well as buyout and growth – will grow 79 percent over five years to $9.3 trillion from $5.2
FlipboardIcon version of the Flipboard logoCOOs MDC Partners Installs Private Equity Veteran As First COOmediapost.com - Larissa Faw MDC Partners is appointing Seth Gardner to the newly created role of Chief Operating Officer to oversee the network’s operations, real estate …
Barron'sadded this to Barron'sInvesting Private Markets Are Booming. Mom-and-Pop Investors Are Missing Out.Barron's - Alexandra Scaggs The companies we now refer to as “unicorns”—private tech companies valued above $1 billion—might seem downright ordinary in the future. Some of this …
Personal Finance (UK) Under the bonnet: two dangers to watch with private equity trustsmoneyobserver.com - www.moneyobserver.com Is the private equity industry about to trigger the next global financial crisis? For regulators whose job it is to keep a constant watch for looming …
Tech in AsiaUsed Cars Indian used cars platform Spinny raises $13.2m in series Atechinasia.com - Pranav Kiran Gurugram-based Spinny, an online used cars platform, said it has raised US$13.2 million in a series A funding round to cover more locations and …
The Scotsmanadded this to Scotsman BusinessLondon Stock Exchange Full steam ahead for Trainline stock market floatscotsman.com - HENRY SAKER-CLARK Trainline has announced its intention to float on the London Stock Exchange. The train-booking app, which was bought by private equity giant KKR in …
Daily News and Analysisadded this to NewsIndia News Around 46% Richie Rich in India to pump more money into Private equityDNA India - DNA Money Correspondent Last year, 37% of Indian ultra-high net worth individuals (UHNWIs) increased their allocation in private equity (PE), according to a report from …
ReutersGreat Britain Factbox: Greybull Capital faces more public ire after British Steel collapseReuters - Reuters Editorial(Reuters) - The collapse of British Steel has once again put private equity owner Greybull Capital in the spotlight for the wrong reasons. Run out of London by Frenchman Marc Meyohas using family money,
Daily Mirroradded this to Daily MirrorPret a Manger BREAKING: EAT to disappear from the high street as Pret a Manger buys brandmirror.co.uk - James Andrews Fans of sandwich chain EAT are about to see their favourite lunch spot permanently disappear after rival Pret a Manger bought it - but it's fantastic …
Wiltshire, UK British Steel has gone into administration threatening thousands of jobswiltshiretimes.co.uk - Wiltshire Times Staff THERE is shock today at the news British Steel in Scunthorpe is to go into administration. The insolvency process, puts 5,000 jobs at risk with a …
POLITICO Europeadded this to POLITICO EuropeGreg Clark British Steel collapses as government rejects emergency fundingpolitico.eu - Ian Geoghegan Business secretary said the government had worked ‘tirelessly’ to save the company. British Steel, the U.K.'s second-largest steel producer, was put …
Business (India) PE firm Creador invests Rs 125 Cr in iValue InfoSolutionsyourstory.com - Private equity firm Creador has said it has picked up a minority stake, through its affiliate Sundara (Mauritius) Ltd, in iValue InfoSolutions for Rs …
The Telegraphadded this to BusinessProfit Trainline plots £1.5bn float as route to profitabilityThe Telegraph - By Oliver GillTrainline hopes a planned £1.5bn stock market float will allow it to pay down debt and turn a profit. The loss-making rail ticketing app owned by US private equity giant KKR confirmed plans to list in
Venture Capital Andela explains startups' preference for venture capitalists over banksnairametrics.com - Fakoyejo Olalekan In January 2019, Andela secured $100 million from foreign investors, thereby continuing a trend that has long characterised the Nigerian startup space. …
The Economic Timesadded this to MarketsInvesting 46% ultra HNI Indians to increase investment in private equity: Surveyindiatimes.com New Delhi: Around 46 per cent of ultra high net worth individuals in India are likely to increase their investment in private equity segment in 2019, …
Think Moreadded this to News & PoliticsChinese Companies Chinese Companies Can't Buy a ‘Trash Can’ in U.S.Bloomberg - Paula Sambo Relations between the U.S. and China have become so strained that the chance of a Chinese firm doing a deal in the U.S. are virtually nil, according …
Bloombergadded this to MarketsInvesting Cerberus Seeks $3 Billion for First Solo Private Equity FundBloomberg - Gillian Tan Cerberus Capital Management is launching its first dedicated private equity fund as investors pour cash into the asset class. The New York-based firm …
Reuters UKadded this to BusinessAl Gore Al Gore's Generation raises $1 billion for latest private equity fundReuters - Reuters EditorialFILE PHOTO: Al Gore, former U.S. Vice President and Climate Reality Project Chairman, gestures as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd
FOX BusinessBusiness Trump still wants to end carried interest tax benefitsFOX Business - Megan HenneyPresident Trump made eliminatingthe so-called carried interest tax benefit a pinnacle of his 2016 campaign, but ultimately failed to kill the tax “loophole” that mostly benefits hedge fund managers and
The New Zealand Heraldadded this to New Zealand Herald BusinessBusiness (New Zealand) A sensible M&A slowdownnzherald.co.nz - Michael Pollard Despite a suite of recent large deals, the sense is that the New Zealand mergers and acquisitions (M&A) bull market is starting to slow down, but no …
FlipboardIcon version of the Flipboard logo Leadership Change At IPG's Hugemediapost.com - Steve McClellan Interpublic has appointed Pete Stein as Global Chief Executive Officer of its big digital agency Huge, based in Brooklyn, NY. Stein succeeds Michael …
The Telegraphadded this to TechnologyAl Gore Al Gore’s investment fund Generation raises $1bn to back eco-friendly start-upsThe Telegraph - By James CookGeneration Investment Management, co-founded by former US Vice President Al Gore, has raised $1 billion (£786m) for its latest private equity fund to back sustainable start-ups. Generation IM Sustainable
TheStreetPizza Hut MOD Pizza Has $160 Million in New Dough to SpendTheStreet - Tony Owusu CEO Scott Svenson spoke with TheStreet on the floor the New York Stock Exchange just hours after his company secured $160 million in private equity …
Daily Mailadded this to MoneyMoney (UK) Goldman Sachs is in talks to buy B&B Hotels chain from private equity firm PAI Partners for a reported £1.7bndailymail.co.uk - City & Finance Reporter Goldman Sachs is in talks to buy a chain of budget hotels for a reported £1.7 billion. The US banking group is interested in buying B&B Hotels from …
Associated PressDetroit, MI Workers concerned by hedge fund influence over casinosAssociated PressDETROIT (AP) — Casino workers in Detroit and their union leadership plan to speak before Michigan’s Gaming Control Board about the influence hedge funds are having on the industry. Unite Here Local 24
Business (South Africa) Private equity firms offer $5.8bn for Anbang’s US luxury hotelsbusinesslive.co.za - Aparajita Saxena Anbang was placed under regulatory control in 2018 after founder Wu Xiaohui was jailed for 18 years on fraud and embezzlement charges
Student Finance Video: Millionaire Pays Off Student Loansiheart.com - Reggie Brown Moorehouse graduates of 2019 are receiving the biggest gift of their lives. Philanthropist and businessman Robert F. Smith will be paying for …
Shadowadded this to Watch the TimeLondon Stock Exchange Watches of Switzerland targets £660m London listingcityam.com - James Booth Luxury retailer Watches of Switzerland said today it is targeting a London float that could hit a valuation of £660m. The company sells luxury watch …
Ofsted Reporter's take: Why Ofsted needs powers to inspect academy chainstes.com - Tes Last week Tes published the first comparison of England's academy chains made according to Ofsted's ratings of their schools. The rankings reveal some …
