With inflation on the rise and the era of ultra-low interest rates over, there could well be a systemic crisis The fact that the world did not experience a systemic financial crisis in 2022 is a minor miracle, given the rise in inflation...
Central bank to examine shadow banking sector amid fears it could put UK financial stability at risk Hedge fund and private equity lending will be scrutinised by the Bank of England in the world’s first stress test of the shadow banking...
Former Pemira chief named deputy chair as government overhauls licence fee The BBC has appointed one of the UK’s most well-known private equity barons, Sir Damon Buffini, as its deputy chair in the latest move to sharpen the...
Proceeds to be used to ‘finance further investment’ as concerns grow over mounting debt burden since last year’s takeover The US private equity owner of Morrisons has raised £220m from the sale and leaseback of seven warehouses amid...
West Cumbria Mining, which set up Whitehaven office during push for new mine, owned by EMR Capital • What is the Cumbrian coalmine and why does it matter? The first deep coalmine to be dug in the UK in a generation is ultimately owned by...
Labour’s leader may have enhanced his ‘unashamedly pro-business’ stance with the CBI, but his plan is vague It would be easy, on the basis of the main soundbites from Keir Starmer’s speech to the CBI conference on Tuesday, to conclude...
Proposal by company owned by Guy Hands’ Terra Firma had been contingent on MoD dropping plan to wrest back ownership A property company owned by Guy Hands’s private equity firm Terra Firma has withdrawn a £105m offer to repair the...
The giant asset management firm used to target places where people worked and shopped. Then it started buying up people’s homes. In one country, the backlash was ferocious Continue reading...
The giant asset management firm used to target places where people worked and shopped. Then it started buying up people’s homes. In one country, the backlash was ferocious Blackstone is the largest commercial landlord in history. Over...
Exclusive: Some employees report feeling pressed by private equity owners to contribute to an ailing business Morrisons’ private equity owners have asked hundreds of staff – from store managers upwards – to invest thousands of pounds of...
Carlyle, Warburg Pincus and KKR are the worst offenders according to a new scorecard of private equity climate risks Private equity firms pumping billions of dollars into dirty energy projects are exposing investors, including...
SKKY Partners venture with Carlyle veteran Jay Sammons will focus on consumer items, media and luxury Kim Kardashian has ventured into the world of finance, launching her own private equity firm with the help of a former partner from the...
Private equity links and the pursuit of profit come with risks for children in the care sector, say experts More than 100 privately run children’s homes in England with serious failings have been branded inadequate by inspectors, with...
Mukesh Ambani teams up with US private equity fund, with Walgreens expected to retain minority stake The Indian billionaire Mukesh Ambani’s Reliance Industries has teamed up with the US private equity fund Apollo Global Management to...
Operator of GWR and South Western Railways says proposal fails to reassure investors Britain’s biggest train operator FirstGroup has rejected a £1.2bn takeover proposal from a US private equity firm, after its board determined the offer...
We have the chance to guarantee the human right to housing – rather than a real-life game of Monopoly. We must take it Leilani Farha was the UN special rapporteur on the right to housing from 2014-2020 Two years ago, when Covid-19 was...
As energy chiefs fear impact of further rises, chancellor’s measures look naive and politically unfeasible Rishi Sunak’s first attempt to “take the sting out” of rising household energy bills was a bits-and-pieces £9bn support package...
Concern at growing role of private equity as councils struggle to meet spiralling costs The 10 largest providers of children’s social care placements made more than £300m in profits last year, according to research that will fuel...
Byron and Strada are among chains to close sites, but independent restaurants are gaining ground As the pandemic slashed through the UK’s restaurants like a sharpened cleaver, one slice of the industry fared far worst than most: pizza...
Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejected Pearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash...
Secondary sales of stakes in private equity, venture capital and real estate funds totaled $47 billion in 2014, roughly 80 percent more than in 2013, research by the investment bank Evercore found.
The Treasury Department has the legal authority to close some tax loopholes that Congress did not intend, writes Victor Fleischer in the Standard Deduction column.
The investment firm H Partners raises reasonable questions about the board, chief executive and earnings of Tempur Sealy, Stephanie Rogan of Reuters Breakingviews writes.
H Partners, an activist hedge fund, called for the ouster of Tempur Sealy's chief executive and board, claiming the mattress maker has suffered from years of mismanagement.
Carlyle, the Washington-based private equity giant, said that its quarterly economic net income — a measure of profit that includes unrealized gains or losses — declined 68 percent, to $180.5 million.
Junior bankers — some who graduated from college only last year — are being courted for lucrative positions at companies such as Bain Capital and the Carlyle Group.
Kohlberg Kravis Roberts said its economic net income — a profit measure that includes unrealized gains or losses — was $86.6 million, compared with $789.6 million in the period a year earlier.
Apollo Global Management's economic net income after taxes — a profit measure that includes unrealized investment gains or losses — declined nearly 80 percent in the fourth quarter.
Gary Loveman will be succeeded by Mark Frissora, the former chief executive of Hertz, who left the rental car company last year after pressure from activist investors.
"I have begged, literally begged" young financiers not to start their own firms "because they're going to destroy their careers," says Stephen A. Schwarzman.