Daniel Křetínský could be hoping to develop or sell off the company’s portfolio of about 1,800 sites The shadow of the Sphinx looms large over a nondescript urban depot in north London. You could fit two football pitches on to the vast...
Terra Firma’s sale of 36,000 properties ends legal fight with government over recent housing reforms Business live – latest updates A property company linked to Guy Hands has agreed to sell 36,000 military homes to the UK’s Ministry of...
Stephen Feinberg’s company has links to defence contractors, raising questions of conflict of interest Donald Trump has reportedly asked Stephen Feinberg, a billionaire private equity investor with extensive interests in the armaments...
Bank of England financial stability report says 4.4 million households will face extra pressure on their finances Business live – latest updates The mortgage payments of half of UK homeowners will rise over the next three years, leaving...
London-listed company strikes deal with Fortress Investment Group, although shareholder approval needed The cafe bar business Loungers has agreed to be bought by a US investment group in a deal that values it at about £338m. Fortress...
The shadow banking sector is trying its hand at trading in debt-based products such as collateralised loan obligations When Margot Robbie made a surprise cameo in the 2015 film adaptation of Michael Lewis’s book The Big Short , she did...
US private equity group buys company’s 16 UK cinemas, distribution arm and online streaming service The British arthouse cinema chain Curzon has been acquired by the US investment firm that owns Poundstretcher and Majestic Wine. Fortress...
Split comes despite chair’s preference for deal from group including US hedge funds Elliott Partners and Silver Point plus others Thames Water’s board is split over two competing deals from its lenders aimed at saving the UK’s biggest...
From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits. By Alex Blasdel Continue reading...
Labour said it would bring taxation of performance-related pay in the industry in line with others – but the chancellor had a change of heart How private equity convinced Labour to go easy on its multimillion pound tax perk It has been...
The lobbying coup of the decade saw a major climbdown on the chancellor’s planned raid on carried interest Nils Pratley: Rachel Reeves’s most irritating manifesto fudge “I’m glad I don’t have to look into moving to Paris, put it that...
The division of responsibilities between Ofwat, the Environment Agency and Drinking Water Inspectorate hasn’t worked New regulator may ban English water companies from making a profit An independent commission into the English and Welsh...
Private equity firm CD&R revealed to be in exclusive talks to buy 50% stake in consumer healthcare arm Opella The French government has warned a US private equity firm buying the consumer healthcare arm of the drugmaker Sanofi that...
Shares in food company jump 13% after reports Advent is in early stages of preparing an offer Tate & Lyle could become the next UK company to fall to an overseas takeover offer, after reports that the US private equity firm Advent...
Readers respond to Keir Starmer and Rachel Reeves’ vow to promote growth by enticing businesses to invest in Britain I have listened with growing concern to the growth mantra from Keir Starmer and Rachel Reeves. We are to have growth, no...
With the budget and Starmer’s investment summit approaching, the industry’s lobbyists are in full cry over ‘carried interest’ When the future deputy prime minister Angela Rayner walked the floor of a bespoke kitchen outfitter’s warehouse...
For these companies, economies of scale, low wages, minimum staffing and cost-cutting are the order of the day, writes Norman Edwards Your editorial on the failures of the privatisation of care services ( 7 October ) rightly highlights...
From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits Whenever I ponder the enormity of the multitrillion-dollar...
Private equity groups Calveton and Breal Capital to buy 51 restaurants, although 35 outlets will close A rescue deal for the UK arm of TGI Fridays has been struck, with two private equity groups to buy 51 restaurants – although a further...
Bill rejected by Newsom would have let attorney general deny mergers after recent scandal involving Stewart Health Hopes to rein in private equity investment in healthcare died in California last weekend, as a nationally watched bill was...
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.