Singapore state-owned investor ‘not in a hurry’ to invest in AI and warns of ‘hype’ in sector
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates
Plus, SoftBank is not planning to follow Elliott’s call and a former ‘Barbarian’ hunts mid-sized deals
Three Hills Capital Partners wants to take advantage of influx of city’s popularity due to generous tax breaks
Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest people
Plus, Blackstone becomes a whale in private equity debt and Shari Redstone revives her sale of Paramount
Swedish buyout company lowers price in agreement that underlines attraction of London’s stock market
Policymakers are directly or inadvertently fuelling the rise of the asset manager lender
Deal could value group owned by Graphite Capital at about £100mn as it seeks to expand outside UK
The US buyout group has become one of the biggest buyers of a fast-growing type of risk transfer product
Chair of group set up to manage music rights will exit when $1.6bn purchase is completed
Aspirational deals are tricky when the opportunity cost of risk capital is so high
Plus, Boaz Weinstein vs BlackRock, private equity’s march in the UK, and summer reading recommendations
Asda backer appoints Houlihan Lokey and Morgan Stanley to lead process for education group BPP
New Mountain Capital founder played minor role in brawl for RJR Nabisco — and spent rest of career avoiding deals like it
Sale of most of FairJourney Biologics means London-based owner GHO Capital realises close to 10-fold return
The lack of exit options for investments has forced some executives to reconsider more swashbuckling strategies
Plus, troubles are brewing among loans favoured by private equity, and venture capital makes a big bet on defence tech
Bid just highlights the underperforming group’s discount to the value of its parts
Central bank concerned that risks in sector backing 2mn UK private-sector employees could spill over to rest of economy
Plus, the M&A market’s budding comeback and ad group WPP turns down KKR’s takeover bid for its PR unit FGS Global
Labour wants to increase taxation of buyout bosses, who have amassed huge profits over the past two decades
Auction attracted some of the biggest names in private credit
Private equity group’s recent offer for FGS Global was knocked back by WPP for being too low
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