8 h. ago There is so much more to the stellar City than a crude count of the IPO tally

The rise of private equity and technology-led, asset-light firms means much of today’s value creation now happens outside the public markets

Politics

10 h. ago Private Equity Tops Hedge Funds as London’s Big Office Spenders

Private Equity Tops Hedge Funds as London’s Big Office Spenders  Bloomberg.com

Economics

59 h. ago Barclay family sells Littlewoods owner The Very Group to US private equity

The Barclay family has sold online retailer The Very Group to US private equity after more than 20 years of ownership.

Politics

60 h. ago Barclay family’s Very Group taken over by US private equity firm Carlyle

The move ends a lengthy period under the ownership of the Barclay family, which has been forced to give up control of a raft of businesses.

Economics

3 d. ago US private equity giant poised to take over online retailer The Very Group

Barclay family set to lose another part of former business empire, once known as Littlewoods, to Carlyle GroupThe Barclay family is set to lose control of another part of their former business empire with a US private equity firm taking control of online retailer the Very Group.Washington-headquartered Carlyle Group is expected to announce it has taken over the retailer as soon as Monday morning. Continue reading...

Politics

3 d. ago Private equity steps in as Europe’s last industrial groups splinter

Buyout firms see opportunities to improve performance at non-core divisions of region’s remaining conglomerates

Politics

8 d. ago Private equity investor body sounds alarm over rush of retail money

Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’

Economics

9 d. ago Telegraph bidder reported for potential breach of editorial independence rules

UK government alerted after RedBird Capital’s boss allegedly threatened to ‘go to war’ with the title’s newsroom The boss of the US private equity group bidding for the Daily Telegraph has been reported to the UK government for potentially breaching rules protecting the newspaper’s editorial independence, after allegedly threatening to “go to war” with the title’s newsroom.The Guardian understands that the independent directors of Telegraph Media Group (TMG) have alerted the Department for Culture, Media and Sport (DCMS) about supposed comments made by RedBird Capital’s Gerry Cardinale to the Telegraph’s editor, Chris Evans. The government department is thought to be considering if there has been a breach of the legislation. Continue reading...

Politics

1 week ago Simpson Thacher Boosts London Private Equity Offering With Kirkland Partner

Simpson Thacher Boosts London Private Equity Offering With Kirkland Partner  Law.com

Politics

2 w. ago Kirkland & Ellis trains lawyers on communication style after investor tensions

Firm moves to repair relations with backers of private equity funds after claims of uncooperative behaviour in negotiations

Economics

2 w. ago RSM pitches mergers as alternative to private equity for accounting firms

Partnership between US and UK groups designed to allow additional member groups to join

Economics

3 w. ago Bank should take concerns over private finance ‘very seriously’, says Bailey

The Governor of the central bank also confirmed that the Bank is planning to run a ‘stress test’ with private equity and credit firms.

Economics

3 w. ago US army taps private equity groups to help fund $150bn revamp

Apollo, KKR, Carlyle and Cerberus among investors that held talks with federal government

Economics

4 w. ago ‘We’re ripping ourselves to shreds’: with dance music bitterly divided, how far should cultural boycotts go?

Some artists and audiences are boycotting Boiler Room and other events over its parent company’s links with Israel – creating fierce debate about the best way to protest and how to remain uncompromisedThose attending Boiler Room’s two-day festival in London’s Burgess Park in August may have noticed a troubling message spray-painted on the site’s perimeter fence: “Boiler Room is owned by Israeli arms investors.” In nearby Brockwell Park, which hosted Field Day, Cross the Tracks and Mighty Hoopla – three festivals belonging to the same group as Boiler Room – graffiti depicted a bomb with the letters “KKR” emblazoned on it.In June 2024, the controversial private equity giant KKR acquired Superstruct Entertainment, the company that owns these four festivals and tens of others, many of which were the subjects of boycotts by artists this summer. That’s because KKR has considerable business interests in Israel, including investments in Axel Springer SE, a German media company that runs cla...

Culture

last month Citi Hires Two London Bankers to Advise on Private Equity Exits

Citi Hires Two London Bankers to Advise on Private Equity Exits  Bloomberg.com

Economics

last month Willkie Boosts London Private Equity Offering With Kirkland Hire

Willkie Boosts London Private Equity Offering With Kirkland Hire  Law.com

Politics