5 d. ago Morning Coffee: Lawyer on $850k spends $21k a month, feels poor. Private equity pay in London

Morning Coffee: Lawyer on $850k spends $21k a month, feels poor. Private equity pay in London  eFinancialCareers

Economics

6 d. ago This Private Equity Auction Is an Indictment of London’s Market

This Private Equity Auction Is an Indictment of London’s Market  Bloomberg.com

Economics

6 d. ago Trump opens the door for private equity and crypto as 401(k) retirement plan options

Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments

Politics

7 d. ago Top UK private equity earners dwindle ahead of Reeves crackdown

Changes to non-dom regime and carried interest tax rules squeeze London buyout sector

Politics

7 d. ago Top UK private equity earners dwindle ahead of tax crackdown

Changes to non-dom regime and carried interest tax rules have squeezed London buyout sector

Economics

8 d. ago Major supermarket cuts another 3,600 jobs as it slashes staff costs

Morrisons slashed more than 3,600 jobs last year as the embattled retailer turned a profit for the first time since its 2021 private equity takeover.

Economics

8 d. ago Spectris agrees £4.8bn takeover offer as KKR outbids private equity rival

Private equity giant KKR has trumped rival Advent's takeover bid for British scientific instruments maker Spectris with an improved offer.

Economics

1 week ago Labour grandee Alan Milburn urged to step aside from advising private equity sharks who swooped on NHS dentists as millions struggle for appointments

Labour grandee Alan Milburn has faced calls to resign from his role advising private equity predators who have bought the biggest chain of NHS dentists.

Economics

1 week ago ‘Everybody’s starved of affection’: Past Lives director Celine Song on the brutal dating scene and her realistic new romcom

The writer-director’s debut film earned critical acclaim and Oscar nods for its portrayal of loves lost and rekindled. Her follow-up stars Dakota Johnson, Pedro Pascal and Chris Evans in a romance about dating across the class divide‘Our financial literacy is so fucked,” says Celine Song. We’re having breakfast in Manhattan on a sunny Saturday in early July, a few weeks after her new film, Materialists, has opened in New York City. She’s wearing a charmingly ironic outfit: a T-shirt that says “HOWDY” and a baseball cap that says “Big” (she’s petite, 5ft 4in, for the record) – but she speaks with almost disarming earnestness.She’s frustrated, she tells me, that people have described one of the characters in her film, a private equity manager with a $12m apartment, as a “billionaire”. “If you’re a billionaire, your big apartment is not $12m!” she exclaims. “The average income of an American adult is $35,000. What that means is half of America makes less than $35,000. Three times that ...

Culture

4 w. ago Down in one: how private equity swallowed the BrewDog Unicorn

Thanks for all the money, Punks

Politics

4 w. ago How a British private equity firm became a $100bn tech success

Hg spent two decades taking Visma to the brink of London’s biggest tech IPO in years. Can it repeat the trick with bigger, newer funds?

Economics