3 h. 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

69 h. ago Ukraine faces ‘forever war’ unless Europe steps up pressure on Russia, says ex

Anders Fogh Rasmussen calls for air shield on Nato territory and deployment of European protection force for UkraineUkraine is facing a “forever war” and a slow erosion of territory unless Europe dramatically increases pressure on Russia, including by deploying troops and establishing a missile and drone shield on Nato territory to protect Ukraine from Russian attacks on its infrastructure, a former Nato secretary general has said.Anders Fogh Rasmussen, who held the Nato post from 2009 to 2014 and was the prime minister of Denmark from 2001 to 2009, said in an interview with the Guardian that if countries such as Poland agreed to host such air defences, Russia would understand that an attack on Ukraine would be an attack on the whole of the Nato alliance. Continue reading...

Events

5 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

5 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

9 d. ago Simpson Thacher Boosts London Private Equity Offering With Kirkland Partner

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

Politics

1 week ago Man United and England legend Paul Scholes QUITS television punditry work to care for his non

The 50-year-old was previously a frequent fixture on television coverage of domestic and European matches, but this season has stepped away from television to focus on podcasting.

Politics

1 week 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 Meta found in breach of EU law over ‘ineffective’ complaints system for flagging illegal content

European Commission initial finding says Facebook and Instagram introduced unnecessary steps for users to submit reportsInstagram and Facebook have breached EU law by failing to provide users with simple ways to complain or flag illegal content, including child sexual abuse material and terrorist content, the European Commission has said.In a preliminary finding on Friday, the EU’s executive body said Meta, the $1.8tn California company that runs the social media services, had introduced unnecessary steps in processes for users to submit reports. Continue reading...

Society

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

2 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

2 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

2 w. ago European football 'is corrupt' as Vladimir Putin official slams agents and VAR

Vladimir Putin official and passionate fan Sergei Stepashin, has slammed European football as corrupt and taken aim at VAR and footballers' agents

Politics

3 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

3 w. ago 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

3 w. ago Willkie Boosts London Private Equity Offering With Kirkland Hire

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

Politics

4 w. ago Senator's letter to Big Ten presidents: Private equity 'unlikely to align' with academic goals

Washington Sen. Maria Cantwell sent a letter to Big Ten presidents, warning that a move into private equity could have negative consequences, including impacting the schools’ tax-exempt status

Politics