US private equity group nears deal for pharma spin-off after edging out PAI-led consortium
Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says
Plus, Ares scales up its real estate business
Bill Ford says his approach would not change if carried interest loophole is closed
Farm credit funding parent corporation has more than $400bn of debt securities outstanding that supports its lending
GLP Capital deal will add $44bn in assets to private investment group’s business
Purchase by Breal Capital and Calveton will keep at least 51 of brand’s 87 British outlets open
A rapid expansion in finance is coming together in an excitable cocktail of risk and opportunity
Chancellor wants to raise revenue from pay through carried interest without driving investors away
The Apollo chief believes we are on the cusp of a new era in finance
Stock rally offers boost to Europe’s IPO market in first big listing after summer break
Woes persist for London-listed company pummelled by pandemic and inflationary headwinds
The spaghetti cannon shoots again
There goes the neighbourhood
TDR Capital’s majority ownership of the struggling UK supermarket chain is a test for the industry
Simon Carter says higher debt costs have levelled the playing field as UK property group buys several retail parks
Big commodities groups watching outcome as founding families vie for Korea Zinc
Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns
We’re not gonna lie, we love it
Chief Marc Rowan sets targets for private capital group to become one of world’s largest debt underwriters
Plus, TPG leans into the streaming wars and PGIM’s chief executive warns of ‘layered leverage’ risks in private equity
Interest of PE groups in Sanofi’s Opella highlights the renewed ebullience of debt financiers
Private equity group’s DirecTV and Dish deals are about creating a budget rival to Netflix and Apple
TPG is nearing a deal to buy German metering company Techem for up to €7bn
Head of $1.3tn asset manager says complex forms of debt could ‘accelerate things on the downside’