KKR in talks to buy stake in Veritas business valued at close to $11bn
A potential deal for healthcare technology company Cotiviti comes after earlier bid from Carlyle fell through
View ArticleKKR hires bankers after approaches for its song rights catalogue
An auction would test Wall Street’s appetite for music royalties as higher rates hit valuations
View ArticleRising rates rock private equity’s billion-dollar bets on music
Wall Street firms that had been vying to snap up song rights have slowed their buying considerably
View ArticleMusk told lenders they would not lose money on Twitter deal
Banks are facing serious losses on the debt as social media platform’s business deteriorates
View ArticleHow SoftBank’s bet on US mortgage lender Better backfired
Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended
View ArticleBerkshire Hathaway settles dispute over value of Pilot Travel Centers
Conglomerate averts trial after reaching undisclosed deal for full settlement of lawsuit
View ArticleAdam Neumann seeks to buy WeWork out of bankruptcy
Entrepreneur says he is partnering with Third Point but hedge fund says it has not committed to participating in any deal
View ArticleAdam Neumann won’t go away
Plus, Carlyle’s make-or-break year under Harvey Schwartz and Saudi Arabia’s advisers testify
View ArticleCreditors question Adam Neumann’s plans for a WeWork comeback
The co-working entrepreneur has made a late entry into an already complex bankruptcy process
View ArticleWarren Buffett’s Berkshire Hathaway pares its stake in Apple
Share sale follows investor’s admission that an earlier cut to its holding may have been a mistake
View ArticleBillionaire Michael Dell backs ex-Goldman executives’ new credit firm
Family office to provide first outside funding for credit asset manager 5C Investment Partners
View ArticleBarclays boss has a bold turnaround plan. Will it work?
Plus, two credit card lenders strike a megamerger and private lending gets another thumbs up from Michael Dell
View ArticleBuffett admits Berkshire’s days of ‘eye-popping’ gains are over
Investor warns there are ‘essentially no candidates for capital deployment’ outside US as cash pile hits record high
View ArticleBanks strike back at private credit in ‘aggressive’ push to win deals
About $10bn of loans have been refinanced in public markets as conditions improve due to rate cuts being on the horizon
View ArticleBuffett sounds wildfire alarm as utilities industry enters new era
Berkshire Hathaway ‘will not knowingly throw good money after bad’, billionaire says as damages pile up
View ArticleCracks widen in Israel’s war cabinet
Senior minister Benny Gantz’s White House visit lays bare growing tensions within Israel’s war cabinet
View ArticleLuxury gym chain Equinox raises $1.8bn to avert cash crunch
Indebted New York fitness group needed to refinance $1.2bn in debt after pandemic closures led to a liquidity crunch
View ArticleUS home sale fees set to fall after real estate group settles lawsuits
National Association of Realtors has agreed to pay $418mn in damages in a deal that sent brokerage shares lower
View ArticleBarings sues Nomura-backed private credit firm over ‘one of largest corporate...
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
View ArticleThe daring raid on Barings that has shaken $1.7tn private credit market
More than 20 senior executives have defected to a brand new business set up by an Australian property executive
View ArticleAdam Neumann makes conditional offer to regain control of WeWork
Co-working group’s co-founder says he has ‘half a dozen’ partners to finance a potential bid of about $600mn
View ArticleBain Capital promotes top dealmaker to co-managing partner
David Gross appointed to jointly lead the private equity group from April
View ArticleGoldman Sachs expands private credit reach with Kennedy Lewis stake
Bank’s Petershill Partners unit reaches deal that values investment firm at more than $1bn
View ArticleBrookfield in talks to buy majority stake in $22bn airline lender
Castlelake’s aircraft leasing focus fits private capital industry’s interest in asset-backed debts
View ArticleHigh-speed trader Jane Street raked in $4.4bn at start of 2024
Trading revenue for secretive New York firm rivals sums generated by Wall Street banks
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