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Home Tag Archives: Private Equity Funds

Tag Archives: Private Equity Funds

News

Veteran investor Gilbert to leave Standard Life Aberdeen


Posted on  October 2, 2019

LONDON (Reuters) – Veteran investor Martin Gilbert will leave Standard Life Aberdeen (SLA.L) subsequent yr, ending a profession spanning greater than three a long time on the helm of one in all Britain’s most profitable asset managers. FILE PHOTO: The workplaces of Standard Life Aberdeen in Saint Andrew Square Edinburgh, Scotland, Britain February 15, 2019.REUTERS/Russell Cheyne/File Photo The 500 billion …

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WeWork weighs pullback in China as part of cost cuts: WSJ


Posted on  October 2, 2019

A WeWork emblem is seen at a WeWork workplace in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch (Reuters) – WeWork’s mum or dad The We Company’s new administration workforce is contemplating curbing its enlargement plans in China as part of the corporate’s new emphasis on controlling prices, the Wall Street Journal reported, citing individuals conversant in the matter. …

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Major U.S. investors have billions at risk in Chinese stocks


Posted on  October 1, 2019

SAN FRANCISCO (Reuters) – Major U.S. fund managers have tens of billion of {dollars} at stake in among the hottest Chinese stocks on Wall Street, exposing them to potential losses ought to the White House transfer to delist Chinese corporations from U.S. exchanges. FILE PHOTO: Traders work on the ground at the New York Stock Exchange (NYSE) in New York, …

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UK to repatriate 16,700 Thomas Cook customers on Saturday


Posted on  September 28, 2019

FILE PHOTO: Passengers line up in entrance of Thomas Cook counters on the airport of Heraklion, on the island of Crete, Greece September 24, 2019. REUTERS/Stefanos Rapanis (Reuters) – An extra 16,700 customers of collapsed British journey agency Thomas Cook are scheduled to be repatriated on Saturday on 76 flights, the nation’s aviation regulator mentioned. The Civil Aviation Authority mentioned …

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Wealth manager Moneyfarm wins Poste Italiane, Allianz backing


Posted on  September 26, 2019

LONDON (Reuters) – Digital wealth administration firm Moneyfarm stated on Thursday it had raised 36 million kilos ($44.four million) from Poste Italiane and Allianz Asset Management in its newest funding spherical. Moneyfarm additionally stated it plans a strategic partnership with Poste Italiane that can see the monetary expertise firm’s digital funding recommendation and managed funding portfolios made accessible to the …

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UK to repatriate 16,000 people on fourth day of Thomas Cook collapse


Posted on  September 26, 2019

FILE PHOTO: Passengers are silhouetted in entrance of a closed service counter of journey agent Thomas Cook and airline Condor on the airport in Frankfurt, Germany, September 24, 2019. REUTERS/Kai Pfaffenbach (Reuters) – Britain’s Civil Aviation Authority (CAA) stated over 70 flights are scheduled for Thursday to convey again 16,000 people to the nation following the collapse of Thomas Cook. …

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After Thomas Cook collapse, UK PM asks why bosses got paid millions


Posted on  September 24, 2019

NEW YORK/LONDON (Reuters) – After the collapse of Thomas Cook left tens of hundreds of Britons reliant on the federal government to carry them residence, Prime Minister Boris Johnson questioned whether or not the journey agency’s bosses ought to have paid themselves a lot forward of its demise. Running accommodations, resorts and airways for 19 million folks a 12 months, …

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Private equity can still find ‘diamonds in the rough’: Apollo exec


Posted on  September 23, 2019

FILE PHOTO: Joshua Harris, co-founder and a member of the board of administrators at Apollo Global Management speaks throughout the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Lucy Nicholson/File Photo NEW YORK (Reuters) – Private equity billionaire Joshua Harris thinks there are still loads of undervalued corporations to enhance and revenue from, particularly away from …

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SoftBank turns against WeWork’s parent CEO Neumann-sources


Posted on  September 22, 2019

(Reuters) – Japan’s SoftBank Group Corp (9984.T), the largest investor in WeWork proprietor The We Company, is exploring methods to switch Adam Neumann as chief govt of the U.S. office-sharing start-up, 4 folks accustomed to the matter mentioned on Sunday. FILE PHOTO: Adam Neumann, CEO of WeWork, speaks to friends in the course of the TechCrunch Disrupt occasion in Manhattan, …

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