GeoStabilization employees to get $75mn of proceeds from sale of company by KKR as part of growing trend
Company backed by investors including Clayton, Dubilier & Rice and Hellman & Friedman prepares €4.4bn dividend
Financial Reporting Council says outside investment into the sector would bring risks
US lender looks to win back business from asset managers that have targeted traditional banks’ most lucrative clients
Recapping and backslapping
Manager has cancelled plans to convert investment-grade credit fund and will opt for a corporate bond fund instead
CEO Salim Ramji cites inefficiencies and opportunities in the asset class
Arbitrage for the public good?
Also in today’s newsletter, pension and insurance funds make headway on financed emissions
Would a state pool of money by any other name smell as sweet?
Private equity firm edges out rivals including General Atlantic and Saudi Arabia’s SURJ
Hone Capital became one of the most prolific early investors in US tech start-ups
If new rules for ‘blank-cheque’ vehicles lead to a revival investors should tread carefully
The country’s ad regulator found the French oil company’s sustainability claims ‘misleading’ in a first of its kind ruling
A trend long associated with equity investing is now playing out in the bond markets
Private equity firms have been forced to sell slices of their businesses as higher interest rates have hit the IPO market
Buyout groups can help revamp the profession, but there will also be unintended consequences
Plus, BlackRock’s new fund, nuclear fuel prices surge, and our Guide to the Business Lunch
Research Affiliates found that S&P 500 falls before a close election and surges after
A balanced portfolio has the best chance of preserving the long-term value of pension savings against price rise shocks
Lender has spent just a fraction of funds allocated to it, raising questions over need for more cash from new wealth fund
Platforms Association aims to represent online financial sites as regulatory scrutiny increases
Head, heart and network are all important when deciding what to do with our money
The key question is at what level carry should be taxed and what conditions are required to earn that benefit
Local currency bonds have lagged this year but Fed’s move is expected to ease pressure on developing nations