by Sebastian | Dec 19, 2019 | News
In her continuing effort to punish success, Sen. Elizabeth Warren is going after an important piece of America’s thriving economy: the private-equity industry. Her subtly titled Stop Wall Street Looting Act would put private-equity investors in a legal category...
by Sebastian | Dec 19, 2019 | News
The bank has new leadership for its alternative investments and manager selection business. Goldman Sachs Group’s asset management unit has named Raanan Agus and Mike Brandmeyer co-heads of alternative investments and manager selection, in a reshuffling of...
by Sebastian | Dec 19, 2019 | News
LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. The purchase price comes out to $86.05 per share...
by Sebastian | Dec 19, 2019 | News
In early October, WeWork’s board of directors trickled into a brick building in lower Manhattan where the startup had an office. After they took their seats around the conference room table, Mark Schwartz started to vent. “I’ve stayed silent too long,” the 65-year-old...
by Sebastian | Dec 19, 2019 | News, UKPEC
Oakley Capital, the private-equity fund, is cheap, yet its investments are flourishing. Although Oakley Capital Investments (LSE: OCI), with £650m of assets, has been the best performer in the private-equity sector in the last year, it still trades on a 29% discount...