Hedge fund CIAM has requested an exceptional dividend payout of 970 million euros ($1.05 billion) from Belgium’s Telenet citing management underperformance, a letter from the Paris-based activist investor showed on Friday. CIAM is “concerned by Telenet’s financial...
U.S.-based private equity firm Clayton, Dubilier & Rice has agreed to buy British healthcare marketing and services company Huntsworth for about 400 million pounds ($511 million) in a bet on continued strong growth in global healthcare markets. Clayton, Dubilier...
CVC Capital Partners Ltd is looking to raise up to 20 billion euros ($22 billion) for its latest flagship buyout fund, in what would be the private equity firm’s biggest pool of capital amassed to date, people familiar with the matter said on Monday. The fund, CVC...
David Harding’s Winton Fund lost nearly 9% last week amid a coronavirus-fueled sell-off that rocked global markets. The $7.6 billion multi-strategy fund, which uses computer-driven models to trade across asset classes, ended February down 5.7%, according to a letter...
Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Schwarzman’s haul consisted of $452 million in dividends and around $53.5 million in carried interest, the New... 