Former Cerberus, BNP Paribas execs sets up private equity firm

Former Cerberus, BNP Paribas execs sets up private equity firm

Matthew Hansen will be joined by the former deputy chair of BNP Paribas’s business in Ukraine, in a new venture making investments in Europe’s finance sector A former executive from buyout group Cerberus and the former deputy chair of BNP Paribas’s Ukrainian arm have...
Private equity’s talent challenge: Keeping it out of the family

Private equity’s talent challenge: Keeping it out of the family

Family offices, which handle the wealth of the very rich and their kin, are increasingly poaching young talent from buyout firms, challenging the private equity industry’s claim as the destination of choice for aspiring dealmakers. The five executive headhunting firms...
Topgolf IPO Could Value Company at $4 Billion

Topgolf IPO Could Value Company at $4 Billion

Topgolf International Inc., an operator of driving ranges with a party atmosphere, has selected banks for an initial public offering that could value the company at about $4 billion, according to people familiar with the matter. The Dallas-based company is working...
Xerox secures $24 billion financing for proposed HP takeover

Xerox secures $24 billion financing for proposed HP takeover

Xerox Holdings Corp (XRX.N) said on Monday it has secured $24 billion in financing for its $33.5 billion takeover offer for HP Inc (HPQ.N), a deal that the personal computer maker is opposing. HP rejected the $22 per share offer in November saying it “significantly”...
Private equity giants vow to show their ESG credentials in 2020

Private equity giants vow to show their ESG credentials in 2020

Private equity fund managers, the “barbarians at the gate” known for aggressive buyout deals, will be presenting a friendlier face this year, in an effort to convince investors that their environmental, social and corporate governance credentials are more than just...