L Catterton Inches Ahead in $5 Billion Birkenstock Bidding

L Catterton Inches Ahead in $5 Billion Birkenstock Bidding

L Catterton, the private equity firm backed by luxury French fashion house LVMH, is starting to pull ahead in the bidding for iconic German sandal maker Birkenstock, people with knowledge of the matter said. Birkenstock’s owners are currently focusing on negotiations...
Theo Epstein’s Latest Project Is a $275 Million SPAC

Theo Epstein’s Latest Project Is a $275 Million SPAC

Late last year, Theo Epstein — the baseball executive whose work helped both the Boston Red Sox and Chicago Cubs to landmark World Series victories — stepped down from his role at the Cubs. Unsurprisingly, there was no small amount of speculation as to what his next...
The pension funds at risk of a dotcom crash

The pension funds at risk of a dotcom crash

Pension firms are ploughing billions of pounds of people’s retirement savings into big tech companies despite fears that huge valuations are fuelling another dotcom bubble. Apple, Amazon and Facebook dominate the holdings of some of the biggest workplace pensions in...