Goldman unit in talks to buy stake in private equity firm Permira

Goldman unit in talks to buy stake in private equity firm Permira

UK private equity firm is known for backing companies including Hugo Boss and Duff & Phelps A unit of Goldman Sachs is in talks to buy a stake in Permira, a large international private equity firm, according to people familiar with the matter. In the deal being...
Telenet shareholder CIAM calls for $1 bln special payout

Telenet shareholder CIAM calls for $1 bln special payout

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...
CVC seeks up to 20 billion euros for new buyout fund

CVC seeks up to 20 billion euros for new buyout fund

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 Hedge Fund Slumps 9% Amid Market Sell-Off

David Harding’s Winton Hedge Fund Slumps 9% Amid Market Sell-Off

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...