Bridgepoint eyes £3.5bn bonanza from motor racing sale

Bridgepoint eyes £3.5bn bonanza from motor racing sale

The long-standing owner of the Moto GP global motor-racing series is in advanced talks to sell the business for more than £3bn. Sky News has learnt that Bridgepoint, which is the biggest shareholder in Moto GP’s parent company, Dorna Sports, is seeking a...
JPMorgan begins private lending drive with $10bn

JPMorgan begins private lending drive with $10bn

JPMorgan Chase & Co has set aside at least $10 billion to back its foray into the world of direct lending. The Wall Street titan’s move into the market is likely to put it head to head with established sector heavyweights such as Ares Management Corp and...
Pollen Street Capital to buy Mattioli Woods in £423m take

Pollen Street Capital to buy Mattioli Woods in £423m take

Mattioli Woods looks set to be sold in a £432m deal to private equity firm Pollen Street Capital. The deal will see Leicester-based Mattioli Woods investors receive 804p for each share they hold. The firm’s directors have recommended that shareholders vote through the...
Modern Wealth Management acquires $1.2bn retirement shop

Modern Wealth Management acquires $1.2bn retirement shop

Modern Wealth Management, an American registered investment advisory (RIA), has snapped up Beltz Ianni & Associates (Beltz Ianni) for an undisclosed price, in a move to expand its footprint to the eastern region of the US. Beltz Ianni, which is based in Rochester,...