Sale has drawn interest from media groups, investors and billionaires including News UK and National World
Investment platform says discussions with private equity consortium led by CVC ‘ongoing’
Bain Capital, Permira and Veritas Capital among contenders in final round of Nord Anglia auction
The attractions for private credit funds of asset-backed lending are clear
‘Use it or lose it’
Jonathan Gray says portfolio of world’s largest alternative asset manager shows signs of inflation waning
Accounting firm’s US arm proposes takeover of UK and Irish businesses
Plus, the venture capital firms poised for a potentially massive Wiz payday and private equity retreats from returning cash with NAV loans
Federal judge points to conflict in relationships with financial sponsor and debtor in Chapter 11 case
Preqin acquisition gives access to data but does not solve problems such as illiquidity of assets, say industry observers
Use of fund-level net asset value loans to pay dividends falls 90% after institutional investors raise concerns
The tailwind of freakishly loose monetary policy is now over
Investors pay the price for flocking to so-called cov-lite leveraged loans with reckless abandon
Pluralsight lender group marked debts at seemingly implausible highs
Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients
Britain’s largest bicycle maker wanted long-term investors to help it pay down debt rather than increase leverage
Investors face a wide-ranging estimate of losses on loans to Pluralsight after demand for its training videos fell
The numbers are tilted in favour of the Wall Street vultures stumping up capital
Plus, lawyers try to make billions after nixing Elon Musk’s $56bn pay deal
Singapore’s state-owned investor ‘not in a hurry’ to invest in artificial intelligence and warns of ‘hype’ in sector
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates
Plus, SoftBank is not planning to follow Elliott’s call and a former ‘Barbarian’ hunts mid-sized deals
Three Hills Capital Partners wants to take advantage of influx of city’s popularity due to generous tax breaks
Sale of Preqin for £2.5bn has catapulted founder Mark O’Hare into ranks of Britain’s wealthiest people