Long-time managing director David Mansell to leave Onex Partners; Vista Equity stands to double its money with Ping IPO; Omega's Cooperman says private equity is a scam
First begins the day with news that oil legend T. Boone Pickens dies at 91, Hong Kong Stock Exchange makes a $36.56 billion bid for London Stock Exchange, and Walmart expands its unlimited grocery delivery service nationwide.
Whitehorse leads strip sale out of Carlyle's debut mid-market fund; Morgan Stanley Capital Partners weighs sale of Pathway Vet Alliance; LSE gets surprise $39 bln offer from Hong Kong Exchange
First Read kicks off the day with news that Target is hiring 130,000 temp workers for the holidays, President Trump fires John Bolton as national security adviser, and Hong Kong Exchanges and Clearing Ltd has made a $36.6 bln bid to buy the LSE.
Landmark loses long-time partner Ian Charles; CapVest Partners weighs options for Curium Pharma; Aquila sues Vista-backed Solera
Since 2012, the total number of private equity deals have increased within the healthcare sector year after year. As of mid-December 2018, a record breaking 464 private equity deals had closed with a combined value of $35 billion. Attracted by the high return on investment the healthcare sector can generate for portfolios, the current investment […]
First Read begins the day with news that Nissan's CEO is stepping down, Google is facing a new antitrust probe, and SoftBank urges WeWork to shelve its IPO.
This week’s jobs include associate spots at Livingston Street Capital, CPPIB and Ares.
Ex-energy capital partner launches SER Capital; Court Square puts National Seating & Mobility up for sale; What's the real impact of credit lines on fund performance?
First Read begins the week with news that the world's largest Starbucks will open in Chicago, Symantec receives takeover interest from Permira and Advent International, and Rafael Nadal wins the 2019 U.S. Open.