Blackstone hires ex-Navab exec to focus on healthcare growth investments, Kline Hill preps Fund III
First Read begins the day with news that US Steel is temporarily laying off 200 workers in Michigan, Elanco Animal Health agrees to buy Bayer's veterinary drugs in a $7.6 bln deal and Trump dismisses recession fears but floats stimulus ideas.
Who pays the adviser fee in a fund revamp?, CalPERS PE overhaul and media issues
This week’s jobs include a vice president at Macquarie and associates at Ropes & Gray, Hg and Apollo.
Fundraising keeps up pace as M&A slows, Motive Partners collects $500 mln
First Read begins the week with news that Greenland tells President Trump the island is not for sale, Alibaba's Tsai buys the rest of NBA's Brooklyn Nets and Cape Cod swimmers get used to lots of sharks.
Arsenal’s WCG preps for sale, Vesey’s Feinstein talks healthcare
The old adage about the finance industry is “if you want loyalty on Wall Street, get a dog.” That mentality has slowly crept onto Main Street as cultural norms have shifted, a strong job market has persisted and the options for consumers have exploded and are just a click away. A much-referenced LinkedIn study reported that […]
Ackman's Pershing Square said to buy Berkshire Hathaway stake; Providence prepares launch of first Europe-focused growth fund; Houlihan Lokey expands fintech team
First Read begins the day with news that U.S. stocks plunge as bonds flash a recession working, WeWork files to go public after losing $1.9 billion last year, and VM Ware is in talks to buy Pivotal Software at $15 a share.