Partners Group’s performance fees hit by slump in private equity deals market

Private equity firm Providence weighs £1bn sale in latest events transaction

Company in early-stage deliberations over sale of CloserStill amid surging demand for conferences

Financial Times - 8h

Carrie Underwood to perform at Trump's inauguration

The country music star is set to perform "America the Beautiful" before Trump takes the oath of office.

CBS News - 1d

Starmer aims to refocus attention on growth after hit from markets

UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdrop

Financial Times - 1d

An avalanche hits a group of skiers in Italy's Piedmont Alps, killing 3

An avalanche has hit a group of five skiers in Italy’s northern Piedmont region on Sunday, killing three of them, rescuers said

ABC News - 2d

Private security groups to work alongside police in UK crime crackdown

Mitie director says talks under way to help bridge ‘significant gap’ in front-line needs

Financial Times - 3d

Private equity targets Europe for big buyout deals

Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024

Financial Times - 3d

Saturday Sessions: Wilderado performs "Favors"

Wilderado was formed in 2015, when frontman Max Rainer and guitarist Taylor Wimpee met at Baylor University. In the decade since, the band has recorded two albums and five EPs, and toured the ...

CBS News - 3d

Saturday Sessions: Wilderado performs "Talker"

Wilderado was formed in 2015, when frontman Max Rainer and guitarist Taylor Wimpee met at Baylor University. In the decade since, the band has recorded two albums and five EPs, and toured the ...

CBS News - 3d

Private equity in 401(k) plans? ‘Highly risky’ for the average investor.

The private-equity industry wants more access to retirement accounts.

MarketWatch - 3d

Uranium prices hit record as thirsty AI data centres add to market squeeze

Industry pressured to build new conversion facilities to cover end of US import waiver and impact of Ukraine war

Financial Times - 4d

As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump

The wildfire may be the costliest disaster in California history.

Inc. - 4d

DOJ Sues to Block Global Business Travel Group's $570 Million Deal for CWT Holdings

Global business Travel Group — also known as Amex GBT — was trying to avoid a future business loss to CWT by buying the company, the DOJ alleges.

The Wall Street Journal - 4d

How California wildfires are hitting the state’s housing market

Insurance companies have refused to renew policies for hundreds of thousands of homes in recent years

Financial Times - 5d

Whitehall braced for spending cuts after UK hit by bond market turmoil

Rising gilt yields mean government departments may face further squeeze

Financial Times - 5d

Private-sector hiring slows: ADP

Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...

The Hill - 5d

Meloni says Italy is exploring deals on telecoms security, but denies private talks with Musk

Italy’s Premier Giorgia Meloni said her government is in talks with private companies, including Elon Musk’s SpaceX, over the country’s telecoms security system, but denied having discussed the ...

ABC News - 6d

Hochul Seeks to Limit Private-Equity Ownership of Homes in New York

Widespread purchases of single-family homes by institutional investors may be contributing to soaring housing prices and low vacancy rates across the country.

The New York Times - 6d

Meta’s factchecking partners brace for layoffs

Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...

The Guardian - 6d

Private equity reduces patient care while enriching investors, Senate report finds

The Senate investigation of Apollo Global Management's purchase of Lifepoint Healthcare and Leonard Green & Partners' purchase of Prospect Medical Holdings reinforced the findings of past research.

NBC News - Jan. 8

Senate report slams private equity's "detrimental effects" on hospitals

Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.

CBS News - Jan. 7

Blackstone joins private equity deal wave in US accounting sector

Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuations

Financial Times - Jan. 7

Isak transfer fee would be off the charts - Shearer

Alan Shearer and Shay Given discuss the importance of striker Alexander Isak as well as Newcastle United's recent form.

BBC News - Jan. 7

FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds

Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problem

Financial Times - Jan. 6

Private equity to lobby Trump for access to savers’ retirement funds

Industry hopes incoming administration will open long-restricted private investments to individual investors

Financial Times - Jan. 6

US set for IPO comeback as private equity firms seek to offload holdings

Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings rebound

Financial Times - Jan. 5

‘There will be a bit of a slump’: London braced for luxury hotel glut

Biggest number of room openings in more than a decade prompts concerns about oversupply and price cuts

Financial Times - Jan. 4

U.S. Private Equity Shot Up in 2024, Signaling a Potential ‘Golden Age’ Ahead

New data from PitchBook paints a positive picture of the U.S. PE landscape.

Inc. - Jan. 3

Flyers & Maple Leafs Emerging As Potential Trade Partners

These Flyers forwards could get the attention of the Maple Leafs.

Yahoo Sports - Jan. 3

Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

CNBC - Jan. 3

Fee change on investment trusts could badly hit manager revenues

Greencoat UK Wind’s charge shake-up could be copied by other trusts

Financial Times - Jan. 3

He Wasn’t a ‘Bot,’ but Quickly Became Her Partner

Veronica Fitzpatrick and Kevin Fay met through the dating app Hinge in November 2022, and less than a year later, they became engaged.

The New York Times - Jan. 3

Denver group lands NWSL team for record $110M expansion fee, Sportico reports

An NWSL expansion team is headed to Denver for a record $110 million expansion fee

ABC News - Jan. 2

U.S. dollar index hits more than two-year high as markets brace for Trump return

Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.

CNBC - Jan. 2

How marketing pushed these three indie films into box office hits

Despite major obstacles, some indie films thrived this year. Yes, they were artistically accomplished, but inventive ad campaigns also helped draw in crowds.

Los Angeles Times - Jan. 2

Industrial policy must be practical not performative

New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shops

Financial Times - Jan. 2

South Korean investors pile into US equities as domestic stock market languishes

Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’