Category: Private Equity

Deal for Formula 1 Team Reflects Growing U.S. Interest in the Sport

The actor Ryan Reynolds and the private equity firm RedBird Capital are among the investors taking a stake in Renault’s Alpine team.
Michael Jordan to Sell Majority Stake in Charlotte Hornets

Jordan, the former star of the Chicago Bulls, purchased the team in 2010.
Former CNN Chief Jeff Zucker Has a New Job at RedBird IMI. What Is It?

Mr. Zucker is C.E.O. of a $1 billion investment venture backed by RedBird Capital Partners and International Media Investments, an Emirati firm.
Corporate Bankruptcies Are Set to Reach a Decade-Long High

New data shows that 2023 is shaping up to be the biggest year for Chapter 11 filings in more than a decade.
Bank Turmoil Is Paving the Way for Even Bigger ‘Shadow Banks’

The market for loans from non-bank firms like Apollo and Blackstone is booming. A crisis in regional lenders could accelerate it.
Dominion Voting Systems: What to Know About the Company Suing Fox

Dominion, which is owned by a New York private equity firm, has accused the news network of spreading false narratives about its election technology.
Kushner’s Firm Was Backed by Investments From the Emirates and Qatar

The New York Times – Business:
The infusion of money from interests in the two Persian Gulf monarchies reflects the close ties to Middle Eastern nations established by Jared Kushner, former President Donald Trump’s son-in-law.
First Republic Plans to Raise Cash by Selling Shares Privately

The New York Times – Business:
After a bailout from the biggest banks, the ailing midsize lender is searching for more help to shore up its finances and soothe the fears of investors and depositors.
Thomas H. Lee, a Pioneer in Leveraged Buyouts, Is Dead at 78

The New York Times – Business:
Born into wealth, he turned it into even greater wealth in founding a Boston firm and was remembered as a “kinder, gentler” corporate raider.
Remembering Thomas H. Lee, a Veteran of Private Equity

The New York Times – Business:
The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music.
Thomas Lee, Private Equity Pioneer, Is Dead at 78

The New York Times – Business:
The financier, who called himself Tomcat, was an early buyout enthusiast.
‘The World’s Largest Construction Site’: The Race Is On to Rebuild Ukraine

The New York Times – Business:
As the country’s leaders lay postwar plans, companies from around the world are jockeying for advantage in what could be a multibillion-dollar effort, although one loaded with risk.