Category: Private Equity

U.S. Aims to Curb Investment in China Amid Security Concerns

The New York Times – Business:
The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
Carlyle Names Harvey Schwartz, Former Goldman Sachs Executive, as CEO

The New York Times – Business:
Harvey Schwartz, who was passed over for the top job at Goldman Sachs, is taking over at the private equity giant.
When Private Equity Came for the Toddler Gyms

The New York Times – Business:
The same playbook that has notched high returns acquiring things like foreclosed homes and highway rest stops is being tested by a family-oriented franchise.
Grocery Store Merger Faces Long Road Before Approval

The New York Times – Business:
Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.
Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign

The New York Times – Business:
Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.
Bed Bath & Beyond in Talks to Sell Assets

The New York Times – Business:
The beleaguered retailer, which warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its Buy Buy Baby stores.
The Kroger-Albertsons Merger Spotlights a Popular Private Equity Tactic

The New York Times – Business:
Albertsons wants to pay $4 billion to shareholders ahead of its proposed merger with Kroger, a move that would require the already debt-ridden company to borrow $1.5 billion.
Manchester United Owners Consider Sale of Storied Club

The New York Times – Sports:
The Glazer family has hired advisers to weigh its options for the multibillion-dollar soccer club, which it has owned since 2005.
Fed Frets About Shadow Banks and Eyes Treasury Liquidity in New Report

The New York Times – Business:
The Federal Reserve is watching the government bond market and investment funds as rate increases ricochet through finance.
American Money Has Discovered Indian Cricket

The New York Times – Sports:
Billion-dollar investment funds and N.F.L. ownership groups are among those angling for a foothold in the Indian Premier League. The returns, not the sport, are the draw.