The intersection between the capital markets and the insurance industry Sponsored Insurance is part of the DNA of global capitalism, but due to concerns around complexity and liquidity, the market has historically struggled to attract the capital needed for growth. Aon’s Capital Advisory division works with insurance clients to enhance return on capital by matching risk with capital to make better business decisions. It’s been built [...]
Make UK Equities Great Again Opinion UK equities are lagging behind international competitors, but Hugh Sergeant is on a mission to turn that around – complete with baseball caps. UK Equities are unloved and have been so for years. The UK market sits at a significant discount to many of its international peers, especially the US, and while everyone seems to [...]
Sovereign Capital plans professional services mega-merger Business Sovereign Capital is set to merge seven of its regional professional services firm into one, according to reports. The private equity firm is planning to combine the regional accountants under the name Affinia, The Sunday Times revealed. Affinia is expected to make around £35m a year in sales cumulatively, and is aiming to double its [...]
Investor row erupts over Loungers private equity bid December 1, 2024 An investor battle has erupted over a private equity bid for Cosy Club and Brightside operator Loungers, with some “furious” over the perceived low offer. On Thursday, the Loungers board backed a £338m takeover offer from Fortress Investment Group, a 30 per cent to its share price. Despite the board accepting the offer, various shareholders [...]
Six Nations investors CVC Capital Partners have offices raided November 5, 2024 CVC Capital Partners, whose sport investments include the Six Nations and Premiership Rugby, has reportedly had its offices raided alongside the French football league in Paris. Police searched the office of the private equity firm and the football body on Tuesday as part of a potential corruption investigation, according to reports. Prosecutors are said to [...]
Man Utd deal was win-win for Ratcliffe and Glazers, says Raine Group October 16, 2024 Sir Jim Ratcliffe’s £1.25bn investment in Manchester United was a win for both him and majority shareholders the Glazers, insists the bank which brokered the deal. Ineos tycoon Ratcliffe shelled out for a 27.7 per cent stake in the Premier League football club in December and, in return, took over much of the decision-making from [...]
Chelsea investor in talks for landmark stake in Miami Dolphins October 3, 2024 Chelsea investor Ares Capital is in talks with the owner of the Miami Dolphins to become the first private equity firm to buy a stake in an NFL franchise. The New York-headquartered asset manager is negotiating the purchase of a 10 per cent stake in the Dolphins’ parent company, according to multiple reports. The deal [...]
How private equity swallowed up the UK – and why it’s unsettling regulators September 30, 2024 Private equity has been buying more and more of the UK over the past decade, with thousands of listed or private businesses now snapped up by buyout funds and venture capital investors. Iconic British businesses like Morrisons, Pret A Manger and Asda have been swallowed up by private capital, with deals like the takeover of [...]
With London IPOs on the wane, the private equity market needs to stay competitive September 27, 2024 Private equity deals have gone through a rocky patch but there is still plenty of capital looking for a home, says Edwin Richards Whilst popular in decades gone by, the age of the conglomerate has long been over. Most investors want to decide which sectors they invest in and want to be associated with champions [...]
Goldman-backed Petershill announces bumper dividend after pick-up in dealmaking September 17, 2024 Petershill Partners has announced a special dividend of 9 cents (7p) per share after a flurry of deals and a successful asset raising round helped the private equity firm return to growth. The Goldman Sachs-backed firm, which floated on the London Stock Exchange three years ago, generated a total income of $146m (£111m) in the [...]