Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Miriam Gottfried"


25 mentions found


Jean EagleshamJean Eaglesham is a reporter covering insurance for The Wall Street Journal. She's based in London but covers the industry worldwide. Her articles cover all types of insurance: car, home, life, commercial and catastrophe coverage. Jean has previously reported for the Journal on accounting and on the Securities and Exchange Commission. Before joining the Journal, she worked for the Financial Times, including as chief political correspondent.
Persons: Jean Eaglesham Jean Eaglesham, Jean Organizations: Wall Street, Securities and Exchange Commission, Financial Locations: London
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/sports/fanatics-panini-america-trading-cards-nfl-nba-mlb-177975a1
Persons: Dow Jones Organizations: nba
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/goldman-sachs-veteran-julian-salisbury-to-join-sixth-street-13656246
Persons: Dow Jones, sachs, julian Organizations: goldman Locations: salisbury
Blackstone Wins Private Equity’s Race to $1 Trillion
  + stars: | 2023-07-21 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/blackstone-bx-q2-earnings-report-2023-c3737cb5
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/blackstone-bx-q2-earnings-report-2023-c3737cb5
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/michael-milken-bond-king-felon-billionaire-philanthropist-3aa50cbc
Persons: Dow Jones, michael, milken, 3aa50cbc
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/oaktree-capital-to-appoint-new-leadership-at-firm-d81cfbe7
Persons: Dow Jones
Carlyle Names John Redett as Chief Financial Officer
  + stars: | 2023-06-20 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/carlyle-names-john-redett-as-chief-financial-officer-f284dd02
Persons: Dow Jones, carlyle
KKR to Buy Circor International in $1.6 Billion Deal
  + stars: | 2023-06-05 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/kkr-nears-1-6-billion-deal-to-buy-circor-international-39f1d4ec
Persons: Dow Jones Organizations: kkr, 39f1d4ec
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/goldman-sachs-executive-dina-powell-mccormick-to-depart-for-merchant-bank-ee8cd10a
The bankruptcy filing, which could be made as soon as this weekend, will wipe out KKR’s investment. Photo: Alex FLynn/Bloomberg NewsEnvision Healthcare is planning to file for chapter 11 bankruptcy protection, according to people familiar with the matter, capping one of the biggest losses ever for the physician-staffing company’s backers at private-equity firm KKR . The bankruptcy filing, which could be made as soon as this weekend, will wipe out the investment of KKR, which took Envision private in a $5.5 billion buyout in 2018. Including debt, the deal was worth about $10 billion, making it one of KKR’s largest investments in the healthcare industry.
The billionaire founders of the legendary investment giant KKR & Co. are poised to pull off a rare feat: a drama-free handoff of the firm’s leadership to two younger partners. Now, the new leaders are trying to pull off a daunting feat of their own: complete the transformation of KKR from a buyout firm still sometimes known as the pirate protagonists of the 1989 book “Barbarians at the Gate” into a financial empire with big businesses in areas like credit and real estate. The co-CEOs have a plan to double earnings over the next five years.
Silicon Valley Bank executives went to Goldman Sachs Group Inc. in late February looking for advice: They needed to raise money but weren’t exactly sure how to do it. Soaring interest rates had taken a heavy toll on the bank. Deposits and the value of the bank’s bond portfolio had fallen sharply. Moody’s Investors Service was preparing for a downgrade. The bank had to reset its finances to avoid a funding squeeze that would badly dent profits.
Investors have purchased the debt of Silicon Valley Bank’s parent at distressed levels in hopes of profiting in a possible sale of assets. Creditors of Silicon Valley Bank’s parent company have formed a group in anticipation of a potential bankruptcy filing, through which they hope to profit from a sale of the collapsed firm’s private-wealth and other units, according to people familiar with the matter. The investor group, which is being advised by PJT Partners Inc., includes Centerbridge Partners LP, Davidson Kempner Capital Management LP and Pacific Investment Management Co., or Pimco, the people said. Most members bought parent SVB Financial Group ’s bonds coming into the weekend as they traded down to around 30 cents on the dollar, the people said. The group now holds a sizable chunk of SVB Financial’s $3.4 billion face value of bonds.
Thomas Lee at his New York office in 2019. Thomas H. Lee, who helped create the private-equity industry in the 1970s, struggled to capitalize on its explosive growth over the past two decades. The investor, who last month was found dead in his office from a self-inflicted gunshot wound to the head, came of age in the era of such buyout legends as KKR & Co.’s Henry Kravis and George Roberts , Blackstone Inc.’s Stephen Schwarzman and Apollo Global Management Inc.’s Leon Black .
Thomas Lee started doing leveraged buyouts in the 1970s, before the term had even been coined to describe such deals. The death of Thomas H. Lee sent shock waves Friday through Wall Street, where decades ago he helped create one of its biggest businesses. Mr. Lee, who started doing leveraged buyouts in the 1970s, before the term was coined and the tools to finance the deals had been invented, died Thursday, his colleagues and family said.
Pete Stavros and Nate Taylor have been serving as co-heads of KKR’s private-equity business in the Americas. KKR & Co. is promoting a pair of executives to a new role overseeing the firm’s $165 billion private-equity business in a push to improve coordination and communication across regions. Pete Stavros and Nate Taylor , who have been serving as co-heads of the firm’s private-equity business in the Americas, will become global co-heads, KKR executives said. In their new roles, they will add responsibility for the firm’s private-equity businesses in Europe and Asia.
Blackstone Inc. became one of the world’s most powerful financial firms by investing on behalf of large institutional investors. To boost growth, it decided to offer its products to individuals. Its new fund was a huge success, becoming the biggest Blackstone had ever raised. Then it became a crisis.
Carlyle to Name Banking Veteran Harvey Schwartz as CEO
  + stars: | 2023-02-05 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
Carlyle Group Inc. plans to name investment-banking veteran Harvey Schwartz its new chief executive, according to people familiar with the matter, as the private-equity firm’s founders seek a fresh start after a botched succession plan. Carlyle is expected to unveil on Monday the appointment of Mr. Schwartz, who most recently served as co-president of Goldman Sachs Group Inc., the people said. He spent more than two decades at the bank, building and leading various businesses.
Blackstone Earnings Fall as Firm Misses Asset Target
  + stars: | 2023-01-26 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
Blackstone Inc.’s net income fell during the fourth quarter, and the investing giant’s assets under management came in shy of the $1 trillion target it expected to reach in 2022 as fundraising weakened in some of its strategies aimed at individual investors. The New York investment firm reported net income of $557.9 million, or 75 cents a share, compared with a profit of $1.4 billion, or $1.92 a share, during the same period a year earlier.
Marsh & McLennan’s market capitalization climbed to over $80 billion during the decade Dan Glaser spent as its chief executive. Dan Glaser , the former chief executive of insurance broker and benefits company Marsh & McLennan Cos., is joining private-equity firm Clayton, Dubilier & Rice LLC as an operating partner. Mr. Glaser, who said in September that he would be retiring after a 40-year career in insurance, will work for a new financial-services unit that CD&R recently launched, firm executives said.
A Blackstone real-estate vehicle aimed at individual investors will get an investment from the University of California. The University of California is putting $4 billion into a Blackstone Inc. real-estate vehicle aimed at individual investors, providing crucial ballast for a fund that has been beset by a wave of redemptions. The investment will come in the form of common equity in Blackstone Real Estate Income Trust Inc., known as BREIT, and will be subject to the same fees and terms the vehicle’s other shareholders get, Blackstone executives said. The typical BREIT investor has the option to sell shares monthly, but University of California manager UC Investments will effectively be committing to hold its shares for six years.
Advent to Buy Maxar Technologies for About $4 Billion
  + stars: | 2022-12-16 | by ( Miriam Gottfried | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/advent-to-buy-maxar-technologies-for-about-4-billion-11671190204
Fanatics expects to complete an IPO but plans to wait until some of its newer business lines are more established. Fanatics Inc. has raised about $700 million from a group of investors, pushing the sports-merchandising company’s valuation to $31 billion, according to people familiar with the matter. About two-thirds of the new money came from parties that hadn’t previously invested in the company, including private-equity firm Clearlake Capital Group LP, which led the round, and investment bank LionTree LLC, the people said. Prior Fanatics investors such as Silver Lake, Fidelity Management & Research Co. and SoftBank Group Corp. were also among the participants, they said.
Blackstone Real Estate Income Trust Inc. has been has been one of Blackstone’s biggest sources of growth in recent years . Blackstone Inc. shares took a big hit after the investing giant’s real-estate fund aimed at wealthy individuals said it would limit redemptions. Blackstone Real Estate Income Trust Inc., more commonly known as BREIT, said Thursday in a letter posted to its website that the amount of withdrawals requested in October exceeded its monthly limit of 2% of its net-asset value and its quarterly threshold of 5%.
Total: 25