Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal
Accounting in private capital has increasingly come under fire
Joint venture for pipeline stakes is latest example of companies using private capital firms for balance sheet relief
French private equity group Ardian says groups it invests in need to have a ‘growth plan’
Debt deals by Blackstone, Elliott and Vista Equity Partners point to a sea change in the market
US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week
Not great, Bob
Accounting firm agrees to sell stake to buyout group Cinven
Chief executive Hein Schumacher wants to separate division as part of turnaround plan
Stock surge at boutique PJT Partners values Blackstone co-founder Stephen Schwarzman’s stake at over $900mn
Investcorp’s purchase of PKF O’Connor Davies and Centerbridge investment in Carr Riggs extend run of deals
Roy Gori says increased oversight would be a way to reinforce confidence in the insurance industry
Bankers say clash of private equity titans augurs new phase of ‘hostile’ dealmaking in country
Catalio Capital has survived choppy years in the sector and returned more than $300mn to its limited partners
Guernsey stock exchange now provides a facility for trading shares in privately held companies
Deal with Thoma Bravo shows growing role of Middle Eastern investors
Some universities have issued bonds to meet funding needs as a dealmaking dearth weighs on investment returns
Private equity group hires advisers from Rothschild to help it sell majority stake
Private equity group earns record fee-based profits in third quarter in sign of recovery
Plus, Democratic megadonors reflect on what went wrong and how Elon Musk positioned himself for political triumph
Companies whose fortunes are closely tied to US economy should benefit, say analysts
Merger of Southern Veterinary and Mission Veterinary sets up group valued at $8.6bn
Plus, Germany’s major industries are in crisis and police raid private equity group CVC over French football league deal
Employees are getting a share of the windfall as private equity firms soften their image
