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The ability to take advantage of market dislocation is being frustrated by an arbitrary calculation
US private equity group also cites competition for funds as it searches for new chief executive
Action accuses insurers including AIG, Axis and Chubb of acting in bad faith
Private equity group launches review of business in latest sign dealmaking in sector may be on the rise
Washington old guard would not even discuss the New York chief executive’s $300mn pay demand
Kewsong Lee resigned from US private equity group following co-founders’ rejection of deal
Plus, private equity executives score a win in Washington and investors pull back on private markets
Kewsong Lee will leave just two years after taking over sole leadership of private equity group
Sudden departure smacks of the old guard retaking control of private equity group
Firms including KKR, Carlyle Group and Apollo Global report declining PE assets in the second quarter
As with peers Blackstone and Apollo Global, the buyout business is not as dominant as it once was
Carlyle and Vitol-owned company’s net zero target goes further than many of its peers
PE-backed Design Holding wants to acquire more luxury interior brands
CEO Kewsong Lee sticks with fossil fuel projects alongside bets on renewables
Private equity business accounts for 90% of group’s distributable profits while competitors have diversified
Conglomerate enters $4.28bn deal with Carlyle Group as Omicron clouds travel outlook
Two of final three private equity firms failed to submit bids for entire division over worker worries
Buyout group’s decision to pull out of discussions sends shares in UK challenger bank tumbling
Private equity interest in mid-tier UK retail banks reflects hopes for a turn in the sector’s fortunes
UK lender has ‘engaged with’ US private equity firm over potential offer
US private equity group says it is ahead of schedule on plans to raise $130bn in new funds by 2024
Acquisition of Medline for $34bn is largest deal of its kind since 2008 financial crisis
Inhaler maker draws criticism from health charity for ‘absurd’ deal
Private equity group says lower offer for UK inhaler maker is final, calling off five-day auction
UK inhaler group has bungled handling competing interests from cigarette-maker Philip Morris and Carlyle
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