Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. HPS Investment Partners has raised one of the largest private credit funds ever, cementing its position as one of the industry leaders as the company debates a possible stock market listing or merger. HPS raised … Read more
Friday, June 14, 2024 10:51 am Part Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp E-mail Share via email At its peak in 2017, the fund held £130m of UK shares. However, by the end of last year this had fallen by 92 percent to just £10 … Read more
Norway’s sovereign wealth fund wants to shoot down Elon Musk’s planned $56 billion compensation package at Tesla’s annual shareholder meeting, scheduled for Thursday this week, June 13. The fund, managed by Norges Bank Investment Management (NBIM), said on Saturday it “voted against a proposal by Tesla to ratify performance-based stock options to Elon Musk, consistent … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is a former financial research analyst at Credit Suisse and head of corporate strategy at Nex Group Billionaire Bill Ackman’s plan to take his company Pershing Square public next year is a rare … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. British fund managers have warned that investors “will struggle to back the potential blockbuster IPO of fashion company Shein in London due to concerns over the alleged treatment of employees. The online fashion group, which … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A $10 billion real estate fund managed by Barry Sternlicht’s Starwood Capital is strictly limiting its investors’ ability to exit their investments as it preserves liquidity and avoids a massive asset sale in what the … Read more
A wave of speculation by traders in futures markets has pushed the prices of metals such as copper and gold to record highs, as funds bet on coming supply shortages and try to hedge against inflation. Copper has risen 30 percent since early March and this week broke through $11,000 per tonne, its highest level … Read more