Goldman-backed Petershill announces bumper dividend after pick-up in dealmaking Investing 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 [...]
Two-thirds of alternative fund managers hit with fines over governance failures Investing Two-thirds of alternative fund managers have been hit with fines or sanctions in the last two years due to governance failures, new research has revealed. Alternative funds managers, which focus on markets beyond stocks and bonds such as property, private equity and infrastructure investing, are increasingly under pressure to up their governance ability, Bovill Newgate [...]