Exclusive: Goldman Sachs, Oaktree and Carlyle to take part in private credit stress test Markets Goldman Sachs, Oaktree and Carlyle will take part in the Bank of England’s inaugural stress test of the burgeoning private credit sector this week, City AM can reveal. Britain’s central bank is poised to carry out its first ever “system-wide exploratory scenario exercise” of so-called shadow banks in the coming weeks, in a bid to [...]
Chelsea investors Ares buys stake in Mbappe SailGP team Sport Business Chelsea, McLaren Racing and Miami Dolphins investor Ares Management has joined Kylian Mbappe in buying into the French SailGP team. The US firm’s minority stake will see the sailing team become entirely privately owned, and follows recent celebrity investments in the series from the likes of Anne Hathaway (Italy) and Ryan Reynolds (Australia). Ares Management [...]
Chelsea investor in talks for landmark stake in Miami Dolphins Sport Business Chelsea investor Ares Capital is in talks with the owner of the Miami Dolphins to become the first private equity firm to buy a stake in an NFL franchise. The New York-headquartered asset manager is negotiating the purchase of a 10 per cent stake in the Dolphins’ parent company, according to multiple reports. The deal [...]