Hawksmoor’s Will Beckett is ready to take on the American steakhouses Retail Ali Lyon sits down with Hawksmoor boss Will Beckett to discuss the restaurant's plans to win over the land of steakhouses
NFL: Chiefs three-peat, private equity and Louis Rees-Zammit Sport The NFL returns this weekend as the American football season gets ready to dominate our London late evenings. With just 157 days until Super Bowl LIX – this season held at Caesars Superdome, New Orleans, Louisiana – all eyes will be on the Kansas City Chiefs as the look to win another title, while the [...]
Reeves is right to squeeze private equity – but a sweeping capital gains hike will hurt the City, says Cavendish chair Investing The government is right to launch a raid on the profits made by private equity bosses but a sweeping hike in capital gains and inheritance tax could suck investment out of the City, the chair of investment bank Cavendish has warned. Lisa Gordon, who chairs the London-listed broking group, urged Rachel Reeves to be “more [...]
City deals advisers gear up for rebound after election pushed M&A to four year low September 3, 2024 The City’s deals advisers are gearing up for a rebound in activity in the closing months of the year after election uncertainty pushed mergers and acquisitions (M&A) to a four-year low in June, according to fresh figures today. The value of total deals involving UK firms, as either targets or buyers, slumped to £11.8bn in [...]
Reeves urged to soften private equity tax raid over fears of City exodus August 30, 2024 City groups are mounting a final call for the Chancellor to temper a tax raid on private equity fund managers amid fears of an exodus of dealmakers from London. Rachel Reeves’s Treasury has been consulting on plans to lift the levy on carried interest, the personal profits that fund managers make on the sale of [...]
Eckoh: Payments software firm discloses bid from private equity firm August 22, 2024 Payments software firm Eckoh is set to become the latest firm to leave the Aim market, after it announced it had received an offer from an unnamed private equity firm. The offer, which valued Eckoh at 54 p per share and was “highly conditional” and “non-binding”, follows a lengthy hunt for a suitor from the [...]
Private equity giant CVC makes ‘strong recovery’ as capital deployment ramps up August 14, 2024 Private equity giant CVC saw activity tick up in the first half of the year, recovering from a quiet 2023 as money finally began to flow into its investments. The Six Nations owner beat expectations with fee-paying assets under management at 127.5bn euros, two per cent ahead of analyst expectations, it revealed in a half-year [...]
Meet the Fund Managers: Pantheon International co-lead manager talks mistakes and defends private equity August 12, 2024 In this episode of Meet the Fund Managers, Elliot sits with Helen Steers, co-lead manager of private equity trust Pantheon International Plc (PIP).
It’s over: FTSE 100 giant Hargreaves Lansdown receives £5.4bn private equity bid August 9, 2024 Hargreaves Lansdown has finally received an official bid from potential private equity buyers that management is prepared to recommend to shareholders. The £11.10 share bid, along with a dividend of 30 pence for the end of the financial year, came after months of negotiations between the DIY platform business and the consortium of private equity [...]
Vinted mulls share sale that could value platform at £3.8bn July 31, 2024 Vinted has reportedly contacted investors about a share sale which could value the company at as much as £3.9bn.