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Plus, oil megadeals fuel hopes for a gush in fees and a busy week for telecoms dealmaking
Plus, the four-person firm auditing Adani and the insider trading allegations against a former Blackstone and Goldman trader
Sovereign wealth fund’s move underlines reputational risks faced by buyout firms
Plus, energy tycoon Daniel Křetínský joins auction for The Telegraph and the Bruce Springsteen concert that also played host to a Big Law poaching battle
Loans secured against private equity funds being used to support struggling businesses amid surge in interest rates
Vista Equity agrees to invest $1bn in fintech Finastra in return for $4.8bn refinancing
Software founder sold too cheaply after falling for Vista Equity Partners
Goldman Sachs, Bank of America and Credit Suisse unload remnants of deal struck in the easy money era
Wall Street banks seek to offload billions from one of biggest ‘hung deals’ of 2022
Deep discounts to offload bonds and loans in software maker’s LBO cost banks $600mn
Low demand for bonds and loans is Wall Street ‘canary’ as inflation risks rock capital markets
Plus, Europe’s largest gaming group shoots for the M&A high score and Spac sponsors scramble to attract investors
Software company has only itself to blame for becoming repeat target of activist investor
Biggest leveraged deal in months signed following decline in tech stocks
Debt placements total more than $9bn for firms including Vista and Warburg Pincus
Private equity group Vista seems certain to counterbid after SS&C’s cash offer
With no rival bid on the table, Vista’s offer looks like the best bet for investors
Private equity group ends British tech hope’s turbulent five years on public markets
Financial engineering can create an issue when a company wants to become private again
Needless to say, it’s been a mad year in the realm of alternative investments
Robert Smith drew praise for his philanthropy before admitting to an international tax evasion scheme
Vista Equity Partners founder will pay $139m but avoid indictment for years of tax evasion
Robert Smith resolves long-running criminal tax investigation
Billionaire Robert Smith under scrutiny over possible payments due on assets worth millions of dollars
Investment in Reliance tech and telecoms division follows Facebook and Silver Lake agreements
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