Private equity

Performance and pay could be better linked.

Oaktree founder posits a few starter for 10s.

Investing in good faith.

A US supermarket's bonds are simultaneously in default and compliance

The line between $0 of available dividends and $700m is not as clear as one might think.

Faking death; private equity; police states; TFL; Seymour Hersh; and much more...

Covenant Review is having none of it.

The DOJ charged Paul Parmar with securities fraud on Wednesday

How long can private equity “push the envelope” this cycle?

Fake paintings; the rule of 72; lobbying; Appalachian prisons; volatility; and much more...

Ignore the incredulity, instead consider the maths which give room for negotiation.

In remembrance of deals past

Europe’s biggest investor into venture capital has released vintage and geographic performance data

Carillion’s full-year trading statement was always going to be the news this morning, whether it happened or not, writes Matthew Vincent. And those betting on further falls in the stricken construction group’s shares probably had money on “not”. In fact, as of last night, Carillion’s own financial calendar still said: “There is no event/s available for current selection” and the company had not confirmed to news websites that any announcement would be forthcoming today.

What’s a 10.7 ev/ebitda multiple among friends?