Scoops & Analysis

Compensation spikes across PE as fundraising nears record level, Ex-Lariat Partner re-activates independent sponsor shop
First Read kicks off the day with news that Juul appoints a new CFO amid a management shake-up, Fiat Chrysler and PSA are in talks to merge and WhatsApp sues NSO Group in federal court.
Tough sledding for distressed-focused managers, Peaceable Street reaches deal with Declaration Partners
First Read begins the day with news that the S&P 500 hits a new high, Google parent Alphabet makes a bid to buy Fitbit and Facebook employees sign open letter deriding company's hands-off stance on political ads.
Ex-Ontario Teachers' exec forms search fund, Conduit seeks buyer for BenefitWallet
First Read begins the week with news that Jeff Bezos is close to losing his title as world's richest person to Bill Gates, auto marketplace ACV Auctions seeks to raise $150 million at a $1 billion valuation and auto marketplace ACV seeks to raise $150 mln.
No-fault removals and key-person issues: drama in the market
First Read closes out the week with news that vaping deaths rises to 34, Twitter stock tanks and Softbank plans $5 bln write down on Vision Fund to reflect declining value of some of its largest holdings.
First Read kicks off the day with news that Apollo is acquiring a stake in Italian gaming company Gamenet, WeWork's new chairman says job cuts are coming, and BuySellsAds has bought Pando.
LPs force Wingate to stop making new investments; Record demand for operating partners

Copyright PEI Media

Not for publication, email or dissemination