Private equity's outperformance, How GPs deal with key-person issues
First Read closes out the week with news that Juul suspends all U.S. sales of fruity e-cigarettes, Microsoft CEO Satya Nadella gets big pay raise and ex-Credit Suisse banker says secret affair helped fuel $45 mln fraud.
Parthenon comes to market with its sixth flagship fund; MLB said to allow funds to take minority stakes; Pritzker's Carbone dislikes "patient capital"
First Read kicks off the day with news that MGM Resorts is selling two Las Vegas casinos in a deal that's nearly $5 billion, a new report says there are 600,000 millennial millionaires in the U.S., and Meredith is shutting down Family Circle magazine.
Veritas Capital has raised $6.5 billion for its seventh fund, beating its initial $5 billion target.
Blackstone works with GSO investors to resolve looming key-person issue; KKR-backed Epicor goes off market
First Read begins the day with news that Google debuts its Pixel 4 smartphone, elite MBA programs report a steep drop in applications, and MGM International is selling the Bellagio resort in Las Vegas to Blackstone.
Why investment robots won't take your PE job; DDS Lab goes up for sale; FFL sells CPI for $590 mln
First Read kicks off the day with news that Harley-Davidson halts production and deliveries of its first electric motorcycles, Authentic Brands is preparing a nearly $270 million bid for Barneys, and Paytm is close to scoring $2 billion of new financing.
This week’s jobs include vice presidents at Blackstone and Fifth Wall and associates at Webster and Concord Health.