Warning that banks may find it difficult to manage risks comes a day after HSBC disclosed $400mn hit
The original private equity barbarian celebrates its birthday as the $22tn private markets face a fraught moment
Children’s sector offers steady revenues for buyout firms as cases of autism and other conditions increase
The sector remains untested in a severe or prolonged economic downturn
Delayed IPO of €19bn software group Visma was meant to be a crowning moment for PE group Hg — and London
As the original private equity barbarian reaches milestone, the FT interviews its founders and their successors
Up to a point
Investment manager uses ownership structure designed to work around profession’s ban on outside equity capital
New consulting company to advise Wall Street groups on how to deploy its AI across their investment portfolios
Royal Bank of Canada and Bank of Montreal are latest North American banks trying to offload a payments processor
Continuation vehicles and rush for retail money are driving problematic behaviour by industry, warns ILPA executive
Real estate and infrastructure commitments help offset weakness in group’s core business
The only way is up for Cinven and Advent after their deal with Finnish lift maker Kone
Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
Hedge fund Black Diamond claims at least $70mn in damages against audit firm
John Foley and Sujeet Indap of the FT’s Lex column replied to reader questions
FTSE 100 energy group says bid ‘fundamentally undervalues’ its business
CVC and KKR are facing the prospect of extended ownership of food businesses they acquired from Unilever
Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based
Regulator to change capital rules on ‘funded reinsurance’ over concerns sector is exploiting arbitrage
Private equity firm injects €210mn amid fears of a debt restructuring at Unilever’s former tea business
Catching up on stuff we should know but maybe didn’t read
Founder of Citadel says some investors may not have realised they cannot quickly withdraw all their money from funds
Deal would carve out digital banking solutions arm to prevent Rome using its veto powers
Private equity-backed accounting group vies with UK business to create international network