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Property of the Week: A Cambridgeshire home for £2.5m

Kimbrook House in the UK has an all-weather tennis court, a secret garage and an electric car charger

Why the next recession could be around the corner

Policymakers and too many economic commentators fail to grasp how the next global recession may be unlike the past two

New Oriental guides HK secondary listing to $1.3bn

New Oriental Education & Technology Group is set to raise HK$10.1bn ($1.3bn) as it guides investors toward final pricing for its secondary offering in Hong Kong.

Appraisal and Merger Synergies—Right to a Refund on Prepayments

Posted by Gail Weinstein, Brian T. Mangino, and Amber Banks (Meek), Fried, Frank, Harris, Shriver & Jacobson LLP, on Tuesday, March 10, 2020 Editor's Note: Gail Weinstein is senior counsel, and Brian T. Mangino and Amber Banks

PE women investor network launches diversity campaign

The new #HerWorth challenge by Pewin aims to raise awareness on female under-representation in private equity

Pollen Street trust row escalates as sacked private equity manager attacks board

Pollen Street Capital calls on trust shareholders to put forward new candidates for PSSL board

Japan after Abe: no reason for panic

Shinzo Abe, Japan’s prime minister, who has decided to retire, will be missed by many bankers.

Number of failed auctions rise as advisers over-promise on prices

High valuations, mistakes in the sale process and political uncertainty are cited as causes of the record failures in Europe

Tianjin court orders Tewoo restructuring

Chinese state-owned commodities trader Tewoo Group Co, which has been under financial pressure for more than a year, is facing a possible restructuring.

China policy round-up: Sino-US relationship worsens, Beijing commits to maintaining supply chains, India bans WeChat

In this round-up, China joins a 12-country initiative to ensure supply chain connectivity, India has banned 59 Chinese apps including WeChat for being ‘prejudicial’ to its sovereignty and integrity, and tensions between China and the

Property of the Week: A £6m cliff-top home with a glass elevator

The Gunnery was a World War II gun emplacement

Pollen Street and investment trust board go to war over planned sale

Pollen Street Capital and the board of an investment trust it advises are locked in a fight over the potential sale of the investment trust to Waterfall Asset Management, with the board describing Pollen Street’s

Pollen Street Capital and investment trust board go to war over planned sale

Pollen Street Capital and the board of an investment trust it advises are locked in a fight over the potential sale of the investment trust to Waterfall Asset Management, with the board describing Pollen Street’s

Carlyle scores 4x return on the sale of dental software maker

The €376m cash transaction is expected to close in the second quarter of the year

Pollen Street fights back after trust sacking

War of words between secured-lending trust and its manager continues, as Pollen Street rebuffs accusations of wrongdoing

Private equity leaders place their presidential bets

Industry executives are supporting Trump and centrist Democrats such as Biden and Buttigieg, while shunning Sanders and Warren

Pension funds question PE firms’ jurisdiction of choice after Cayman put on EU ‘blacklist’

The €119bn Danish public pension fund ATP said it will not invest in the Cayman Islands going forward

Oaktree’s Howard Marks: ‘I don’t think we’re in a bubble’

The co-founder of Oaktree Capital Management on what five decades of experience have taught him about anticipating a financial crash

Carlyle invests in Belgian medical software provider Mak-System

The firm said it used equity from two of its European funds to acquire a stake at the family-owned business

Property of the Week: An Edwardian maisonette for £1.25m

The three-bedroom apartment echoes the Edwardian townhouse it’s set in

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