Janet Yellen Helps Reshape the Global Tax Order
A “historic” agreement by the G7 is a big step toward global tax coordination.
Guest Contributor
Summer reading suggestions 2021
Books on the science of change, noisy companies, networking know-how, and more.
Fund administration group Sanne agrees Cinven talks over £1.4bn deal
Sanne, the UK-listed fund administration business, has agreed to hold talks with private equity firm Cinven over a potential £1.4bn takeover after repeatedly rejecting its earlier approaches. The buyout group has stepped up its pursuit of the company with a fifth possible offer, valuing Sanne at 875p per share. Sanne, a FTSE 250 company based … Read more
Don’t miss these startups exhibiting at TC Sessions: Mobility 2021
We’re just five days away from TC Sessions: Mobility 2021, where thousands of mobility movers and shakers will dive deep into the game-changing technology that’s reinventing the way we move people — and pretty much everything else — around the world. Mobility 2021 is a jam-packed event, and we want to make sure you know … Read more
Soho China Sells to Blackstone, Cementing Owners’ Exit
China’s economy is on a tear. Factories are humming, and foreign investment is flowing in. Even so, the wealthy and powerful people atop some of the country’s most prominent companies are heading for the exits. The latest are Pan Shiyi and Zhang Xin, the husband-and-wife team that runs Soho China, a property developer known for … Read more
June 2021 Global Consumer Insights Pulse Survey
During the pandemic, consumers had to pivot and adopt new habits. Business leaders wondered at the outset of the pandemic whether these changes, which accelerated trends already in motion, would be fleeting or permanent. Now, PwC’s June 2021 Global Consumer Insights Pulse Survey reveals that the changes are sticking―signifying a historic and dramatic shift in … Read more
Blackstone strikes $3bn deal for office developer Soho China
Blackstone has agreed to buy property developer Soho China for about $3bn, marking the US private equity group’s biggest bet so far on a Chinese real estate market now recovering from the pandemic. The buyout firm has offered HK$5 a share for a majority stake in Hong Kong-listed Soho China, whose developments are focused on … Read more
Version One launches $70M Fund IV and $30M Opportunities Fund II
Early-stage investor Version One, which consists of partners Boris Wertz and Angela Tran, has raised its fourth fund, as well as a second opportunity fund specifically dedicated to making follow-on investments. Fund IV pools $70 million from LPs to invest, and Opportunities Fund II is $30 million, both up from the $45 million Fund III … Read more
How Private Equity Firms Avoid Taxes
There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code. Overseen by a senior Treasury official whose previous job involved helping the wealthy avoid taxes, the new regulations represented a major victory for private equity firms. They ensured … Read more
How to boost people’s energy and productivity during meetings
When the president of a technology services firm convened her executive team virtually to review the company’s strategic agenda, she started by allowing a few minutes for casual conversation and explained the purpose of the meeting. It seemed to work well—people were laughing, chatting, and asking questions. Then she moved to the main discussion with … Read more