Two days after Warren Buffett announced his retirement as chief executive of Berkshire Hathaway in early May, the outspoken investor Bill Ackman set in motion his plan for a rival. As investors were still processing the future of the world’s […]
Can Bill Ackman really create a ‘modern-day’ Berkshire Hathaway? Read More »
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The head of Paul Weiss defended his decision to strike a deal to end a dispute with US
Paul Weiss chair says Trump executive order could have destroyed law firm Read More »
Ailing retailers like Walgreens Boots Alliance have scared off even the most daring Wall Street financiers. But that fear has repeatedly proven an opportunity for Sycamore Partners’ Stefan Kaluzny. The intensely secretive co-founder of the private equity firm has been
Private equity’s last retail barbarian Read More »
Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. The $21bn fund manager D1 Capital Partners has made a comeback by riding a handful of giant corporate turnarounds in
D1 Capital’s bet on European turnarounds aids its own recovery Read More »
One note to start: In this special edition of Due Diligence, we’re looking ahead to some of the biggest themes that will affect dealmaking, private equity, corporate finance and much more in the coming months. We’ll be back to our
Five big finance questions for 2025 Read More »
A bit of bribery to start: McKinsey has agreed to pay $122mn to authorities in the US and South Africa over its role in a sprawling corruption scandal during the administration of former South African president Jacob Zuma. And a
A €19bn masterclass in creative finance Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new fund aiming to punish “woke” companies will make Starbucks its first target, as politically motivated investors move to
New ‘anti-woke’ ETF makes Starbucks its first target Read More »
Hedge funds including Jeffrey Talpins’ Element Capital and Kenneth Tropin’s Graham Capital Management have made big gains from betting on market swings around last month’s US presidential election. Element and Graham are among so-called global macro hedge funds — which
Hedge funds profit from ‘Trump trades’ around US election Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Verizon’s $20bn acquisition of Frontier Communications faces a nail-biting showdown at an investor meeting next week after some of the
Verizon-Frontier deal goes to the wire as investors demand higher price Read More »
One scoop to start: BlackRock is in early-stage discussions with Millennium Management about a strategic partnership that could see the world’s largest asset manager take an equity stake in one of the most profitable hedge fund managers, according to people
Deals to watch in the Trump era Read More »
