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Bain Capital, Permira and Veritas Capital among contenders in final round of Nord Anglia auction

LPs worry that use of NAV and margin loans relies on financial engineering rather underlying portfolio performance

Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says

Over time, a dearth of liquidity delays payouts for investors in existing funds

The tailwind of freakishly loose monetary policy is now over

Growth looks assured as people start families later

For those recovering from past misfires, there is nothing like a big equity infusion

Asset management chief Marc Nachmann warns firms can no longer rely on leverage and cheap money to fuel returns

Years of cheap money have created a bubble that risks provoking a backlash even from beneficiaries

The firm is working with rugby executives and stakeholders on ‘Project Amplify’ to unify and modernise the sport