|
Alchemy Partners
Alchemy Partners is a British private equity firm, which specialises in investing in distressed and undervalued or underperforming businesses and other special situations through debt and equity throughout Europe. Alchemy was founded in 1997 by Martin Bolland, Robert Barnes and Jon Moulton. Before launching dedicated distressed vehicles, it invested in other transactions. Notable transactions included Four Seasons Health Care, Alcentra and Phoenix IT. Alchemy came to public notice in 1999, when it was negotiating to buy Rover Group from BMW; its advisory board members included former Rover MD Kevin Morley. After public protests, the discussions were abandoned when the government imposed additional conditions to the transaction. Alchemy launched its first distressed debt fund, Alchemy Special Opportunities, in 2006 with a final close of £300m. Moulton resigned from Alchemy in September 2009, saying that he disagreed with plans by other partners to turn Alchemy into a sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guernsey
Guernsey ( ; Guernésiais: ''Guernési''; ) is the second-largest island in the Channel Islands, located west of the Cotentin Peninsula, Normandy. It is the largest island in the Bailiwick of Guernsey, which includes five other inhabited islands – Alderney, Herm, Jethou, Lihou and Sark – and many small islets and rocks. The bailiwick has a population of 63,950, the vast majority of whom live on Guernsey, and the island has a land area of . Guernsey was part of the Duchy of Normandy until 1204, when the Channel Islands remained loyal to the English crown, splitting from mainland Normandy. In 1290, the Channel Islands were divided administratively and Guernsey became part of the Bailiwick of Guernsey. During the World War II, Second World War, Guernsey was invaded and occupied by Nazi Germany. After five years of occupation, the island was liberated on 9 May 1945, that date being celebrated annually as Liberation Day. Guernsey is administered as part of the Bailiwick of Gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payment Service Provider
A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. They will often provide merchant services and act as a payment gateway or payment processor for e-commerce and brick and mortar businesses. They may also offer risk management services for card and bank based payments, transaction payment matching, digital wallets, reporting, fund remittance, currency exchange and fraud protection. The PSP will typically provide software to integrate with e-commerce websites or point of sale systems. Operation PSPs establish technical connections with acquiring banks and card networks, enabling merchants to accept different payment methods without the need to partner with a particular bank. They fully manage payment processing and external network relationships, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blackstone Inc
Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman Brothers. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe. Blackstone is also active in credit, infrastructure, hedge funds, secondaries, growth equity, and insurance solutions. As of May 2024, Blackstone has more than $1 trillion in total assets under management, making it the world's largest alternative investment firm. History Founding and early history Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with (equivalent to $million in ) in seed capital. The founders derived their firm's name from their names: "Schwarz" is German for "bl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remotely Operated Underwater Vehicle
A remotely operated underwater vehicle (ROUV) or remotely operated vehicle (ROV) is a free-swimming submersible craft used to perform underwater observation, inspection and physical tasks such as valve operations, hydraulic functions and other general tasks within the subsea oil and gas industry, military, scientific and other applications. ROVs can also carry tooling packages for undertaking specific tasks such as pull-in and connection of flexible flowlines and umbilicals, and component replacement. They are often used to do research and commercial work at great depths beyond the capacities of most submersibles and divers. Description This meaning is different from remote control vehicles operating on land or in the air because ROVs are designed specifically to function in underwater environments, where conditions such as high pressure, limited visibility, and the effects of buoyancy and water currents pose unique challenges. While land and aerial vehicles use wireless commu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Incisive Media
Incisive Media is a Business-to-business financial company. It is based in London, England. History Incisive Media is a business-to-business (B2B) financial company founded by Tim Weller, in 1994 with the launch of '' Investment Week''. It acquired Timothy Benn Publishing (owner of '' Post Magazine'') in August 2000. During the next six years the business completed a number of acquisitions including ''Matching Hat, Risk Waters, Initiative Europe (Unquote), Search Engine Strategies, Global Professional Media, Asian Venture Capital Journal'' and ''Pacific Prospect''. However, as a public company it was difficult to take advantage of some of the larger consolidation opportunities that existed, so in December 2006 Tim Weller led a management buyout deal backed by Apax Partners that valued Incisive Media at £275 million. Within a few months of going private, Incisive Media completed the acquisitions of MSM International and UK publishing business VNU Business Publications Ltd, f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through privately run enterprises. The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, or on gambling cruises through self-serve kiosks. There are different types of legalized sports betting now such as game betting, parlays props and future bets. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Due to the nature of their business, illegal bookies can operate anywhere but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Casino
A casino is a facility for gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. Some casinos also host live entertainment, such as stand-up comedy, concerts, and sports. Etymology and usage ''Casino'' is of Italian language, Italian origin; the root means a house. The term ''casino'' may mean a small country villa, Summerhouse (building), summerhouse, or social club. During the 19th century, ''casino'' came to include other public buildings where pleasurable activities took place; such edifices were usually built on the grounds of a larger Italian villa or palazzo, and were used to host civic town functions, including dancing, gambling, music listening, and sports. Examples in Italy include Villa Farnese and Villa Giulia, and in the US the Newport Casino in Newport, Rhode Island. In modern-day Italian, a is a brothel (also called , literally "closed house"), a mess (confusing situation), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Davidson Kempner Capital Management
Davidson Kempner Capital Management LP (often known by the short form Davidson Kempner) is a global institutional alternative investment management firm with over $36 billion in assets under management. Davidson Kempner is headquartered in New York City, with additional offices in London, Hong Kong, Dublin, Philadelphia, Shenzhen and Mumbai. The firm is led by Anthony A. Yoseloff who serves as Executive Managing Member and Chief Investment Officer. As of June 30, 2022, Davidson Kempner was ranked as the 8th largest hedge fund in the world. Davidson Kempner has approximately 500 employees in the firm’s seven offices. The firm is headquartered at 520 Madison Avenue in New York, New York. History Davidson Kempner was founded in May 1983 by Marvin H. Davidson and was initially named M.H. Davidson & Co. Thomas L. Kempner Jr. joined the firm in December 1984 and was promoted to partner in 1986 and appointed to executive managing member in January 2004. The firm opened to outside cap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821), are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'' were founded independently and have had common ownership only since 1966. It is considered a newspaper of record in the UK. ''The Times'' was the first newspaper to bear that name, inspiring numerous other papers around the world. In countries where these other titles are popular, the newspaper is often referred to as or , although the newspaper is of national scope and distribution. ''The Times'' had an average daily circulation of 365,880 in March 2020; in the same period, ''The Sunday Times'' had an average weekly circulation of 647,622. The two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashmore Group
Ashmore Group plc is a large British investment manager dedicated to the emerging markets. Headquartered in London, it is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The business, which was established by the Australia and New Zealand Banking Group ('ANZ') to manage the ANZ Emerging Markets Liquid Investment Portfolio in 1992, was bought out from ANZ by its management team in 1999. It was the subject of an Initial public offering on the London Stock Exchange in 2006 and it acquired the Virginia Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Southeastern United States, Southeastern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States between the East Coast of the United States ...-based firm, Emerging Markets Management L.L.C., in 2011. Operations The company, which specialises in emerging market investments, had $55.9 billion under management as at 30 June 2023. Referen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revolution Bars Group
Revolution Bars Group, previously known as Inventive Leisure and The New Inventive Bar Company, is a city centre bar chain with headquarters in Ashton-under-Lyne, Greater Manchester, England. The bar brands trade under the names Revolution and Revolución de Cuba. Background It was founded by Roy Ellis and Neil Macleod, who had met in London in the 1980s. They opened their first bar in Ashton-under-Lyne in 1991, with nightclubs and a music venue following soon after. In 1996 they moved away from the previously unbranded bars and clubs to start the Revolution chain, with vodka being featured as the principal product. In 2000, the company floated on the Alternative Investment Market, by this point having 21 bars. It was bought out in 2006 by Alchemy Partners amid competition from Regent Inns and Ultimate Leisure. The deal valued the company at £42.5m. The company was ranked 25th in the 2013 The Sunday Times 100 Best Companies to Work For list, and employs about 1,800 people. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
