Author: Charlotte

Private equity’s new vibe check Financial Times Source link

Minerva Virtual Academy, an online school for teenagers, has secured a strategic investment from Phoenix Equity Partners. The deal was advised on by dealmakers from Deloitte, Cairneagle, Coppett Hill, Addleshaw Goddard, EY, Grant Thornton, L.E.K. Consulting and McDermott Will & Schulte. The investment – financial terms have not been disclosed – is intended to support Minerva Virtual Academy in its next phase of growth. Launched in 2021, Minerva Virtual Academy was founded on the mission that every child should enjoy school, placing student happiness, mental health and safety at the centre of its learning model. The educational institution delivers British…

LOS ANGELES, June 22, 2026 /PRNewswire/ — Have we found NFT’s Mona Lisa? In a digital collectibles market full of fleeting enthusiasm, one NFT is beginning to stand out. The rarest piece in the Wall Street Bulls NFT collection, “Golden Elon,” saw a nearly 300X increase in value in a single day, going from an initial purchase price of about $250 to a rejected offer of 16.9 ETH, valued at $74,705 at the time. This led to discussion among collectors about whether the NFT space may have found its first true cultural masterpiece.Some collectors are now calling Golden Elon “the Mona Lisa…

( June 23, 2026, 04:59 GMT | Official Statement) — MLex Summary: The Australian competition watchdog has clarified that in acquisitions involving private equity buyers, the parties must disclose other funds that are managed or advised by the same firm or its affiliates that operate in markets overlapping with or related to the target business. In an updated Frequently Asked Questions document published on Monday, the Australian Competition & Consumer Commission also said that, in merger notification waiver applications involving private equity firms, parties should also provide information about private equity investors in the acquirer that will be able to…

By Murat Ungor & Olena Onishchenko* Over recent years, a new form of digital money has begun to carve out an increasingly prominent role in New Zealand’s crypto and investment landscape. This is the stablecoin: a digital token typically linked to a traditional currency such as the US dollar. Unlike more volatile cryptocurrencies such as Bitcoin, stablecoins are generally used less for speculation and more as a way to move and hold value – hence their name. They’ve gradually become more popular for trading digital assets, making everyday business payments and sending money overseas. For regulators, however, they have posed an…

Brady, selected No. 4 by Ottawa in the 2018 NHL Draft, has 463 points (213 goals, 250 assists) in 572 regular-season games and seven points (four goals, three assists) in 10 Stanley Cup Playoff games. He also brings snarl, like Matthew, to a lineup that already has plenty of it, as exemplified by Brady’s 821 career penalty minutes. But there are so many layers to this move aside from just statistics, which is why the Panthers were willing to fork over so much draft capital in order to acquire the Senators captain. Simply put: Brace yourself, South Florida, for a marketing…

Silver (XAGUSD) is down 2.88% at Jun 23 00:00(ET), now at $63.156, with a 7-day down of 9.76%.The primary catalyst driving the downward pressure on spot silver (XAGUSD) is the ongoing repricing of global monetary policy expectations following a structurally hawkish shift by the Federal Reserve. The debut of the newly appointed Federal Reserve Chair, Kevin Warsh, and the latest central bank projections signaling a potential interest rate hike later this year have fundamentally altered the landscape for non-yielding assets. With futures markets pricing in a high probability of a rate hike by September, real yields and the U.S. dollar…

For decades, the country’s press sector relied largely on two traditional sources of revenue: print circulation and advertising. However, the rise of social media and cross-border digital platforms has fundamentally altered that equation, forcing newsrooms to rethink how they operate and generate income. According to experts, the economics of journalism have become one of the biggest challenges facing media organisations in the digital era. Advertising revenues have shifted rapidly to global platforms such as Google, Facebook and TikTok, while the decline of print circulation has further eroded traditional income streams. At the same time, news organisations are under mounting pressure…

The scheme for 68 homes in Barns Green near Horsham had already been met with strong objections from residents concerned about its impact on local infrastructure, wildlife and the rural character of the village. The situation has not been improved by claims that Southern Water may close nearby Itchingfield Wastewater Treatment Works (WTW) and divert flows to the Barns Green site. In a letter to a local resident seen by The Argus, the water provider asks permission to assess their land’s suitability for a pipeline diverting flows from Itchingfield to Barns Green. The letter also said the Barns Green facility…

Mutual fund advisors are recommending gilt funds to ‘aggressive’ or ‘sophisticated’ debt investors as they believe that gilt funds are likely to offer superior returns when the RBI may start cutting interest rates. They say gilt funds have the potential to offer double-digit returns in a falling interest rate scenario.If you want to benefit from a likely fall in interest rates, you may take a close look at gilt mutual funds. However, be forewarned: gilt funds are risky and they are extremely sensitive to changes or likely changes in the interest rate scenario. That is why these schemes are recommended…