Private equity firms are increasingly recognizing the importance of talent management in driving value creation. The article outlines seven key behaviors that advanced firms are adopting, including integrating human capital into deal planning, improving talent assessments, and fostering leadership development. These practices mark a shift from traditional approaches, emphasizing the strategic role of talent at all organizational levels....
The league's franchise owners voted in favor of a rule change allowing private equity firms to buy a stake of up to 10% of a team, per Sportico, unlocking billions of committed and potential investment dollars. The NFL is a late arrival for the change, as the NBA, MLB, NHL, MLS and NWSL had all already made the jump. The specifics of the arrangement include a minimum stake of 3% for the private equity firm, funds being allowed to invest in a maximum of six teams each and a minimum holding period of six years. All funds must have $2 billion in overall capital to buy in. The league is making this change amid the continued skyrocketing of franchise values, which has made it harder for club owners to cash in on franchises that are all now worth billions of dollars. Previous rules required an ownership group to have no more than 25 people, but principal owners will now have increased flexibility in finding minority partners looking to inject cash in exchange for a cut of the profits. And it looks like NFL teams won't wait long to do so. According to CNBC, a smattering of firms including Ares Management, Sixth Street Partners and Arctos Partners have committed to raising $12 billion in capital to invest in NFL teams....
Apax Partners LLP is to acquire a controlling stake in Veriforce, a global provider of supply chain risk management solutions (SCRM), from the software-focused private investment firm Thoma Bravo. Financial details of the transaction have not been disclosed. Veriforce, headquartered in the United States, is one of the largest providers of integrated SCRM solutions, with operations spanning the US, Canada, and the UK. The company's offerings focus on verifying contractor services to ensure safety and compliance across supply chains in multiple industries. Sine being acquired by Thoma Bravo five years ago, Veriforce has seen rapid growth, expanding its contractor network across various sectors and countries. The company now operates in over 140 countries, supporting more than five million workers daily. Since 2018, Veriforce has grown from 115 clients and 9,500 contractors to over 1,300 clients and 90,000 contractors, with its workforce tripling to more than 530 employees. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
New York-based private equity firm The Chatterjee Group (TCG) is in talks with India's state-owned Oil & Natural Gas Corporation (ONGC) and its subsidiary Hindustan Petroleum Corporation (HPCL) for a potential joint venture involving a huge oil-to-chemicals project in southern India, Bloomberg reported on Tuesday. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today....
