To compete with private sector pay, public institutions may have to focus on hiring people who buy into the organisation's social purpose, according to CalPERS CIO Joe Dear.
2 min read · 08 February 2013
Is Charterhouse taking the concept of 'patient capital' a little too far?
1 min read · 18 January 2013
On legendary guitar-maker Fender's upcoming $200 million IPO
2 min read · 18 January 2013
The UK turnaround specialist has bought the remaining UK assets of Game, a high street videogame retailer that collapsed into administration last week.
2 min read · 18 January 2013
CVC has brought in a heavy-hitting operational expert to replace Andrew Bristow as CEO at Autobar, as it gears up for a sale or a float of the UK vending machine company.
2 min read · 17 January 2013
The Paris-headquartered firm has paid CHF 30 million for a minority stake in manufacturer Group Acrotec, as it looks to take advantage of rising demand for Swiss watches.
2 min read · 17 January 2013
First Round has been inspired by the (somewhat unexpected) London Olympic euphoria as much as the next magazine intro section. But inspiration can only take you so far; viz., up to the point when someone tries to talk you into an act of athletic endeavour or endurance that goes way beyond the boundaries of common sense.
1 min read · 17 January 2013
Once upon a time Rolling Stone used to be a music magazine. But these days it also dabbles a bit in business and finance, notably with its famous ‘vampire squid wrapped around the face of humanity’ evisceration of Goldman Sachs in 2010.
1 min read · 17 January 2013
When The Blackstone Group’s Chad Pike – a US national who was previously co-head of the firm’s real estate arm and is now vice-chairman of Blackstone Europe – bought a family home in Edington, a tiny Wilshire village not far from Stonehenge, he probably thought he was acquiring a little slice of English country paradise (albeit largely for weekend use only).
1 min read · 17 January 2013
Poor old Mitt. When your opponents are trying to characterise you as an out-of-touch asset-stripping plutocrat with no compassion for the struggles of working people, it’s probably not a good idea to add fuel to the fire by criticising your country’s widespread dependency culture while having dinner with other rich people in a mansion.
1 min read · 17 January 2013