Sale to a group of family offices and investment firms comes as the hedge fund plots IPO
Consolidation is coming and key players have staked their reputations on being ready to take advantage
Early Spotify backer Creandum raises €500mn in ‘record time’ as venture capitalists predict return to growth this year
Industry challenger breaks even for the first time but makes higher provisions for bad loans
Private equity group planning to change offer to a ‘scheme of arrangement’ that would ease takeover