Private equity management

December 08, 2019 - 11:52 am
NEW YORK (AP) — In November, newspaper publisher GateHouse completed its acquisition of USA Today owner Gannett, creating the largest newspaper publisher in the U.S. Executives behind the merger, which was funded in part by a high-interest, $1.8 billion loan from a private equity firm, have pledged...
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FILE - In this Aug. 5, 2019, file photo, sections of a USA Today newspaper rest together in Norwood, Mass. GateHouse Media has closed on its takeover of Gannett, bringing about 260 daily papers together to become the country’s largest newspaper company by far. (AP Photo/Steven Senne, File)
November 19, 2019 - 5:25 pm
NEW YORK (AP) — GateHouse closed its $1.1 billion takeover of USA Today publisher Gannett, becoming the country’s largest newspaper company by far and pledging significant cost cuts at a time when print publications are in precipitous decline. The merger brings together about 260 daily papers,...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 14, 2019 - 1:07 pm
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden says he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned companies...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 7:18 pm
WASHINGTON (AP) — The Latest on Hunter Biden, son of Democratic presidential candidate Joe Biden (all times local): 7 p.m. Joe Biden is laying out some ethical markers should he become president. He says that in a Biden White House, his family members would not be allowed to have any business...
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FILE - In this Jan. 30, 2010, file photo, Vice President Joe Biden, left, with his son Hunter, right, at the Duke Georgetown NCAA college basketball game in Washington. Since the early days of the United States, leading politicians have had to contend with awkward problems posed by their family members. Joe Biden is the latest prominent politician to navigate this tricky terrain. (AP Photo/Nick Wass, File)
October 13, 2019 - 6:35 pm
NEW YORK (AP) — Facing intense scrutiny from President Donald Trump and his Republican allies, Hunter Biden said Sunday he will step down from the board of directors of a Chinese-backed private equity firm at the end of the month as part of a pledge not to work on behalf of any foreign-owned...
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FILE - In this Aug. 11, 2019, file photo, Democratic presidential candidate and businessman Tom Steyer waits to speak at the Des Moines Register Soapbox during a visit to the Iowa State Fair in Des Moines, Iowa. Tax records released by Steyer show he made well over a billion dollars over the last decade. (AP Photo/Charlie Neibergall, File)
August 29, 2019 - 7:29 pm
WASHINGTON (AP) — Democratic presidential candidate Tom Steyer made well over a billion dollars over the last decade from holdings that not only include the hedge fund he founded, but also investments in Chinese private equity firms, tech startups, pharmaceutical companies and nursing homes, his...
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FILE- This Feb. 21, 2018, file photo shows a display of Heinz Ketchup on display in a market in Pittsburgh. Kraft Heinz Co. is bringing back its former chief financial officer amid accounting problems and falling sales. Paulo Basilio, joined H.J. Heinz as CFO in 2013 and remained in the job after the company's 2015 merger with Kraft. He most recently served as Kraft Heinz's chief business development officer. (AP Photo/Gene J. Puskar, File)
August 26, 2019 - 2:52 pm
CHICAGO (AP) — Kraft Heinz Co. is bringing back its former chief financial officer amid accounting problems and falling sales. Paulo Basilio, 44, joined H.J. Heinz as CFO in 2013 and remained in the job after the company's 2015 merger with Kraft. He most recently served as Kraft Heinz's chief...
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August 15, 2019 - 7:57 am
MOSCOW (AP) — A Moscow court has put a jailed French investor under house arrest. The Moscow City Court ruled on Thursday to place Philippe Delpal, partner at the Moscow-based private equity firm Baring Vostok, under house arrest, more than six months after he was first detained and sent to jail...
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FILE - In this Feb. 4, 2019, file photo, Miami Dolphins owner Stephen Ross speaks in Davie, Fla. Ross, a billionaire New York investor who is hosting a high-dollar fundraiser for President Donald Trump also has a financial interest in the president’s business empire. (AP Photo/Brynn Anderson, File)
August 08, 2019 - 6:07 pm
WASHINGTON (AP) — A billionaire New York investor and owner of the Miami Dolphins who is hosting a high-dollar fundraiser for Donald Trump on Friday also has a financial interest in the president's business empire — including his iconic Manhattan tower. Shortly after Trump's election, Stephen M...
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Senate Armed Services Committee member Sen. Elizabeth Warren, D-Mass., questions Secretary of the Army and Secretary of Defense nominee Mark Esper during his confirmation hearing on Capitol Hill in Washington, Tuesday, July 16, 2019. (AP Photo/Manuel Balce Ceneta)
July 18, 2019 - 9:15 am
WASHINGTON (AP) — White House hopeful Elizabeth Warren is proposing new regulations on the private equity industry, pitching constraints designed to end what she decries as "legalized looting" by investment firms that take over troubled companies. Warren's plan, the latest in a series of policy...
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