Finzzle's founder and current management will remain significant shareholders post-transaction, ensuring continuity in leadership and strategy. The partnership aims to scale the firm's operations, support international expansion, and solidify its market position as a benchmark wealth manager in France. Founded in 1992, Finzzle operates a hybrid model combining an entrepreneurial consultant network with robust back-office infrastructure. Its ecosystem includes over 3,300 independent wealth consultants and 330 employees supporting product development, operations, and client services. The firm has built a reputation for democratising access to wealth advisory services. Its platform offers certified training, personalised support, and technology-driven tools to help advisers grow their practices. The strategy is rooted in providing investors with customised, high-quality financial advice to build, protect, and transfer wealth. Bridgepoint brings extensive experience scaling asset and wealth management businesses. The acquisition is expected to accelerate Finzzle's growth, enhance institutional capabilities, and open new avenues for M&A....
Despite early optimism for a surge in IPOs in 2025, the pace of public listings remains slower than anticipated with the predicted wave of IPOs having yet to materialize, particularly in the United States. Instead, company boards and leaders are left to navigate a broader landscape of strategic transactions, including mergers and acquisitions, private equity investments, and debt and capital raises. Market conditions, however, can shift rapidly, creating both uncertainty and opportunity. Developments, including the announcement of new tariffs and shifts in economic policy, have added heightened uncertainty to the IPO and capital market. IPO timelines have always been unpredictable, but the recent rapidly shifting economic environment underscores the fragility of IPO timeliness. While the IPO market remains unpredictable, global dealmaking across M&A and private capital investment is showing strong momentum, with companies actively planning for strategic growth. By maintaining strong governance, financial transparency, risk management and operational efficiency, companies can move swiftly and decisively when market conditions align, reducing the risk of delays or missed opportunities....
The deal comes after the UK government intervened in a prior agreement involving RedBird IMI, a joint venture backed by Abu Dhabi, due to concerns over foreign state ownership of domestic media. Under the new structure, RedBird Capital will lead the transaction and is in talks with select UK-based minority investors with print media expertise. IMI will retain a minority stake, subject to regulatory approval. RedBird plans to invest in the group's digital infrastructure, subscriber growth, and journalistic talent, aiming to drive innovation and expand its reach ' particularly in the US. The firm intends to apply best-in-class data analytics and AI tools to enhance value for its core subscriber base and attract new audiences. 'This transaction marks the start of a new era for The Telegraph as we look to grow the brand in the UK and internationally, invest in its technology and expand its subscriber base,' said Gerry Cardinale, founder and managing partner of RedBird. Anna Jones, CEO of Telegraph Media Group, added: 'RedBird Capital Partners have exciting growth plans that build on our success ' and will unlock our full potential across the breadth of our business.'...
In 2019, Lawrence Summers and Jason Furman, two of America's most influential economists, published an essay titled 'Who's Afraid of Budget Deficits'' In it, they argued that Washington's long-standing worries about the national debt had been overblown. Other prominent experts, including the former head economist of the International Monetary Fund, an institution known for imposing harsh fiscal austerity on developing countries, came to similar conclusions. The reason: Deficit hawks had been fixated on the wrong number. The debt, according to these economists, still mattered. But whether it would become a serious problem, they observed, depended not on how big and scary the number was (about $28 trillion at the time, and today closer to $36 trillion), but instead on a simple formula involving the variables r and g. As long as a country's economic growth rate (g) is higher than the interest rate (r) it pays on its national debt, then the cost of servicing that debt will remain stable, allowing the government to roll it over indefinitely without much worry. Given that interest rates had been close to zero for a decade, Furman and Summers concluded that the 'economics of deficits have changed' and called on Washington to 'put away its debt obsession and focus on bigger things.'...