When Albert Manifold was hired as chairman of BP Plc, he joked to friends the company needed a “gurrier” — Irish slang for a savvy and scrappy streetfighter — to help turn its fortunes around.
When Albert Manifold was hired as chairman of BP Plc, he joked to friends the company needed a “gurrier” — Irish slang for a savvy and scrappy streetfighter — to help turn its fortunes around.
Albert Manifold Photographer: Chris Ratcliffe/Bloomberg
Private markets firms have been slow to spend hoards of capital raised earlier this decade, sparking tough talks with investors about whether they should get more time to find investments.
Private markets firms have been slow to spend hoards of capital raised earlier this decade, sparking tough talks with investors about whether they should get more time to find investments.
Private market dealmakers attending SuperReturn in Berlin this week are likely to be handed a short but sharp to-do list by their investors: give us our money back.
Private market dealmakers attending SuperReturn in Berlin this week are likely to be handed a short but sharp to-do list by their investors: give us our money back.
Blue Owl signage outside the Seagram Building at 375 Park Avenue in New York, US, on Wednesday, April 8, 2026. The outlook on the flagship fund of private credit giant Blue Owl Capital Inc. was cut to negative by Moody's Ratings, the latest sign of mounting strains in an industry stung by investors rushing to pull their money from funds aimed at retail buyers.
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