Saving Investment

Ares Management Corporation Closes £ 1.875 Billion Pledge to Ardonagh Group in Largest Unitranche Financing Transaction Ever

LOS ANGELES & LONDON – (BUSINESS WIRE) – Ares Management Corporation (“Ares”) (NYSE: ARES) today announced that it is the lead arranger of a £ 1.875 billion funding commitment to The Ardonagh Group (“Ardonagh”) , the UK’s largest independent insurance broker, through Ares’ global direct lending platform. Ardonagh is majority …

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British pound hits 14-month high against euro

A the wave of optimism over an economic recovery boosted global markets on April’s first trading day, supported by further positive data and the relaunch from Joe Biden. New figures from IHS Markit show manufacturing growth in the UK soared in March to reach 58.9, a decade high. A score …

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ON THE APPOINTMENT OF A BOARD MEMBER

Bloomberg No.1 engine’s Exxon Win gives ESG advocates a boost (Bloomberg) – The rejection of the Exxon Mobil Corp. management team marks one of the most significant victories for shareholders to push for drastic action on climate change. The transformation movement of Exxon’s board of directors has been led by …

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‘I don’t cook for her [again]’

A man’s girlfriend had weird answers to her kitchen – so Reddit helped them both realize that this pointed to something quite different. The man went to Reddit’s “Am I the A ******»Confused forum about his girlfriend’s recent behavior. Whenever he cooked meals for them (her household responsibility), she complained …

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