• Mark Patricof gets some of the world's biggest athletes into hot private equity deals. He tells us how he built an A-list client roster that includes Venus Williams and J.J. Watt

    28 days ago - By Business Insider

    Summary List Placement One Mark Patricof's favorite parts of introducing professional athletes to the world of private equity is watching finance titans get starstruck when meeting stars.
    "It's fun to see partners at KKR and Silver Lake and Carlyle interacting with Todd Gurley," Patricof said, referring to the star running back. "You watch for the first 15 minutes how nervous and shy these PE guys are, and it takes a while to ease into the conversations."
    "They're not nervous talking to Elon Musk. But put them in a room with Blake Griffin and they turn to mush," Patricof continued...
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  • Big banks are propping up the coal industry as it keeps on pumping out toxic emissions in some parts of the world

    Big banks are propping up the coal industry as it keeps on pumping out toxic emissions in some parts of the world

    28 days ago - By Business Insider

    Summary List Placement It's been six years since the world's governments adopted the Paris Agreement. But in many parts of the world, including my country of Indonesia, the coal industry rampages on, aided and abetted by banks from around the world.
    Coal is the single most significant source of global temperature increases to date. Scientists say if we want to meet the Paris Agreement's 1.5°C target, coal needs to be phased out globally by 2040 .
    As important as political action is on climate change, banks must end their financing of coal too. Through their lending and investing...
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