Hedge fund manager Kyle Bass, a frequent critic of the Chinese Communist Party, on Thursday blasted American companies that speak up against social injustices in the U.S., but fail to take forceful positions around human rights abuses in China. Companies for Cozying up to China in the Name of Profits (CNBC) “With the Evolution Fund, Nordic Capital will build on its long and successful investment experience in the mid-market, applying its value creation model to a broader size range of mid-market companies in its selected sectors and geographies, leveraging its expertise and extensive expert networks,” said the release. The Evolution Fund was substantially oversubscribed at its hard cap and significantly exceeded its target, said a press release from the private equity fund that focuses on investments primarily in Northern Europe. The private equity investor Nordic Capital has created a new fund for mid-sized companies worth €1.2 billion ($1.4bn), including GP commitment of 6.8%, in just three months. Nordic Capital Raises $1.4bn for First Mid-Market Fund (Opalesque) Elliott also criticized the company’s recent performance under her leadership. Walmsley should continue to lead the company. It asked Glaxo to launch a process to decide whether Ms.
pharmaceutical giant’s planned separation of its businesses. Elliott, in its first public comment after amassing a stake in Glaxo, called on Thursday for board changes ahead of the U.K.
GlaxoSmithKline PLC said its board sees Chief Executive Emma Walmsley as the right person to lead the company’s pharmaceutical business after a planned split with its consumer-health unit, a vote of confidence a day after activist investor Elliott Management Corp. GlaxoSmithKline Says Board Supports Under-Pressure CEO (The Wall Street Journal)
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