Lauren Hirsch
Posts
WeWork Misses $95 Million in Interest Payments
The skipped payments, another signs of the company’s financial troubles, are intended to start negotiations with lenders, it said.
Wall Street Moguls Win Important Backer in Their Fight Over Hedge Fund Sale
A group of high-profile investors is pushing to buy a storied hedge fund that has already agreed to be sold to another firm.
Several Executives of P.R. Firm Joele Frank to Start Own Firm
The business of advising companies on corporate crises is growing, and so is the number of firms specializing in it.
Ryan Reynolds Invests in Alpine F1 Team
The actor Ryan Reynolds, the private equity firm RedBird Capital and Otro Capital are among the investors taking a stake in Renault’s Alpine team.
Deal for Formula 1 Team Reflects Growing U.S. Interest in the Sport
The actor Ryan Reynolds and the private equity firm RedBird Capital are among the investors taking a stake in Renault’s Alpine team.
Hotelier Stops Making Loan Payments on Two San Francisco Properties
Park Hotels & Resorts said it stopped making payments on a $725 million loan tied to two prominent hotels in a city hit hard by...
Venture Capital Giant Sequoia Spins Off China and India Units
The Silicon Valley firm said that the split would simplify its business. The move comes amid rising tensions between the United States and China over...
Lazard Names Peter Orszag to Succeed Ken Jacobs as C.E.O.
Mr. Orszag will oversee a financial institution with a long history of advising on corporate deals at a time when its mainstay business faces huge...
Bank Turmoil Is Paving the Way for Even Bigger ‘Shadow Banks’
The market for loans from non-bank firms like Apollo and Blackstone is booming. A crisis in regional lenders could accelerate it.
PacWest Says It’s Exploring Options After Shares Plunge
An intensifying challenge for bankers and regulators is how to keep the turmoil in the stock market from spilling into the lenders’ day-to-day businesses.