Good afternoon, The founder of the First Guardian Master Fund boasted of his ethical credentials years before he and his partner struck a deal with advisers that would lure more than $600m into the now failed strategy, most of it lost. Private equity firm Blackstone is understood to have considered buying non bank lender Pepper Money but walked away when KKR’s asking price was too high, writes DataRoom's Bridget Carter. Meanwhile, the Australian Workers’ Union is emerging as a key gatekeeper to the Albanese government’s approval of a near-$30bn takeover bid for Santos by Abu Dhabi’s state-owned oil giant, ADNOC, according to Macquarie. |