Holding

Private Equity Firm IMCO Prepares for Potential Holding Trends Amid Market Uncertainty

Toronto, Ontario – As private equity firms navigate a challenging investment landscape with rising interest rates, Investment Management Corp. of Ontario stands ready to weather the storm. With a C$77.4 billion portfolio, the Canadian pension manager remains patient despite the slowdown in exits from investments. Chief Investment Officer Rossitsa Stoyanova acknowledges the difficulties private equity firms face in securing financing for acquisitions and finding buyers for assets at favorable valuations. However, optimism emerges as signs …

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Tax and Toll Increase Package Launched by Democrats in Maryland House of Delegates Holding State Budget Hostage

ANNAPOLIS, Maryland – Democrats in the Maryland House of Delegates unveiled a bold $1.2 billion tax, toll, and fee increase package on Friday, setting the stage for a contentious budget battle in the state. The proposal aims to address mounting deficit projections in Maryland, reminiscent of the challenges faced during the Great Recession. The comprehensive plan includes measures such as legalizing and taxing online poker and other forms of internet gambling, introducing new fees for …

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Brad Pitt Admits He’s “Holding Out Hope” for Estranged Kids in 2024

Los Angeles, California – Ever since the highly publicized split between Brad Pitt and Angelina Jolie, the world has been eagerly following the story to see how their children have been coping with the aftermath. In recent years, their eldest children, Maddox, Pax, and Zahara, have hinted at their feelings towards their father, with reports now emerging in 2024 that Pitt is holding out hope for a reconciliation with them. According to insiders, Pitt’s estrangement …

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