lorem ipsum dolor si amet is here.
I am the FIRST!!!
regular 4 post ff
infinite scroll 4 pff
Behind the scenes of Teneo CEO Declan Kelly’s resignation
Declan Kelly is out as CEO of corporate advisory firm Teneo, more than a month after being accused of drunkenly groping women at a charity event.
Why it matters: Kelly, a former Clinton aide and noted philanthropist, has turned Teneo into one of the most influential corporate PR players, with its clients often appearing in this space. It's also been on an acquisition spree since being acquired by CVC Capital Partners, whose lead partner on the deal is also chair of the nonprofit whose event Kelly desecrated.
The SPAC boom is starting to crack
The SPAC boom is beginning to show its first cracks, as several private equity-sponsored efforts have needed to downsize.
Driving the news: Cerberus yesterday shrunk the anticipated IPO for its telecom-focused SPAC from $400 million to $300 million.