‘Hound of Hades’ private equity firm pursues Aldermore

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City AM

‘Hound of Hades’ private equity firm pursues Aldermore

Private equity firm Cerberus has teamed up with Warburg Pincus on a joint bid for alternative lender Aldermore, City AM can reveal, in a sale process that could value the company at more than £1.4bn. The US private equity firm, named after the Hound of Hades, a three-headed dog that guards the gates of the [...]