Permira appoints Dr John Tang as Senior Adviser. We believe the winners will combine deep domain expertise with technology, proprietary data and AI to deliver better outcomes for customers and scale in fundamentally different ways. John brings a rare combination of investment judgement, technical depth and operating experience, and we're delighted to welcome him to the team. Philip Muelder and Daniel Brenhouse Partners and Co-Heads of Services at Permira * AI and technology leader brings more than two decades of experience spanning investing, technology and operational value creation, including senior AI and operating roles at Cerberus Capital Management, Barclays and J.P. Morgan * Appointment strengthens Permira's capabilities to accelerate AI transformation across its Services portfolio and back the next generation of AI-enabled services businesses London and Menlo Park - October 26th - Permira, the global investment firm, today announced the appointment of Dr John Tang as a Senior Adviser to its Services team. Based in London, Dr Tang will work with Permira's Services team and portfolio company leadership to accelerate AI-led transformation and help identify and build the next generation of AI-enabled services businesses. He brings deep expertise across AI, data, product and engineering, and will support the team both in evaluating new opportunities and in working alongside portfolio companies to build and scale AI capabilities. Dr Tang has more than 20 years of experience across AI, data science, technology and investing. Most recently, he led the EMEA Technology Solutions arm at Cerberus Capital Management, where he was responsible for technology and AI strategy across deal sourcing, due diligence and portfolio value creation. Previously, Dr Tang held senior data and AI leadership roles at Barclays and J.P. Morgan. As Chief Data Scientist at Barclays' UK Information Business, he led the commercialisation of data and AI capabilities serving more than 20 million retail customers. Earlier, as Head of EMEA for J.P. Morgan's Big Data & AI group, he helped develop and execute data and AI strategy across the business. Dr Tang began his career as a research scientist at the University of Cambridge and remains active in the technology ecosystem as an adviser, mentor and venture investor. Philip Muelder and Daniel Brenhouse, Partners and Co-Heads of Services at Permira, said: "AI is creating a significant opportunity across the services ecosystem, not only to transform established businesses, but also to build entirely new company categories. We believe the winners will combine deep domain expertise with technology, proprietary data and AI to deliver better outcomes for customers and scale in fundamentally different ways. John brings a rare combination of investment judgement, technical depth and operating experience, and we're delighted to welcome him to the team." Ben Rogers, Global Director of AI Value Creation at Permira, said: "We are already seeing AI move beyond productivity tools to reshape products, workflows and entire service delivery models. The opportunity is increasingly not just to use AI within a services business, but to redesign the business around AI. John has spent his career at the intersection of AI, technology and commercial value creation, and his experience will be hugely valuable as we partner with management teams to turn that opportunity into tangible growth and competitive advantage." Dr John Tang, Senior Adviser at Permira, said: "AI is fundamentally reshaping services companies, blurring the boundaries between people, software and technology and creating a new generation of businesses that can scale and differentiate in entirely new ways. Permira has a strong track record of backing ambitious teams to build category leaders, and I'm looking forward to working with the global Services investing and AI value creation team to help identify and build the next generation of AI-native services businesses."

London Stock Exchange Group agrees to buy Octus from Permira for $3.5 billion. Published on 10/22/2026 at 02:55 am EDT By Dominic Chopping London Stock Exchange Group said it has agreed to acquire credit intelligence, data and workflow provider Octus from Permira and management for $3.54 billion. The stock-exchange and financial-information company said last week that it was in talks over the deal. "The acquisition will transform LSEG's presence in credit and private markets data, creating a leading proposition in these high-growth areas," it said Thursday. Separately, the company said it has raised its full-year revenue, margin and free cash flow guidance "following the continued strength of our business in Q3." The company now expects to report organic constant currency growth in total income excluding recoveries of at least 8.0%, from 7.0% to 7.5% previously, noting an acceleration of organic growth in its subscription businesses and continued strong growth in its markets division. The earnings before interest, taxes, depreciation and amortization margin this year is now expected to grow by 100 to 120 basis points at constant currency, having previously expected an improvement of around 100 basis points. Equity free cash flow of at least 2.8 billion pounds ($3.75 billion) is expected this year, up from previous guidance of 2.7 billion pounds. Write to Dominic Chopping at [email protected] (END) Dow Jones Newswires 10-22-26 0254ET (C) Dow Jones - 2026