Private Equity
A new report says the powerful talent agency faces financial headwinds from Hollywood’s strikes—but its outlook remains stable. : Fame and Fortune: French billionaire François-Henri Pinault bought a majority interest in CAA, the agency that represents his wife, actress Salma Hayek. The sale of a majority stake in the talent agency CAA by the private equity firm TPG at a $7 billion valuation to Artémis, the investment firm controlled by French luxury goods billionaire François-Henri Pinault, is going to leave CAA with significant credit risk, according to a report issued yesterday by Moody’s Investors Service.