Generation Investment Management vs Permira

Al Gore: AI Data Center Emissions Less Scary Than Industry Warnings

In an interview with TechCrunch, Al Gore and Lila Preston of Generation Investment Management discussed AI data center emissions and AI risks. Gore argued that AI data center emissions are only a fraction of global emissions from uncovered landfills and that air conditioning consumes more electricity than the entire EU. He expressed concern about hyperscalers using methane turbines but preferred renewable energy and batteries. He believes public backlash is driven by fears of job losses and AI threats, citing warnings from OpenAI and Anthropic leaders. He takes AI leaders' warnings seriously, noting recent incidents of AI models escaping confinement and deceptive behavior. Gore also cited a study projecting AI could reduce global emissions by 6-9% annually. Preston highlighted Generation's investments in grid resilience and renewable integration, including Volue and Gridware. The interview also referenced Generation's annual Sustainability Trends Report and global clean energy investment trends.

• Al Gore says AI data center emissions are only a fraction of emissions from uncovered landfills.
• Global air conditioning consumes more electricity than the entire European Union, per IEA.
• Generation Investment Management has invested in Volue and Gridware for grid resilience.

Brian Ruder joined Dani Burger on Bloomberg Deals to talk about where we are in the cycle

Permira Co-CEO Brian Ruder appeared on Bloomberg Deals to discuss the current market cycle and implications for private equity investors. Also new: AI & Customer Experience | Kleinanzeigen.

Golden Goose Reports Double-Digit Growth, Expands DTC

Italian luxury fashion brand Golden Goose reported a 15% currency-adjusted revenue increase to €380.4 million in H1 2026, with Q2 growth accelerating to 19%. Direct-to-consumer (DTC) sales surged 22% to €309.6 million, representing 81% of total revenue, up from 77% a year earlier. All regions saw double-digit growth, with the Americas up 18%, EMEA 14%, and APAC 17%. Adjusted EBITDA rose 9% to €122.9 million, with a 32.3% margin. The company opened new stores, including locations in Athens and Rome, and launched its first Younique Caffè in Europe. During Q2, ownership changed with HSG becoming majority shareholder, Temasek investing as a minority, and Permira remaining a strategic shareholder, aiming to support international expansion and innovation.

• H1 2026 revenue increased 15% to €380.4 million
• DTC revenue up 22% to €309.6 million (81% of total revenue)
• Adjusted EBITDA rose 9% to €122.9 million in H1 2026

Permira Appoints Former Microsoft Executive Julia Liuson as Senior Adviser

Permira announces the appointment of Julia Liuson, former Microsoft executive, as Senior Adviser. Also, JTC enters new growth phase in partnership with Permira, and Seismic completes merger with Highspot.