A credit crunch is hitting many indebted companies, and Apollo Global Management Inc (APO.N) never had it so good. The private equity firm’s shares hit an all-time high earlier this month, outperforming its peers, as investors bet it can invest its $40 billion of...
The Trump administration has cracked open the door for private equity funds to get into 401(k) workplace retirement plans. There’s roughly $5.6 trillion in such accounts, and the prospect of capturing even a sliver of it has the industry abuzz. A more complicated...
Carlyle Group has sold UK-based software testing company Eggplant to Keysight Technologies for $330m. The firm scored a seven times return on the exit, a person familiar with the matter told Private Equity News. Eggplant provides automated and AI-driven software...
Steve Schwarzman, the boss of heavyweight private equity investment firm Blackstone Group, believes the recovery from COVID-19 will be gradual but V-shaped. A so-called “V-shaped” recovery assumes a gradual recovery without any setbacks whatsoever. In an interview...
The block deal was carried at a discount of 4.47%, as the transaction value was at Rs341 per piece. On Thursday, the Embassy Office Parks REIT stock was performing broadly in green after a massive block deal where its promoter Blackstone Group offloaded their... 