Buyout firm Apollo Global Management Inc said on Thursday its second-quarter distributable earnings fell 11% on-year, weighed down by slower asset sales in its private equity and real estate businesses. Apollo said distributable earnings (DE) – the cash...
Carlyle’s Global Partners strategy typically holds investments made from the fund for more than 10 years, Carlyle Group has collected at least $1.84bn in commitments so far for its latest long-lasting investment fund, according to a regulatory filing. The Washington...
A raft of U.S. private equity firms backed by the country’s largest endowment and pension funds stands to reap big gains from Ant Group’s highly anticipated initial public offering, even as U.S. lawmakers push funds to halt investments in China. Silver Lake Management...
sssdsThe barbarians are crying foul. For decades, private equity firms have been seen as the aggressive interlopers, using sharp practices to prevail in brutal corporate contests. Now that is being turned on its head. In a wave of company restructurings...
Private equity firm Permira bought a 60% stake in the children-focused business of language tutor EF Education First, valuing it at around $1.5 billion, according to two sources with direct knowledge. Permira and EF declined to comment. The sources, one of whom... 