Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a shareholder reshuffle, becoming a partial owner in one of Europe’s busiest airports alongside the Qatar Investment Authority. The fund is buying the stake as Spain’s...
Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway, died on Tuesday morning at a California hospital. Munger was 99, and would have turned 100 on Jan. 1. He died peacefully, Berkshire said. No cause was given....
Pantheon, a leading global private markets investor, is pleased to announce the successful closing of Pantheon Global Secondaries Fund VII and associated vehicles (PGSF VII), its latest flagship global private equity secondaries offering, with commitments totalling...
Patriot Growth Insurance Services, LLC (Patriot), one of the nation’s largest and fastest-growing insurance agencies, announces it has secured a new $500m round of financing to support its aggressive organic growth and acquisition strategy. The additional...
Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising $1.1bn to invest in loans that help emerging and frontier countries meet sustainable development targets. The fund is the...
