U.S. public pension funds don’t have nearly enough money to pay for all their obligations to future retirees. A growing number are adopting a risky solution: investing borrowed money. More public pension plans than ever are using leverage, investing borrowed money in...
Italian buyout house Investindustrial is said to be in exclusive talks to buy TreeHouse Food’s meal-prep unit at a $1.3bn valuation, Bloomberg reported, quoting people familiar with the matter. Illinois-based TreeHouse said last year that it would launch a review,...
President Biden announced on Sunday that the U.S. will mobilize $200bn dollars of investment in global infrastructure projects in the next five years, as part of an effort by the world’s leading democratic economies to counter China’s Belt and Road...
UK private equity house WestBridge has picked up UK cloud and video over IP specialist Techex. The company, which was founded in 1971, designs, commissions and supports live video transport, processing, redundancy and monitoring solutions. Firm senior investment...
Matchroom boxing promotions CEO and boxing promoter Eddie Hearn is set to make a huge fortune as reports have come out that the Brtish promoter is in talks to sell a minority stake of his company. Boxing analyst, Michael Benson, took to Twitter to announce that Hearn... 