BlackRock, Warner Music Invest $750m in Female and Diverse Artists

BlackRock, Warner Music Invest $750m in Female and Diverse Artists

Lately, white male arena-rock artists have really been cashing in on their back catalogs as they approach retirement age. But in a surprising pivot, Warner Music Group, the third-largest record label, has partnered with BlackRock, the world’s largest asset manager, on...
Insight Partners raises $20bn for twelfth flagship fund

Insight Partners raises $20bn for twelfth flagship fund

Insight Partners said on Thursday it has raised $20bn for its twelfth flagship fund as the New York-based private equity and venture capital firm looks to ramp up investments in technology and software companies. The sum is the firm’s largest fundraise to date and is...
Apollo targets $50bn in sustainable investments with new platform

Apollo targets $50bn in sustainable investments with new platform

Apollo Global Management, a manager of alternative assets, launched a sustainable investing platform, targeting the deployment of $50bn in decarbonization and energy transition opportunities over the next five years. The new platform underscores the opportunity that...
Saudi Aramco closes $15.5bn BlackRock-led gas pipeline deal

Saudi Aramco closes $15.5bn BlackRock-led gas pipeline deal

Saudi Aramco closed a deal to sell a stake in its natural-gas pipelines for $15.5bn and entered into a pact with BlackRock Inc. to explore low carbon energy projects. An investor group, led by BlackRock, acquired a 49% stake in Aramco Gas Pipelines Co. in a lease and...