Apollo Global Management said it expects its assets under management to double to about $1 trillion by 2026, setting up a race with fellow investment behemoth Blackstone, which has set the same lofty target. Apollo expects the merger with its insurance affiliate...
Wolves are lining up a lucrative pre-season tour of the United States after the club’s owners Fosun sold a minority stake to private equity firm PEAK6. PEAK6, a finance and technology group based in Chicago, once controlled a 25% share in Bournemouth but this holding...
PwC has struck a deal to sell its mobility services division to US private equity firm Clayton, Dubilier & Rice (CD&R) for $2.2bn. The sale of the unit, which advises more than 3000 organisations on tax and immigration issues when they move staff abroad, is...
A robotics and automation company backed by Walmart, the world’s biggest store-based retailer, is in talks to merge with a “blank cheque” company set up by the Japanese technology giant SoftBank. Sky News has learnt that Symbotic, which is run by...
Aterian Investment Partners, a middle market private equity firm focused on investing in industry-leading businesses poised for transformation, announces the closing of its fourth fund, Aterian Investment Partners IV, LP with over $830m of capital commitments.... 