Private Equity Will Drive Hospitality Liquidity in 2021

Private Equity Will Drive Hospitality Liquidity in 2021

Private equity and institutional investors were responsible for 54% of hotel investment volume last year, and they are likely to continue to drive activity in 2021. Private equity and institutional investors have started to return to the hotel market, a trend that...
KKR-backed SPAC looks to raise $1 billion in IPO

KKR-backed SPAC looks to raise $1 billion in IPO

A blank-check company backed by private equity firm KKR & Co Inc is aiming to raise about $1 billion in its initial public offering (IPO), a regulatory filing showed on Thursday. The company, KKR Acquisition Holdings I Corp, said it would sell 100 million units,...