How private equity squeezes cash from the dying U.S. coal industry

How private equity squeezes cash from the dying U.S. coal industry

Private equity firms are proving there’s still plenty of profit in the U.S. coal industry despite a decade of falling demand for the fossil fuel. They are spending billions of dollars buying coal-fired plants on the cheap – and getting paid even when they are...
NREP raises €900m for new ‘perpetual’ fund

NREP raises €900m for new ‘perpetual’ fund

NREP has raised €900m for its new, semi open-ended fund to invest long-term in middle-income residentials, modern logistics facilities and social infrastructure. The capital, entirely raised during the pandemic, enables NREP to respond to a significant set of...
Former Apollo partner Beard preps $200 million energy SPAC

Former Apollo partner Beard preps $200 million energy SPAC

Greg Beard, a former senior partner at private equity company Apollo Global Management Inc, plans to raise $200 million in an IPO for a blank-check acquisition firm focused on the energy sector, according to people familiar with the matter. Beard’s special purpose...