More than 1,600 private equity firms have been active in the US so far this year. A mere 7% were either founded or co-founded by women. It’s a sign of the challenges many women face in establishing a foothold in the still-patriarchal world of the private...
Wall Street’s top matchmaker for megadeals sees a wave of corporate takeovers coming with a worrying implication for the workforce: a jump in job losses. “Politicians are going to be faced with the uncomfortable reality that you’re going to have more big business...
Carlyle Group Inc. Chief Executive Officer Kewsong Lee is working on post-election plans and helping employees avoid burnout, while continuing to pursue deals, especially outside the U.S. The firm has invested about $1.5 billion in Asia alone this year, mostly in...
Former Tiger Global Management executive Lee Fixel has raised a $1.4bn venture capital fund less than four months after securing his first vehicle, an unusually quick pace that points to exuberance in the market for start-up investments. Mr Fixel’s firm, Addition,...
GTT Communications Inc. agreed to sell its fiber and data center infrastructure division to I Squared Capital for $2.15 billion, as the telecom carrier focuses on its cloud networking business. The Miami-based private equity firm will acquire GTT’s Europe and North... 