Saudi Aramco is in talks with BlackRock and other investors on a planned deal worth over $10 billion to sell a stake in its pipeline business, sources said. The deal, internally dubbed “Project Seek”, is still in its initial phase and there is no formal decision on...
Fortress Investment Group LLC has made a last-minute offer of as much as 900 million euros ($1.1 billion) for media rights to Italy’s Serie A soccer league, according to a document seen by Bloomberg. Serie A’s board of directors are set to gather on Tuesday to review...
Consumer-lending platform and Blackstone portfolio company Finance of America Equity Capital is set to go public with a valuation of $1.9bn through a blank-check merger, this year’s hottest way to list shares, according to people familiar with the matter. Finance of...
Impact investing, where funds seek to generate positive social or environmental impact alongside financial returns, has matured in recent years but the pandemic seems to have become the final push it needed to move into the mainstream. Buyout firms in Europe are...
Pictet Alternative Advisors, part of Geneva-based private bank Pictet Group, has launched its first tech-focused fund, a $300m private equity vehicle. The new strategy, Pictet Thematic Private Equity – Technology, will target funds of all sizes and companies from...