Billionaire Steve Cohen agrees to buy the New York Mets

Billionaire Steve Cohen agrees to buy the New York Mets

Billionaire hedge fund manager Steve Cohen has signed an agreement with Sterling Partners to buy the New York Mets baseball team, the two sides said in a statement on Monday. “I am excited to have reached an agreement with the Wilpon and Katz families to purchase the...
Apollo Joins Impact-Investing Rush With Goal to Be Market Leader

Apollo Joins Impact-Investing Rush With Goal to Be Market Leader

Apollo Global Management Inc. is venturing into the world of impact investing, a corner of finance where most of its private equity peers already have substantial operations. Marc Becker, a senior partner at Apollo, and Joanna Reiss, who joined this month from Cornell...
Former KKR dealmaker’s SPAC to raise $500 million in U.S. IPO

Former KKR dealmaker’s SPAC to raise $500 million in U.S. IPO

A blank check company backed by former KKR & Co Inc dealmaker Jim Momtazee said on Tuesday it plans to raise $500 million in its initial public offering. The blank check company called Montes Archimedes Acquisition Corp will list about 50 million units at an...
Parma football club poised for sale to America’s Krause family

Parma football club poised for sale to America’s Krause family

The US billionaire Krause family is nearing an agreement to acquire a majority stake in Italian football club Parma, in a move that would make it the latest American investor in Serie A.  A deal valuing the club at more than €100m could be reached by the end of the...