The chair of the European Securities and Markets Authority has written to the European Commission asking for clarity on the extent to which UK-based hedge funds and private equity firms can run funds – and take in money from investors – inside the EU after Brexit. The...
As the coronavirus pandemic rewrites the financial forecasts of businesses from travel to energy and retail, private equity firms are intensely focused on tech businesses they believe can weather the storm. The thesis is that companies are shifting operations online...
British aero-engines maker Rolls-Royce plans to sell Spanish unit ITP Aero and other assets to raise at least 2 billion pounds ($2.6 billion) to boost a balance sheet shattered by the travel slump brought on by the coronavirus pandemic. Rolls-Royce also said on...
More retail investors will be gaining access to private funds and companies with new rules approved by the Securities and Exchange Commission today. For the first time, persons who don’t meet minimum levels of income and net worth in the ‘accredited investor...
General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are manoeuvring to be part of a deal to acquire the US operations of the popular video sharing app as it seeks to avoid a ban by the Trump administration, according to people... 