Apple Becomes First U.S. Company Worth More Than $2 Trillion

Apple Becomes First U.S. Company Worth More Than $2 Trillion

Apple hit a new milestone on Wednesday, becoming the first publicly traded U.S. company to reach a market capitalization of over $2 trillion and doubling in valuation over the last two years. Key Facts – The iPhone maker’s stock is up almost 55% so far in 2020,...
6 Family Office Trends In Direct And Venture Capital Investment

6 Family Office Trends In Direct And Venture Capital Investment

Over the past decade, family offices have become a significant driving force in global investment and innovation. Despite uncertainties caused by the COVID-19 pandemic and the threat of an encroaching global recession, family offices remain cautiously optimistic about...
KKR acquires business service provider Citation from Hg

KKR acquires business service provider Citation from Hg

KKR has acquired Citation Group from Hg, becoming the third private equity owner of the UK business service provider. The terms of the transaction were not disclosed. HgCapital Trust, the listed investment company of London-based Hg, said in a statement it would...
HSBC closes its second private equity fund at $260m

HSBC closes its second private equity fund at $260m

HSBC Global Asset Management (GAM) has closed its second Vision Private Equity fund, raising more than $260m. The fundraising is in line with its predecessor strategy, wrapped up at $250m in June last year. The vehicle aims to make primary, secondary and direct...