Apollo Global Management Inc. said on Friday that it agreed to invest $265 million in offshore wind developer US Wind Inc, marking the private equity firm’s first foray into one of the hottest areas of renewable energy development in the country. Apollo said its...
General Atlantic has entered a strategic partnership with fitness community and apparel brand Gymshark in its first-ever fundraise, valuing the business at over GBP1 billion. The valuation means that Gymshark joins the list of fewer than 25 British companies to have...
Brazilian gaming company Wildlife Studios said on Friday it had raised $120 million from Vulcan Capital, a fund tied to Microsoft co-founder Paul Allen, which now values the company at $3 billion. Wildlife, which develops mobile games, had already become a unicorn...
Warren Buffett’s Berkshire Hathaway Inc. said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes in Wells Fargo & Co and JPMorgan Chase & Co and exiting an investment in Goldman Sachs Group Inc. In a regulatory filing detailing...
For years, the story of private equity in the wealth management space was one of big names, splashy headlines and outsized transactions. With economic growth on the upswing and markets soaring, it seemed like the deal-making would go on forever. How quickly things can... 