As businesses seek to address both the immediate and long-term effects of COVID-19 on their operations, the reinsurance industry is at the forefront of conversations to create a forward-looking solution for pandemic risk in conjunction with...
Private equity has been good to U.S. public pensions. In the decade ended June 30, the asset class returned a median 13.7%, with the median return among the top 10 plans a bit higher at 15.6%. Recent data from the American Investment Council show the $19...
Warburg Pincus is telling investors it won’t make any deals linked to fossil fuels from its next flagship fund, joining other private equity firms that are reducing their investment presence in the oil and gas sector. “Warburg Pincus will begin a transition away from...
Silver Lake is about to strike its second deal in France this month. The agency has entered into unique negotiations to accumulate a majority stake in monetary brokerage Groupe Meilleurtaux from Goldman Sachs. The transaction, which is anticipated to shut within the...
Blackstone Group on Thursday reported $564.3 billion assets under management as of June 30, a 4.9% increase from March 31 and up 3% year-over-year. Stephen A. Schwarzman, chairman and CEO, attributed the what he called a strong quarter to a sharp rebound in investment... 