Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar with the matter, setting the Swiss bank up for a potential windfall as the Chinese internet giant prepares to go public. The Zurich-based...
Billionaire Elon Musk’s Space Exploration Technologies Corp. is in talks to raise new capital at a valuation of about $44 billion, according to people with knowledge of the matter. The company, better known as SpaceX, is in discussions with investors to raise about $1...
Investment firm Berkshire Partners said on Friday it would join Eric Roza to buy CrossFit Inc, nearly two months after the founder of the fitness company, Greg Glassman, stepped down amid widespread criticism for his tweet on the death of African American George Floyd...
The Carlyle Group has announced that Glenn Youngkin will step down as co-CEO at the end of September, leaving Kewsong Lee as the firm’s sole CEO. The pair took over for co-founders David Rubenstein and Bill Conway in early 2018, around the same time that...
Large family offices are veering towards private equity investment during the economic turmoil caused by the coronavirus pandemic, a new study and interviews with family office CIOs reflects. The trend, according to the 2020 Global Family Office Report published by... 