The National Treasury proposal to subject private equity (PE) firms that tap public funds (read pension schemes) to Capital Markets Authority (CMA) regulations, are welcome – if that’s what it takes to open up pension fund coffers. Otherwise, regulatory hurdles at...
Confusion reigned after the US government’s list of Payment Protection Program loan recipients named various high-profile startups and venture capital firms, including some who denied even applying for the $669 billion pandemic relief program. In the spring, a...
As private equity investments become all the more commonplace in pension fund portfolios, is the asset class really worth it? According to a paper by Ludovic Phalippou, professor of financial economics at the University of Oxford’s Saïd Business School, private equity...
A fool and his money are soon parted… The apple doesn’t fall far from the tree… We’ve all heard truisms such as these — mental models based on shared experiences that are so widely accepted and so ingrained in our culture that challenging their validity...
Private equity firms Apollo Global Management and Silver Lake Partners rode to Expedia Group’s liquidity rescue in April with a deal to provide $3.2 billion in financing. As its bookings rebounded somewhat, Expedia was looking Tuesday to pay off these firms early, and... 