Private Equity Donors Favor Biden Over Trump on Bet to End Chaos

Private Equity Donors Favor Biden Over Trump on Bet to End Chaos

The London-listed, Asia-focused insurer has been looking for ways to bring external capital into the U.S. annuity provider and said it would continue to evaluate options for the part of the business it still owned, including a minority initial public offering. The end...
Private Equity Donors Favor Biden Over Trump on Bet to End Chaos

Private Equity Donors Favor Biden Over Trump on Bet to End Chaos

Joe Biden, who says he wants to tax capital gains at the same rate as ordinary income and pushes left-of-center economic policies, seems an unlikely favorite of private equity firms and hedge fund managers. But supporters linked to those industries have poured more...
Why venture capital doesn’t build the things we really need

Why venture capital doesn’t build the things we really need

The funding model that made Silicon Valley a global hub excels at creating a certain kind of innovation—but the pandemic has exposed its broader failures. I felt bad asking Zack Gray to repeat his story. He was used to it, he said. It’s the founding tale of his...