Americans’ 401(k) accounts are now open to private equity managers, but they shouldn’t pin their hopes on a sudden flood of retiree dollars. Private equity managers’ long-held dream of getting a piece of the $6.2tn 401(k) market received a boost last week, when the...
A consortium of investors led by BlackRock Private Equity Partners has acquired a minority stake in Trustly. The Stockholm-based company allows customers to pay merchants directly from their bank accounts. The terms of the deal were undisclosed but TechCrunch reported...
A little-known Indian IT firm located in the suburb of New Delhi, BellTroX InfoTech, had been offering its hacking services to help its clients spy on over 10,000 email accounts and individuals including a number of well-known US investors such as KKR for a period of...
Private Equity investments in the real estate sector have crashe by 93% to $238 million (RS 1,799 crore) during the first five months of 2020 compared to $3.3 billion (RS 24,941 crore) in the same period last year. The real estate sector had attracted $6.8 billion...
Database security startup jSonar has secured $50 million in new funding from Goldman Sachs . The company, with offices in Waltham, Mass. and Vancouver, B.C., will use the new funding to grow its database security offering. In return, Goldman Sachs executive David... 