The Covid-19 pandemic was an unprecedented challenge for private equity (PE), with the crisis affecting most companies and spanning human resources, supply chains, liquidity and finances. But StepStone Group partner, Suzanne Tavill, says the Covid-19 crisis has...
SoftBank Group Corp.’s Arm Ltd. and its Chinese chip venture clashed publicly Wednesday over whether the venture’s CEO had been fired, a dispute that threatens to disrupt a company central to the global semiconductor industry. The British firm said Tuesday the board...
Morgan Stanley expects to make acquisitions in the asset-management industry, according to Chief Executive Officer James Gorman. “We’ll do deals,” Gorman said Tuesday at the firm’s virtual financials conference. “I’ve been very clear about that. I am not shy about...
South Carolina Retirement System Investment Commission, Columbia, committed up to $531 million to five private equity funds and a private credit fund for the $28.2 billion South Carolina Retirement Systems’ investment portfolio, according to board documents. At...
Wars are said to be accelerators of history. So are pandemics. Both unmask the fragility of our ways of life, notably our flimsy assumptions. The Covid-19 crisis has exposed the unresolved fundamental contradictions of sustainability. The environmental, social and... 