Private-equity firms notched a major win in Washington with the Trump administration paving the way for the industry to tap a massive pot of money that has long been off limits: the trillions of dollars held in Americans’ retirement accounts. The Labor Department...
Bain Capital is “definitely bullish on Japan” as one of its investment destinations, said Managing Director David Gross-Loh, noting that the country has handled the coronavirus pandemic “pretty well.” Bain is focused on longer-term opportunities in Japan, where health...
As we continue to see protests across the U.S. (and elsewhere) sparked by the killing of George Floyd by police in Minnesota, SoftBank is announcing a new investment vehicle to back entrepreneurs of color, part of its contribution to trying to redress the imbalance...
In the latest lawsuit over WeWork’s scuttled IPO, investors say the company hoodwinked them by promoting a transformation of the concept of workspace in order to sell hundreds of millions of dollars worth of stock. The complaint was filed as a class action on behalf...
Judging from the data through April, Covid-19 has already taken a hammer to private equity activity in Europe. Buyouts and exits have fallen sharply and there’s plenty of downward pressure on fundraising and returns. Given rampant uncertainty, it’s difficult to... 