IK Investment Partners (“IK” or “the Firm”), a leading Pan-European private equity firm, is pleased to announce that it has closed its ninth Mid Cap fund, the IK IX Fund (“the Fund”), having reached its hard cap of €2.85 billion. IK’s previous Mid Cap fund, IK VIII,...
Asset managers seeking an edge in the uncertainty of the pandemic might do well to turn to natural language processing the way firms including American Century Investments do — and avoid the task of digesting massive volumes of research, according to text analytics...
Banks sitting on 8.3 billion euros ($9.1 billion) of debt from the acquisition of ThyssenKrupp AG’s elevator unit, aim to sell their exposure as early as next month, according to people familiar with the matter. Underwriters Barclays Plc, Credit Suisse Group AG,...
BlackRock Inc. attracted some of the world’s largest institutional investors and sovereign funds when a major stake was sold this month, illustrating chief Larry Fink’s connections with deep sources of capital in the U.S., Middle East and Asia. Existing...
Blackstone Group Inc. is dropping H2O AM from its roster of outside firms that help manage one of its main liquid alternative funds, the latest blow for the London-based macro firm run by Bruno Crastes and Vincent Chailley. H2O will cease being sub-adviser to... 