Asset allocators are likely to have the upper hand over managers in any near-term commitments to private capital funds, if recent history is any indication. Preqin data from 2009 indicates that limited partners were better able to negotiate lower fees and other...
Indian billionaire Mukesh Ambani extended a fund-raising streak in the digital platform business he leads, adding a 113.7 billion rupee ($1.5 billion) investment by KKR & Co. to help his Reliance Industries Ltd. conglomerate pay down debt. The deal gives the New...
Before the meltdown at WeWork and the outbreak of the coronavirus pandemic, Masayoshi Son said he would like to raise a new Vision Fund every two to three years after his initial $100 billion fund. Now the first Vision Fund looks like it could be the last. SoftBank...
The largest managers will tighten their grip on private capital markets during the coronavirus pandemic, according to PitchBook. “Covid-19’s impact on in-person due diligence is thwarting fundraising attempts by nearly every GP and further exacerbating the bifurcation...
A sudden spate of multibillion-dollar stock sales and corporate takeovers has raised hopes of a rebound from the severe dropoff in dealmaking brought on by the coronavirus crisis. JDE Peet’s, the world’s largest pure-play coffee company, on Tuesday unveiled plans for... 