Morgan Stanley-Backed Fund to Buy Virus-Hit S. African Firms

Morgan Stanley-Backed Fund to Buy Virus-Hit S. African Firms

Capitalworks Investment Partners Pty Ltd. plans to invest 5 billion rand ($270 million) of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic. The firm raised 25% more than planned for its Private...
Qatar Raising $7.6 Billion to Bolster Cash Reserves

Qatar Raising $7.6 Billion to Bolster Cash Reserves

Qatar’s sovereign wealth fund is pledging some of its most high-profile European equity investments to raise a $7.6 billion loan that will help the top liquefied natural gas exporter bolster its cash reserves amid plunging energy prices. The Qatar Investment Authority...
Briefing: COVID-19 crisis shines light on private equity tech

Briefing: COVID-19 crisis shines light on private equity tech

It was five years ago that Partners Group’s disaster-recovery team began preparing for a crisis like the one that would shut down all but four of its 20 offices by the end of March. ● Lockdowns put buyout firms’ tech under strain● Buyout industry’s rapid growth drives...
Blackstone’s Soho China Investment Discussions Have Stalled

Blackstone’s Soho China Investment Discussions Have Stalled

Blackstone Group Inc.’s talks about a potential investment in Chinese property developer Soho China Ltd. have stalled, people with knowledge of the matter said. The private equity firm’s discussions are no longer progressing after the coronavirus outbreak made it...