Swedish buyout group EQT says pandemic could slow fundraising

Swedish buyout group EQT says pandemic could slow fundraising

  Swedish private equity firm EQT said on Friday that the novel coronavirus pandemic and its impact on the wider economy could slow fundraising and delay asset sales. The company, which was listed in September, said in its first-quarter report that the impact on...
Germany is changing its tune on private equity investment

Germany is changing its tune on private equity investment

Until recently, Germany had a reputation for giving private equity firms an icy reception. In 2005, then chair of the ruling Social Democratic Party of Germany, Franz Müntefering, famously described them as “swarms of locusts that fall on companies, stripping them...
Germany Prepares to Take Stake in Lufthansa in Bailout

Germany Prepares to Take Stake in Lufthansa in Bailout

Deutsche Lufthansa AG, locked in tense negotiations over terms of a multibillion-euro state bailout, is considering court protection as a last resort should it fail to reach a deal with the German government, according to people familiar with the matter. The so-called...
Blackstone Sees Prospect of Buying Opportunities in Crisis

Blackstone Sees Prospect of Buying Opportunities in Crisis

Blackstone Group Inc. expects to see plenty of investment opportunities once the current economic crisis abates — and is already taking steps to deploy capital on downtrodden assets. Current dislocations spurred by coronavirus pandemic, while painful, will allow...