No games are underway during the coronavirus pandemic, but pro-sports organizations have as big a role to play as ever, says Apollo Global Management co-founder Josh Harris, owner of the Philadelphia 76ers and New Jersey Devils. Teams have an obligation to support...
At least two private consortia are circling to take over Virgin Australia, reducing pressure on the federal government to bail out the ailing airline. Sources inside government and the aviation industry confirmed to The Australian Financial Review that one consortium...
Investcorp, a Bahrain-headquartered global alternative investment manager, has announced the first closing at $275 million, of its Asia food brands private equity platform. The platform is jointly owned and managed by Investcorp, China Resources, one of the...
Blackstone Group Inc said on Monday it would invest $2 billion in Alnylam Pharmaceuticals Inc through an equity-and-debt deal, giving the drugmaker a financial boost without tapping into currently volatile stock markets for funds. Alnylam is the first drugmaker to win...
Apollo Global Management Inc.’s flagship credit hedge fund is scoring gains this year at a time when most of its rivals are nursing losses from the markets meltdown. The $3 billion Apollo Credit Strategies Fund run by John Zito was up about 6% through the week ended... 