Ardian has collected around $18 billion for a new fund to acquire private equity stakes and will shortly close it to new money, in one of the largest capital raisings since the coronavirus outbreak, people with knowledge of the matter said. The European asset manager...
Amid market shocks, alternative investment firms are moving some deals through the pipeline and tiptoeing into distressed opportunities. When Bain Capital told the 700 people in its Boston headquarters to work from home on March 11th it was big news. Now, anybody who...
Pandemic poses challenge, and opportunity, for buyout groups such as KKR and Carlyle A year ago, when US private equity group Carlyle began its search for investors in its fourth Japan fund, demand was buoyant. Sales of non-core businesses by Hitachi, Toshiba and...
SoftBank criticises Moody’s after debt downgrade SoftBank has demanded that Moody’s remove all of its bond ratings on the Japanese conglomerate, after the rating agency issued a two-notch downgrade that cut its debt deeper into junk status. The group led by...
Europe’s tech companies announced nearly $500 million in deals on Monday as venture-capital backed firms defied the gloomy markets. Lilium, an Uber-like service for private jets, closed a funding round of more than $240 million to continue development of its electric... 