All the numbers point to private equity and venture capital being at a peak. But it’s not for the reasons many think, according to McKinsey. Institutions once invested in private equity for the potential to earn higher returns than other asset classes, and the...
The biggest PE shops are doing more hiring from elite MBA programs, and they’re filling spots for a wider variety of roles than in the past. We surveyed 13 top business schools and spoke with some of their professors to understand the trends in where their...
Private equity giant KKR & Co. submitted an expression of interest for a minority stake in Telecom Italia SpA’s landline network, people familiar with the matter said, in a move that could allow the ex-phone monopoly to achieve the long-planned spinoff of part of...
Goldman Sachs’ (GS.N) merchant banking unit and medical charity Wellcome Trust have agreed to sell here the British student accommodation company iQ to Blackstone (BX.N) for 4.66 billion pounds ($6.06 billion), the companies said. Britain is the second largest...
Wall Street investment bank Morgan Stanley will acquire E-Trade for $13 billion, the companies said on Thursday, the latest in a consolidation wave for the brokerage industry. Morgan Stanley will pay $58.74 a share in stock for E-Trade in a deal bringing together $3.1... 