The median holding time of private equity assets continues to decline. As of the end of 2019, it’s down to 4.9 years, the first sub-five-year reading since 2011, according to PitchBook’s 2019 Annual US PE Breakdown. During the time period since 2011, PE...
Finland’s Kone (KNEBV.HE) and private equity firms are battling to buy ThyssenKrupp’s (TKAG.DE) prized elevator division worth more than 15 billion euros ($16.6 billion), a deal which would be Europe’s biggest private equity deal in 13 years. Thyssenkrupp says it will...
Several factors could give the private equity industry a sky-high bounce. Private equity could grow by five times over the next decade. Big firms will get bigger and smaller firms will specialize. Firms will need to align with environment, social and governance...
Paras Shah was one of the highest-profile traders in Europe’s junk bond market Citigroup has suspended one of its most senior bond traders in London after the US investment bank accused him of stealing food from the office canteen. Paras Shah abruptly left his post...
KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance, announced today the signing of a definitive agreement to acquire a portfolio of commercial aircraft from Etihad Airways (“Etihad”), the national... 