Private Equity Fundraising Will Slow Down Next Year

Private Equity Fundraising Will Slow Down Next Year

The record-setting sums raised by Blackstone and other large private equity firms this year are unlikely to be matched in 2020, according to PitchBook.   Private equity fundraising in North America and Europe hit another all-time high in 2019, driven in part by...
Carlyle, Singapore Fund Acquire Stake in AmEx Travel Unit

Carlyle, Singapore Fund Acquire Stake in AmEx Travel Unit

American Express Global Business Travel said Carlyle Group and several big name investors are buying a stake in the corporate travel company. American Express Co. will retain 50% ownership, according to a statement Tuesday. The deal values the unit at $5 billion,...
Warren Would Destroy Private Equity—at Everyone’s Expense

Warren Would Destroy Private Equity—at Everyone’s Expense

In her continuing effort to punish success, Sen. Elizabeth Warren is going after an important piece of America’s thriving economy: the private-equity industry. Her subtly titled Stop Wall Street Looting Act would put private-equity investors in a legal category...
Goldman Names Co-Heads of Alternative Investments Group

Goldman Names Co-Heads of Alternative Investments Group

The bank has new leadership for its alternative investments and manager selection business.   Goldman Sachs Group’s asset management unit has named Raanan Agus and Mike Brandmeyer co-heads of alternative investments and manager selection, in a reshuffling of...