Italian Football Club Genoa Sold to US Investment Firm

Italian Football Club Genoa Sold to US Investment Firm

Genoa announced on Thursday they have been bought by American private equity fund 777 Partners for a reported $175m as Italian businessman Enrico Preziosi ends his 18-year ownership of Italy’s oldest football club. “The new owner group, which will acquire...
Carlyle CEO says firm is committed to China

Carlyle CEO says firm is committed to China

Carlyle Group Chief Executive Kewsong Lee said on Wednesday that the U.S. private equity firm will remain a long-term investor in China despite “bumps” that have unnerved some investors. Beijing authorities have rolled out restrictions in the last few weeks on...