Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe. In April, Fidelity funds marked down stakes in Reddit by more than a third from the preceding month and...
A KKR-led consortium has begun soliciting investors to take over Ramsay Health Care Ltd.’s $5.8bn real estate portfolio, as the group seeks to buy out the Australian hospitals operator, according to people familiar with the matter. The private equity firm and its...
Rimac Group has raised €500m from investors, including SoftBank Vision Fund 2, the private equity business within Goldman Sachs Asset Management, as well as Porsche and InvestIndustrial, which are existing Rimac shareholders. Rimac Group’s value is now estimated at...
Insurers are expecting the reappearance over the next few years of two infamous villains, inflation and recession, according to Goldman Sachs’ annual global insurance survey. Inflation was a clear leader in the top concerns race with 28% of insurance companies...
Roper Technologies Inc said on Wednesday it would sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice LLC for $2.6bn as it seeks to focus on its software business. The industrial solutions and software firm will keep a... 