After years of fund raising, private-equity funds “are awash in capital,” according to Bain’s 2019 private-equity report. That means they have to find things to spend their cash on. That won’t surprise investors who have been watching the market. Take Walgreens Boots...
Coty Inc. agreed to pay $600 million in cash for a majority stake in Kylie Jenner’s cosmetics line, the latest move by a major beauty company to acquire trendy brands that appeal to a younger clientele. The makeup and fragrance giant will have overall responsibility...
Taylor Swift’s feud with her record label reveals a little-known fact about the entertainment business: the outsized role private equity plays in funding its biggest stars. Swift asked Carlyle Group in a tweet on Thursday to help her as she battles to secure ownership...
“Hedge funds are certainly looking to capitalize on the enthusiasm for private equity,” says an EY partner. Two Sigma, one of the world’s largest quantitative hedge fund managers, has raised $1.2 billion for its new private equity unit, Sightway Capital. Sightway...
The private equity boom has reached a level where investors are paying a premium for stakes in buyout funds managed by the industry’s biggest beasts, deploying billions of dollars into a hot market despite a mounting political backlash. Investors such as endowments,... 