Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork’s planned share sale failed, data showed on Friday. Sovereign wealth-backed venture capital rounds fell...
Swiss Firmenich has agreed to buy Les Dérivés Résiniques et Terpéniques (DRT), which specialises in plant-based chemistry, from private equity group Ardian, Tikehau Capital and family shareholders, the flavours and fragrances group said on Friday. It gave no financial...
Coronavirus takes a bite out of Berkshire Hathaway’s investments in four airlines, as Jets ETF has dropped in 14 of past 15 sessions The selloff in airline stocks resulting from the coronavirus outbreak could be costing Warren Buffett nearly $3bn over the past few...
Sequoia Capital, one of the world’s top venture capital firms, sent a note to the founders and CEOs of its companies on Friday describing the coronavirus as “the black swan of 2020” and urging them to brace for coming economic shocks. The note, which it also...
UK private equity firm is known for backing companies including Hugo Boss and Duff & Phelps A unit of Goldman Sachs is in talks to buy a stake in Permira, a large international private equity firm, according to people familiar with the matter. In the deal being... 