Apollo Global Management Inc. has bought a chunk of a loan arranged by a group of banks that will help United Airlines Holdings Inc. boost liquidity as the fast-spreading coronavirus wreaks havoc across the travel industry, according to people familiar with the...
Private equity firm agrees £120m deal to buy 22 logistics sites as online shopping soars Private equity firm Blackstone has agreed a £120m deal to buy 22 logistics sites across the UK as online shopping soars in response to the coronavirus pandemic. Blackstone’s...
As markets deteriorate, LPs prepare to sell off private investments to rebalance out-of-whack portfolios and raise cash. Investors in private equity are gearing up to liquidate alternative assets in preparation for the coronavirus-triggered market rout continuing....
Airbnb is fielding “significant” interest from investors even as the coronavirus crisis hits the travel and hospitality industry especially hard, two sources familiar with the matter told CNBC. Airbnb is in “listen mode” as it considers raising money during what it...
U.S. private equity firms hold about $2 trillion in cash, a useful position amid the current market carnage. But, for now, very few are putting that money to work. Deal activity has ground to a halt and discussions with businesses hit by the panic around the... 