by Sebastian | Apr 2, 2020 | News
Private equity firms are working the phones in Washington to fix what they consider a major flaw in the coronavirus rescue bill: they fear that companies they own are largely ineligible for the billions of dollars in small business loans the U.S. is doling out to save...
by Sebastian | Apr 2, 2020 | News
KKR & Co. is suspending its planned sale of Goodpack Ltd., a Singaporean provider of intermediate bulk containers, after bids fell short of expectations, according to people familiar with the matter. The coronavirus outbreak has disrupted the sale, which was...
by Sebastian | Apr 1, 2020 | News
Private equity fundraising in the US surged over the past decade, with annual figures climbing from less than $60 billion in 2010 to a record $301 billion in 2019. But now that the coronavirus outbreak has reduced travel, dealmaking has slowed, and limited partners...
by Sebastian | Apr 1, 2020 | News
For a glimpse of just how much trouble the sector is in, look no further than SoftBank. If exchange-traded funds are the fast food of investing, then private equity is the private kitchen. As the world spirals into a recession and the coronavirus pandemic batters your...
by Sebastian | Apr 1, 2020 | News
For private equity firms, the Covid-19 pandemic turned a record buying binge into an industry-wide panic, upending a lucrative business model and turning dealmakers into rescuers overnight. It’s left investors like Cinven, Blackstone Group Inc., Permira and KKR &...