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...
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...
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...
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...
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 &... 