Billionaire Nelson Peltz’s Trian Partners Ltd. saw its portfolio of investments decline by more than 16% in March as the coronavirus pandemic took hold and the market sell-off accelerated. Those losses add up to almost a 25% decline in its investments this year...
The coronavirus outbreak has already caused a slowdown in mergers and acquisitions, and the unprecedented nature of the global crisis means executives don’t know how long the calamity will last—or how bad it will get. For now, many dealmakers are forgoing...
StepStone Group has held the final close of its fourth secondary private equity fund, securing a capital pool of $2.1bn. The firm nearly doubled the initial target for the vehicle, which had been pitched at $1.25bn. This new fund is a significant jump from its...
Private-equity firms have been dealt a setback in their latest attempt to get companies they own access to billions of dollars of loans that the U.S. government is doling out to help small businesses hit hard by the coronavirus pandemic. The next bill in the U.S....
Support for those affected by the pandemic also came from Apollo Global Management’s Leon Black KKR and its executives have pledged $50m to support communities, portfolio company employees and first responders affected by the coronavirus pandemic, while Apollo Global...
