The Barbarians are back at the gates, only this time they say they want to help. Private equity giant TPG is raising a fund to invest in public companies and will offer its experience to aid better decision making, according to people familiar with the matter. The...
Blackstone Group Inc. and Apollo Global Management Inc. delivered a simple message to Wall Street’s main regulator Tuesday: Private equity is stomping public markets, meaning mom-and-pop investors will endure inferior returns as long as rules keep them out. Speaking...
Visa Inc. grew into one of the world’s most valuable financial companies by serving as the pipes that help connect banks and merchants. Now, it’s making a major bet on doing the same for data between banks and financial startups. Visa agreed to pay $5.3 billion for...
Blackstone owned more than 300,000 residential units worldwide as of last June Blackstone Group is cashing out of another residential real-estate investment. The asset management firm, together with its joint venture partner Round Hill Capital, has agreed to sell a... 