Global private equity assets pass the $4tn milestone

Global private equity assets pass the $4tn milestone

The industry’s assets under management could reach $5tn by the end of 2022, says data provider Preqin Private equity firms are now managing more money than ever before. The strong fundraising and rising returns have helped push the industry’s assets under...
Private equity became too focused on money, says Guy Hands

Private equity became too focused on money, says Guy Hands

Buyout pioneer warns industry’s culture is ‘not fit for purpose’ Private equity has a surprising new critic: Guy Hands, a pioneer of the buyout industry in the UK. The 60-year-old has hit out at fellow dealmakers for becoming too focused on how much money they make...
BlackRock trading boss backs plans to shorten LSE hours

BlackRock trading boss backs plans to shorten LSE hours

Momentum continues to gather behind an initiative many see as crucial to changing City culture BlackRock has given its public backing to plans to shorten trading hours on the London Stock Exchange. Paul Battams, head of equity trading in Europe, the Middle East and...