World Bank’s pandemic bonds sink as coronavirus spreads

World Bank’s pandemic bonds sink as coronavirus spreads

Investors dump debt designed to pay out when developing nations face serious outbreaks Investors are betting that a special pandemic bond issued by the World Bank will pay out relief funds to countries affected by the coronavirus, as the death toll from the outbreak...
Private equity firms switch to bulk hires for portfolio companies

Private equity firms switch to bulk hires for portfolio companies

Firms in the US and UK are hiring groups of people in one joined-up round of recruiting Private equity firms are hiring between five to 15 executives on average in one go for their portfolio companies, moving away from individual recruitment strategies, according to...
How Private Equity Became a Beta Play

How Private Equity Became a Beta Play

All the numbers point to private equity and venture capital being at a peak. But it’s not for the reasons many think, according to McKinsey. Institutions once invested in private equity for the potential to earn higher returns than other asset classes, and the...
KKR Bids for Telecom Italia Grid Stake as Spinoff Rekindled

KKR Bids for Telecom Italia Grid Stake as Spinoff Rekindled

Private equity giant KKR & Co. submitted an expression of interest for a minority stake in Telecom Italia SpA’s landline network, people familiar with the matter said, in a move that could allow the ex-phone monopoly to achieve the long-planned spinoff of part of...