Private equity vows to help the world. Lenders want proof

Private equity vows to help the world. Lenders want proof

In recent years, borrowers have been able to get a reduction in their interest costs in return for meeting targets linked to environmental, social and governance (ESG) goals. That trend has been turbocharged this year by private equity firms seeking a piece of the...
TPG-backed PropertyGuru eyes US$2 billion Thiel SPAC deal

TPG-backed PropertyGuru eyes US$2 billion Thiel SPAC deal

Bridgetown 2 Holdings Ltd., the blank-cheque company backed by billionaires Richard Li and Peter Thiel, is in advanced talks to merge with Singapore’s online real estate firm PropertyGuru, according to people with knowledge of the matter. The special purpose...