Private equity predators have spent close to £100billion plundering British companies since the start of the pandemic. The buyout barons have taken over 1,206 firms including household names from Morrisons to G4S, according to data from Refinitiv. The ‘pandemic...
Activist investor Starboard Value LP has purchased a 6.5% stake in web services firm GoDaddy worth about $800m, according to a regulatory filing with the U.S. Securities and Exchange Commission. Although no longer a major shareholder, Silver Lake and KKR still hold...
European LPs are leading the way in demanding private equity houses consider ESG when raising their investment funds, the latest Coller Capital Global Private Equity Barometer shows. It said the proportion of European LPs rejecting commitments on ESG grounds had grown...
It has been a record-breaking year for IPOs, but it has also been a mixed bag — and billionaire Stephen Schwarzman’s Blackstone Group is among those investors who are picking through their duds. The private-equity giant has held a significant ownership stake in 10...
Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly $157m in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as...