SoftBank to borrow $4bn from Apollo-led group

SoftBank to borrow $4bn from Apollo-led group

SoftBank Group Corp is borrowing nearly $4bn from a group led by private equity giant Apollo Global Management Inc, a source familiar with the matter said, as the conglomerate looks to increase cash on hand after its finances came under pressure. The loan, to be...
Global Infrastructure Hit With $4.5m Penalty by SEC

Global Infrastructure Hit With $4.5m Penalty by SEC

Global Infrastructure Management has agreed to pay a $4.5m penalty to settle Securities and Exchange Commission charges involving fees and expenses it passed on to investors in at least two of its funds. The New York firm which sponsors the Global Infrastructure...