Apollo Global Management, KKR, Carlyle Group and Blackstone Group have enjoyed record earnings selling off assets in a hot market. Together they handed back $45bn to investors last quarter. Rising markets have fueled the industry’s frenzied pace. Exits by private...
Sage Housing has raised £280m through its first sustainable, social and green bond as part of a bid to deliver 20,000 new energy efficient homes. The fast-growing firm, backed by US private equity giant Blackstone, said it raised the funds through a new social housing...
The private-equity math for portable toilets looks like this in 2021: a billion gallons of waste handled annually equals a $4bn valuation. Those are, anyhow, the numbers behind Platinum Equity’s deal to transfer ownership of United Site Services Inc. from one of its...
Autonomous delivery vehicle maker Nuro raised $600m in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc’s Google as an investor. The funding round, led by Tiger Global Management, lifted Nuro’s valuation to...
KKR & Co Inc said on Tuesday its third-quarter distributable earnings more than doubled to $925.1m, driven by strong growth in management fees and profit from asset sales in its private equity business. KKR and other private equity firms have benefited from a... 