by Sebastian | Dec 16, 2020 | News
A Beijing private equity firm has teamed up with a fund management division of China’s CITIC Group in a bet on growing demand for server co-location and cloud computing on the mainland, according to an announcement this week. DCP Capital, a four year old firm set up...
by Sebastian | Dec 16, 2020 | News
With companies in industries from health care to battery storage in its portfolio, Blackstone Group Inc.’s massive buyout unit has a unique view into the economy. Soon it may offer peeks to outsiders willing to pay. The largest U.S. manager of private equity funds is...
by Sebastian | Dec 16, 2020 | News
AlpInvest Partners has raised $9 billion for its latest fund to focus on buying stakes in existing private equity investments. That’s the largest amount raised yet by the Carlyle Group Inc.-owned money manager, which has more than $49 billion of assets. The firm...
by Sebastian | Dec 16, 2020 | News
UBS is selling its domestic Austrian wealth management business to Liechenstein-based private bank LGT, the Swiss banking giant said on Wednesday. Terms were not disclosed for selling the business, which has just under 5 billion euros ($6.09 billion) in managed assets...
by Sebastian | Dec 16, 2020 | News
Some of the world’s biggest private equity firms, including Blackstone Group, Silver Lake Partners and Thoma Bravo, own major stakes in the software firms whose shares dived on news that they were breached by suspected Russian hackers. Shares in SolarWinds Corp, which...
