Chinese regulators are reviewing equity investments by Ant Group in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma’s financial technology empire. The regulators are considering whether to...
Private equity firm Apax Partners has inked an agreement to acquire the software products business of 3i Infotech Ltd for $136 million, sealing its first India deal in almost two years. The deal will help 3i Infotech repay all its debt, strengthen its balance sheet...
Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, today announced the completion of its strategic growth investment in Venafi, the inventor and leading provider of machine identity management. “We...
Locked-down smokers around the world are proving to be a boon for the Dominican Republic’s cigar and tobacco industry. Already the world’s largest cigar producer, the Caribbean nation is on track to export a record $1 billion worth of tobacco products this year. That...
BlackRock planned to shake up the private-equity world with a $12 billion fund. Now the asset-management giant is setting its sights lower. BlackRock’s staffers conceded the target was unrealistic after struggling to meet fundraising goals. The firm’s staffers hope to...
