Private equity’s 2020 US election bets mostly pay off

Private equity’s 2020 US election bets mostly pay off

Most of the private equity industry’s favored 2020 political candidates were victorious in last week’s voting, a result reflecting the industry’s financial and political clout. Although control of the Senate isn’t yet decided and is likely to...
Private equity can sprint ahead in Adidas castoffs

Private equity can sprint ahead in Adidas castoffs

Reebok Classics are not a good fit for Adidas. Buyout firms are interested in buying the underperforming brand, best known for 80s trainer styles, the Financial Times reported. For an acquirer to make a private equity-style return, however, the German sportswear group...