Consumer-lending platform and Blackstone portfolio company Finance of America Equity Capital is set to go public with a valuation of $1.9bn through a blank-check merger, this year’s hottest way to list shares, according to people familiar with the matter. Finance of...
Impact investing, where funds seek to generate positive social or environmental impact alongside financial returns, has matured in recent years but the pandemic seems to have become the final push it needed to move into the mainstream. Buyout firms in Europe are...
Pictet Alternative Advisors, part of Geneva-based private bank Pictet Group, has launched its first tech-focused fund, a $300m private equity vehicle. The new strategy, Pictet Thematic Private Equity – Technology, will target funds of all sizes and companies from...
BC Partners has raised around half the target amount for its next flagship private equity fund, for which it is seeking a record 8.5 billion euros ($10 billion), people with knowledge of the matter said. The London-based buyout firm has already gathered more than 4...
The world’s billionaires saw their wealth soar to a record $10.2tn during the coronavirus crisis. But fears over their post-pandemic fortunes are keeping the UK’s richest investors awake at night. Some of Britain’s wealthiest bankers and hedge fund managers are among...
