In all of 2014, special-purpose acquisition companies raised a grand total of $1.8 billion in US IPOs, according to the site SPAC Research. This week, Chamath Palihapitiya surpassed that sum in 24 hours: Three different SPACs backed by the Social Capital tycoon priced...
One in 10 companies owned by private equity managers is in “intensive care” as a result of the coronavirus pandemic, sparking concerns that alternative funds could suffer performance hits and reputational damage. Private equity managers reported that half of the...
David Roux, a co-founder of investment firm Silver Lake, is teaming up with former Blackstone Group Inc. executive Anjan Mukherjee to raise a private equity fund, according to people with knowledge of the matter. The two co-managing partners have begun talks with...
John Henry, owner of Liverpool FC and Boston Red Sox, is in talks to publicly list his sports holdings in a merger with a blank-cheque company, two people familiar with the matter said. The move would value his company at $8bn in a proposed tie-up with Billy Beane,...
Private equity powerhouse EQT is considering a takeover of Dutch phone company Royal KPN NV in what would be its largest-ever acquisition, people with knowledge of the matter said. The buyout firm is in the early stages of discussing the feasibility of a deal with...