Bain Capital clinched a $1.2 billion deal on Tuesday to buy Japanese nursing-home operator Nichiigakkan after fending off a higher, last-minute bid from rival Baring Private Equity Asia. Some financial industry professionals criticised Bain for closing its bid despite...
The largest hedge fund in the world, Bridgewater Associates, dumped a number of investments in the second quarter as the coronavirus pandemic recovery raged. The hedge fund, founded by billionaire investor Ray Dalio, exited 153 holdings entirely and decreased holdings...
Even as global markets reeled through the first half of 2020, venture funds filled their coffers with $61.3bn, representing a multiyear high, according to data provider Preqin. The amount collected by funds globally in the first half of 2020 was 19% greater than in...
Serum Institute of India, the world’s largest vaccine manufacturer, is in talk with private equity investors including Blackstone and KKR as well as philanthropists and social venture funds to raise up to $1 billion for Covid-19 vaccine development. ...
Venture capital investors are betting big on Robinhood during this pandemic-plagued year as people stuck at home, especially younger investors, jump into trading a stock market that’s experienced its fastest bear market and recovery in Wall Street history. The trading...
