Carlyle, Apollo both back in the black after grim Q1

Carlyle, Apollo both back in the black after grim Q1

The Carlyle Group and Apollo Global Management both returned to profitability in the second quarter of the year, with double-digit appreciation in the firms’ private equity portfolios keying a rebound from massive first-quarter losses that came after the...
2020 Could Be the Biggest Year Ever for Secondaries Fundraising

2020 Could Be the Biggest Year Ever for Secondaries Fundraising

The secondaries market has been flooded with record levels of cash, as investors sought to capitalize on what they see as a buyer’s market for private equity stakes. According to Preqin, a provider of private markets data, the 11 secondaries funds that closed in the...