Investor appetite for mobility stays strong despite shutdowns

Investor appetite for mobility stays strong despite shutdowns

The coronavirus pandemic has profoundly affected the global transportation system, with social distancing and stay-at-home orders transforming consumer behavior. Yet despite what will likely be a substantial impact in the near future, long-term prospects for startups...
GIC reports lowest results since global financial crisis

GIC reports lowest results since global financial crisis

Singapore’s GIC reported its lowest 20-year inflation-adjusted returns — the sovereign wealth fund’s barometer of choice for long-term investment skill — since the global financial crisis. The 2.7% annualized real return was a “resilient”...
Private equity firms quietly return to debt-funded payouts

Private equity firms quietly return to debt-funded payouts

Private equity-owned companies are again raising debt to pay their owners dividends, just as warnings sound about saddling businesses with more leverage in the midst of a downturn. This month Baltic telecommunication firm Bite and U.S.-based Epicor Software Corp. have...