The Carlyle Group has announced that Glenn Youngkin will step down as co-CEO at the end of September, leaving Kewsong Lee as the firm’s sole CEO. The pair took over for co-founders David Rubenstein and Bill Conway in early 2018, around the same time that...
Large family offices are veering towards private equity investment during the economic turmoil caused by the coronavirus pandemic, a new study and interviews with family office CIOs reflects. The trend, according to the 2020 Global Family Office Report published by...
Dun & Bradstreet (NYSE:DNB) is back. The leading corporate data information company long traded as DNB stock. In 2019, it disappeared when private equity firms acquired the firm. Now D&B has returned to the stock market, and under the same ticker symbol no...
A group of US investors led by General Atlantic and Sequoia is in early talks to acquire a majority stake in TikTok from parent company ByteDance, according to reports. The carveout would reportedly result in Beijing-based ByteDance retaining a minority interest with...
CVC Credit Partners has closed its latest collateralised loan obligation fund at $400m. The fund, Apidos XXXIII, is the second CLO fund private equity firm CVC’s credit arm has closed in the past month. In June, the firm announced the closing of Cordatus XVII, which...
