Private-equity firm The Carlyle Group said on Tuesday that its co-CEO Glenn Youngkin has decided to step down in September after 25 years with the firm. Kewsong Lee, who currently serves alongside Youngkin as co-CEO, will take over responsibilities as the solo chief...
Private credit fundraising returned to popularity in the first half of the year as the coronavirus pandemic gave distressed debt investors hope that a window of bargain hunting might be opening. The lull in demand for distressed debt, caused by low interest rates and...
Large, venture-backed businesses that haven’t gone public yet be advised: by the end of Tuesday billionaire investor Bill Ackman could have as much as $4 billion in his back pocket ready to put toward a bumper acquisition. Ackman’s blank-check company — the...
US-based investor RedBird Capital Partners has agreed to buy an 85% stake in French soccer team Toulouse FC, while UK’s Bridgepoint has approached England’s Football Association for a stake in the Women’s Super League, according to Sky News. The...
Private equity and venture capital investment into UK businesses reached GBP22.33 billion in 2019, an increase of GBP1.6 billion on the previous year, new research from the BVCA shows. Published today, the BVCA’s annual Report on Investment Activity shows the full...
