Expedia to Deliver Early Payday to Private Equity Investors

Expedia to Deliver Early Payday to Private Equity Investors

Private equity firms Apollo Global Management and Silver Lake Partners rode to Expedia Group’s liquidity rescue in April with a deal to provide $3.2 billion in financing. As its bookings rebounded somewhat, Expedia was looking Tuesday to pay off these firms early, and...
How Private Equity Is Supporting the Nation’s Economic Recovery

How Private Equity Is Supporting the Nation’s Economic Recovery

Creating jobs. Encouraging sustainable growth. Expanding economic opportunity. These priorities are front and center today as the nation grapples with both recovering from the pandemic shutdowns and addressing the concerns of disadvantaged communities. The federal...
KKR-backed cafe owner crumbles

KKR-backed cafe owner crumbles

Myriad restaurants have gone bankrupt or shut down for good in recent months, unable to overcome slowing sales and forced closings caused by the pandemic. A growing list of UK eateries backed by private equity firms are no exception, despite the deep pockets of their...