Private equity has spent more on the 2020 political races than on any previous election, setting a new high for political donations at a time of fierce debate about greater regulation of the industry. Employees of private equity and other investment firms, excluding...
The Carlyle Group said on Monday it had agreed to buy a majority stake in funds network Calastone from its current owners including venture capital investor Octopus Ventures and Accel for an undisclosed sum. Carlyle said the deal, for an unspecified stake in the...
Bayer agreed to acquire unlisted U.S. biotech firm Asklepios BioPharmaceutical Inc for as much as $4 billion in a bet on gene therapy with the help of modified viruses. Germany’s Bayer will pay $2 billion upfront and up to an additional $2 billion in milestone...
Blackstone Group Inc has reached an agreement to buy Simply Self Storage from Canada’s Brookfield Asset Management Inc. for about $1.2 billion, a spokeswoman for the asset manager said late on Sunday. Blackstone’s non-traded real-estate investment trust, known...
Jon Moulton, the veteran private equity boss, was a vocal supporter of leaving the European Union in the run-up to the UK’s in-out referendum on EU membership. Now, though, he fears Brexit could have a devastating impact on the UK’s financial services sector when the...