The Covid-19 pandemic has decimated the world’s travel industry and fatally crippled a deal calling for the Carlyle Group Inc. and Singapore sovereign-wealth fund GIC Pte to buy 20% of American Express Global Business Travel, according to unsealed lawsuits. Carlyle...
Redstone Digital, a Berlin-based venture capital firm, is raising a 200 million-euro fund ($217 million), led by SBI Holdings Inc, for a fund that will invest into startups focusing on the so-called fourth industrial revolution. The Future Industry Ventures Fund will...
The travel industry faces a strained present and an uncertain future, but you’d never know it from the swarm of suitors sizing up potential offers for Virgin Australia Holdings Ltd. Even as carriers’ shares sink on predictions that air travel will take years to return...
International investment firm Cathay Capital has raised $1.4 billion in new funds with an eye on opportunities created by the pandemic-afflicted economy. Cathay Innovation, the firm’s venture team, got $550 million in new financing, $230 million more than its...
Our clients’ desire for lower volatility and higher income hasn’t changed much over the years, but in this low rate environment, it’s no longer coming from traditional sources. Clients are increasingly becoming discouraged with traditional investment sources – and for...
