Carlyle Group Inc. and Singapore sovereign-wealth fund GIC Pte. Ltd. are backing out of a deal to buy a stake in American Express Global Business Travel, which has suffered losses from the Covid-19 pandemic. The parties were in talks to renegotiate terms of the deal,...
Mayinar Capital Advisers has started trading with more than $1 billion under management. The fund, which spun out of Tudor Investment Corporation, launched Friday. It has already become a shining gem in a sea of coal for the industry. HFR reported recently that global...
European buyout giant CVC Capital Partners is considering soccer investments in Germany, France and Italy, according to people familiar with the matter, as sports businesses feel increasing strain from the coronavirus pandemic. CVC has offered financial support to...
Vista Equity Partners will buy a 2.3% stake in Reliance Industries Ltd.’s Jio Platforms for 113.7 billion rupees ($1.5 billion), making the private-equity firm the largest investor in the digital arm after the parent and Facebook Inc. With the latest investment, Jio...
Zoom Video Communications Inc. bought Keybase Inc., which makes a secure messaging and file-sharing service, to bolster the service’s encryption amid privacy concerns. The acquisition, Zoom’s first, boosts its goal of becoming the most popular video conferencing tool...
