Goldman Sachs Group Inc. has Wall Street’s biggest investment portfolio, a boast that became a liability in the first quarter as fallout from the coronavirus weighed on the firm’s holdings. The business took an almost $900 million hit that contributed to a 46% decline...
Investments will back local businesses needing capital to overome coronavirus SINGAPORE — Malaysia’s COPE Private Equity has launched an equity investment program to provide capital to domestic businesses hurting in the wake of the COVID-19 outbreak. The...
Japan’s Softbank Group Corp reached an agreement to invest 250 million reais ($48 million) in pet products online retailer Petlove, the companies said in a statement on Tuesday. The investment will come from Softbank’s Latin America fund, adding to previous venture...
In the competition for a federal bailout, venture capital won the first round. Now, private equity is fighting back — and winning. The first round was the $350 billion Paycheck Protection Program, which provides forgivable loans of up to 2.5 times companies’ monthly...
Private equity firms won’t waste another crisis, EY predicts. If the pandemic pushes the economy into a recession, investment companies will put money to work a lot faster than they did during the last major downturn in 2008, according to a report published Wednesday...
