As markets deteriorate, LPs prepare to sell off private investments to rebalance out-of-whack portfolios and raise cash. Investors in private equity are gearing up to liquidate alternative assets in preparation for the coronavirus-triggered market rout continuing....
Airbnb is fielding “significant” interest from investors even as the coronavirus crisis hits the travel and hospitality industry especially hard, two sources familiar with the matter told CNBC. Airbnb is in “listen mode” as it considers raising money during what it...
U.S. private equity firms hold about $2 trillion in cash, a useful position amid the current market carnage. But, for now, very few are putting that money to work. Deal activity has ground to a halt and discussions with businesses hit by the panic around the...
In an upbeat call with investors, Apollo Global Management Inc.’s co-heads of private equity investing said they are tracking more than 250 potential opportunities to scoop up distressed assets, and pursuing chances to enhance returns by snapping up its own portfolio...
Quant managers’ private equity replication funds have tanked. Real private equity investors should take note. Funds that mimic private equity by investing in publicly-traded stocks have cratered right along with markets around the globe. The decline may be testing the...